Professional Documents
Culture Documents
Mod 3 Final Report
Mod 3 Final Report
By
o Dibakar Jha, 1558140
o Puja Ghosh, 1558148
o Saroj Kanti Biswas, 1558153
o Subhankar Manna, 1558156
o Debkumar Mondal, 1558157
o Subhasish Mahanti, 1558160
Contents
• COMPANY DESCRIPTION
• MARKET RESEARCH
• SERVICES
• TARGET CUSTOMERS
• BARRIERS TO ENTRY
• BUSINESS STRUCTURE
• SWOT ANALYSIS
• SOURCES OF FUND
• COST ANALYSIS
• CONCLUSION
Company Description
New Age Constructors Pvt. Ltd. Is a construction-based startup
which provides the easy & quick shelter solutions. This company will
3D-print your house in the cleanest & quickest way possible.
The company will be taking up personal & commercial building
projects as well as Govt. projects like building shelters for refugees or
disaster-stricken people. This company is a partnership business
operated by six people. It is scheduled to begin on April-2019 with its
head-office at Saltlake, Sector-V.
Market Research
We all know India is the country with fastest growing
population, so they need houses for shelter and obviously, they want
this in minimum time. We have focused upon that matter and built
this company, which can build one building in 7 to 8 days. This is a
completely new initiative to be taken up in Indian market. So there is
an enormous opportunity to make profit & earn a name. But we may
face objection from the conventional construction companies as this
new idea of construction is more convenient.
Services
• Structural Components
– Reinforced Wall
– Concrete Hollow Wall
– Concrete Curved Wall
– Precast Reinforced Beam
– Precast Curved Beam
– Precast Columns
– Precast Floor Slabs
• Whole Structures
– Residential House
• In-situ 3D printing of walls
• Assembly of precast beams, columns
• Painting & Finishing works
• Interior Decoration, if desired
• Whole Structures
– Pedestrians’ Bridge (small-medium span)
In-situ 3D printing of concrete slab, railings
• Supply of Construction Materials
– Geopolymer Concrete
– Cob
– Quick-setting concrete
– Fiber-glass reinforcements
Target Customers
Our New age construction Pvt. Ltd. will run only if we can set
our target customers very efficiently.
Initially we can take only three kind of customers that might be
common people, government organizations & private sectors. We
can build residential buildings, small houses for common people of
our country as customers. From private sectors we can avail project
of constructing commercial building, multi-storeyed structures. Also
for making building for slums and people under poverty line, we can
build small houses in a very less amount of time. Also we can
construct small bridges like culverts with large precision and less
time. So from allocating vacant land to constructing building with an
enhanced speed and more importantly within optimum cost, we can
give a solution to space tweaks for this new India, hence we think
our new technology will get an large appreciation.
Barriers To Entry
To make our organization successful, we need to withstand the
difficulties, barriers coming to it with strong hand. Some of the
barriers are discussed next.
For opening any construction company, it needs Building of Indian
Standard (BIS) accreditation. After getting confirmation, we can start
our construction firm.
As a completely new technology, it needs lots of advertisement
to make people aware about this kind of technology, to make
people familiar with the pros & cons we need to give some
amount of free samples ready to use. Accompanying that it
requires a lots of marketing cost to initiate the project.
Without that, for importing a 3D printing machine it needs lot
of money, also for a special kind of transportation vehicle,
storage allocation, mover vehicle, it needs a huge fund that
need to be allocated with the initialization of the company.
As we know there are lots of giant construction companies
constructing in India with all their effort. Coming up with a new
trendy technology may scare them off & they might try to make
shut off the use of this kind of technology & without that
amongst all big brand, we need some time to stand our head
up & recognize our brand.
For running this kind of technology we need all aid from
mechanical, electrical, civil & computer related skills & very
necessarily we need many of highly skilled labors & staffs to
regulate, maintain these equipment.
Also for running 3D printer, a completely specific software is
indispensable. For using storage vehicle, we need specialized
technology.
Business Structure
In the case where business structure is concerned, we can say a
partnership business is the actual key of our project.
• This venture requires resources & hard work which a single
person can’t give.
• There are various departments which are to be handled by
experts in their respective departments.
• This is a risky path, so partners can serve as a restraint.
To discuss about the business structure, we will say our
company will have five different mainstream sectors likely admin
department, interior decoration department, design works,
machineries department & storage department.
Here admin. Department includes recruitment department & staff
care department, without that the drafting & design department are
included into design department.
SWOT Analysis
SWOT analysis is a study undertaken by an organization to
identify its internal strength & weaknesses, as well as its external
opportunities & threats.
STRENGTH -
1. It is a cheap & quick construction method.
2. Different structural components separately constructed
according to need.
3. Whole structure constructed & handover as ready to use.
4. The raw materials used for the purpose of construction are
cheap & eco-friendly.
WEAKNESS -
1. High initial cost & maintenance cost.
2. Machine operating skill required.
3. Limited variety of materials which can be produced from 3D
printer.
OPPORTUNITY -
1. It provides services to large organizations as well as individual
clients.
2. It is a eco-friendly construction with zero waste generation.
3. It is a completely new initiative in Indian market.
THREAT -
1. Objection can arise from labourers’ organizations.
2. Conventional construction-material dealers can be a threat.
3. Malfunctioning of important machineries.
Sources Of Fund
1) SELF FUNDING:
Self-funding, also known as bootstrapping, is an effective way
of startup financing, especially when we are just starting our
business. We can invest from our own savings or can get our family
and friends to contribute. This will be easy to raise due to less
formalities/ compliances, and less costs of raising. In most situations,
family and friends are flexible with the interest rate.
Self-funding or bootstrapping should be considered as a first funding
option because of its advantages. When we have our own money, we
are tied to business. On a later stage, investors consider this as a
good point. However, this is suitable only if the initial requirement
is small. Some businesses need money right from the day-1 and for
such businesses, bootstrapping may not be a good option.
Bootstrapping is also about stretching resources – both financial and
otherwise – as far as we can.