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Hand Tool Manufacturing Business, a business that holds a lot of value in our daily life. Tools like spanners, pliers, axes, cable cutters, screwdrivers, wrench, etc. do not require any electricity, rather they are operated manually. With time, these hand tools have become user-friendly.
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Insulated tools not only save the user from electric shocks but also makes them handy. The reason behind its increasing demand around the globe is its durability and stiffness. The business is expected to flourish in present as well as in the future. Looking at its market, then it is visible that in past few years, it has seen a great rise. The main reason behind its growth is the increasing growth in the construction and automobile industry.
Hand tools are not only used in houses, but also in technical as well as automobile shops. According to market research, the demand for hand tools is said to increase and contribute to the economy. In this Hand Tool Manufacturing Business Industrial Video, we will get detailed knowledge about how to start this business and what are the important factors to be kept in mind while starting this business.
Topics covered in this video are:
0:00 Introduction
2:06 Area
2:26 Raw Material
2:40 Process
5:07 Machines and equipment
5:51 Manpower
6:06 Electricity Load
6:13 Investment and profitability
6:27 Licenses
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