ROJECT REPORT

M/s. VISION RESEARCH AND

INNOVATION LABORATORY

#141, Ganapathinagara, Rajagopalanagara main road,

Peenya industrial area 4th phase, Bangalore – 560058

1 VRIL
 Project at a Glance

Name & Address of Unit:

M/s. Vision Research and Innovation Laboratory

#141, Ganapathinagara, Rajagopalanagara main road, Peenya industrial area 4th phase, Bangalore – 560058

Activity : NABL Chemical and Mechanical Testing Service

Email : vril.innovations@gmail.com

Phone : 8892930511

Constitution : Partnership Firm/ Micro Enterprises

Scheme : PMGEP Loan

Number of employments : 6

Total project cost : 37,00,000.00 INR

Fixed Capital : 32,50,000.00 INR

Working Capital : 4,50,000.00 INR

Promoter(s) contribution : 23,00,000.00 INR

Total Bank Loan : 14,00,000.00 INR

Term loan : 12,00,000.00 INR

Working capital loan : 2,00,000.00 INR

2 VRIL
 Name & Address of Promoter(s)

1) Name: Aravind P

Address: #39,muninarayanappa layout, Doddobommasandra, Bang - 560097

Phone: 8892930511

Designation: Managing partner & CEO

Category: OBC

E-mail: arwindroid@gmail.com

2) Name: HARSHA K H

Address: #817, 17th F main, 5th block, Rajajinagar, Bengaluru - 560010

Phone: 8951985082

Designation: Partner

Category: OBC

E-mail: harsha.kh048@gmail.com

3) Name: Vinod Kambli M

Address: #76, 2nd cross, Lavakusha Nagar, Laggere, Bengaluru - 560058

Phone: 8123406283

Designation: Partner

Category: OBC

E-mail: vinodkambli310@gmail.com

3 VRIL
 Introduction

Project report for NABL Chemical & Mechanical Testing Services:

National Accreditation Board for Testing and Calibration Laboratories (NABL) provides accreditation to Laboratories.
NABL is a constituent board of Quality Council of India which is an autonomous body setup under Department for Promotion
of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India.

To aid & cater Industrial requirements, NABL Laboratory tests are the most common and quickest solution to find out
about the quality of any product before it is marketed to the consumer. From household water tests to industrial chemical
testing, laboratory tests are making our day-to-day life more convenient every day. Laboratory tests are used in various
sectors including food safety, water safety, medical, environmental monitoring, etc. The data they provide to the
professionals of various sectors, helps them take decisions which come forward to us sooner or later. It also informs the
manufacturers about the quality of the raw materials or components before use.

The NABL laboratories hold so much responsibilities on their shoulders, that it is necessary to keep a proper check on
their ability and credibility to handle various types of tests. A modern framework of accrediting laboratories has come up
as the solution for keeping a check on them. To get accredited, a laboratory has to fit to the highest and most accurate
standards of service delivery. The efforts and process involved pushes the laboratories to upscale their equipment and
working to the highest internationally recognized standards of ISO/IEC 17025.

Thus, NABL Accreditation provides formal recognition of Laboratories, thus providing a ready means for customers to
find reliable testing in the field of Mechanical, Chemical testing of all ferrous & non-ferrous metals, Rubbers & plastics.
Formal recognition of competence of a Laboratory by NABL in accordance with international standard has many
advantages:

❖ Internal Recognition and Access to Global market

❖ Time and money efficient

❖ Enhanced customer confidence and satisfaction

❖ Robust Quality Management System

❖ Continual improvements

❖ Better operational control

❖ Assurance of accurate and reliable results

❖ Cost Reduction

❖ Prevent loss due to defects

4 5
VRIL
 Project Cost
Chemical Testing Scope
Sl. No Products Type of Test

Ferrous & Non-Ferrous Alloys

Mild Steel,
Chemical Analysis by
1 Stainless Steel,
Spectro Method
Cast Iron,
Tool Steel
(Flats, Rods, Tubes, Pipes, Sheets, Plates, wires, springs)
1.Specific Gravity of
2 Oils & Solvents Solvents/Liquids
2.pH
1.Ash Content
3 Plastic, Rubber 2.Density
3.Melting point
1. Moisture Content
4 Cement, Powders
2. Loss on Ignition
5 Minerals 1. Loss of Ignition

Mechanical Testing Scope

Sl. No Mechanical Testing Type of Test

Ferrous & Non-Ferrous Alloys

1. Tensile Strength
Mild Steel,
2. Vickers, Rockwell & Brinell
1 Stainless Steel
Hardness
Cast Iron
3. Bend Test
Tool Steel
(Flats, Rods, Tubes, Pipes, Sheets & Plates)
1. Tensile Strength
3 TMT rods
2. Bend & Re-Bend

1. Tensile Strength
4 Plastics & Rubbers 2. Shore A Hardness
3. Shore D Hardness
1. Spring Parameters
5 Compression Springs
2. Spring Rate

1. Load Test
6 Bolts & Nuts
2. Proof Stress

5 VRIL
 Industrial Shed Advance
Sl.no. Description Amount in Rs.
Sl.no Particulars Total
1 Industrial Shed Advance (Amount
: in Rs.)
2,00,000.00

2 1 Industrial Shed Advance Paid

Machinery : 2,00,000.00
41,38,000.00
2 Rent from Feb 2021 (23 months *20,000.00) : 4,60,000.00
3 Office Aluminum partition : 50,000.00
Total : 3,40,000.00
4 Tables, Racks & storage : 75,000.00

5 Electrification & Electricity backup : 1,20,000.00

6 Computers & Printer : 60,000.00

7 AC : 45,000.00

8 Working Capital : 4,50,000.00

TOTAL 51,38,000.00

Machinery Cost
Cost
Cost of the Equipment’s/Instruments Amount in Rs.
as per quotation

Sl.no Particulars Total

Tensile machine - 40 ton
1 : 1,65,000.00
Model - UTE 40

2 Vickers Hardness Machine - VM 50 : 1,42,000.00

3 Rockwell cum Brinell hardness machine - MRB-250 : 68,000.00

Spectrometer, Make - Hitachi,

4 : 19,00,000.00
Model - FOUNDRYMASTER SMART
5 Belt Polishing Machine : 15,000.00

6 Hardness Test blocks : 98,000.00

7 CRM for Spectrometer : 9,50,000.00

8 Metallurgical microscope : 4,00,000.00

9 Impact Machine : 2,00,000.00

10 Salt Spray Machine : 2,00,000.00

Total : 41,38,000.00

6 VRIL
 Projected Annual Sales/Revenue for year 2022-23
Yr

Equipment’s & Office Accessories Purchased

Cost of the Equipment’s/Instruments Total
as per quotation (Amount in Rs.)

Sl.no Particulars Total Purchase

Status
1 Tensile machine - 40 ton : 1,65,200.00 Purchased
Model - UTE 40
2 Vickers Hardness Machine - VM 50 : 1,42,000.00 Purchased
3 Rockwell cum Brinell hardness machine - MRB- : 68,000.00 Purchased
250
4 Belt Polishing Machine : 15,000.00 Purchased
5 Racks & Working Tables : 28,000.00 Purchased
6 PC – 3 no.’s, Printer – 1 no. : 62,000.00 Purchased
7 Aluminum Partition : 50,000.00 Purchased
8 Electrical Work : 20,000.00 Purchased
9 Stand for machines : 13,000.00 Purchased
Spectrometer, Make - Hitachi,
10
Model - FOUNDRYMASTER SMART
: 19,00,000.00 Purchased

Total : 24,63,200.00

Equipment’s to Purchase
Cost of the Equipment’s/Instruments Total
as per quotation (Amount in Rs.)
Sl.no Particulars Total Purchase Status
1 Impact machine : 2,00,000.00 Yet to Purchase

2 Salt Spray : 2,00,000.00 Yet to Purchase

3 CRM for Spectrometer : 9,50,000.0 Yet to Purchase

Total : 13,50,000.00

7 VRIL
 Rate/per
Sl. No Item Quantity/month Months Unit Total in Rs.
sample

Mechanical Tensile
1 400 x 200 x 12 Samples 9,60,000.00
Test

Mechanical Hardness
2 200 x 200 x 12 Samples 4,80,000.00
Test

3 Chemical test 300 x 700 x 12 Samples 25,20,000.00

4 Metallurgical Test 600 x 50 x 12 Samples 3,60,000.00

TOTAL 43,20,000.00

50,97,600.00
With 18% Tax

Projected Total Annual Expenses for year 2022-23

Sl.no. Description Amount in Rs.

Salary
1 9,00,000.00
(6 employees – 2 Engineers, 2 chemist, 1 Technician, 1 Housekeeping)

2 Repairs and maintenance charges 1,00,000.00

3 Electricity & Water charges 40,000.00

4 Marketing & advertising cost 60,000.00

5 Miscellaneous 50,000.00

6 Subcontract Work 60,000.00

7 Rent 2,40,000.00

Total 14,50,000.00

8 VRIL
 Conclusion

The project as a whole describes the scope and viability of the NABL Testing Services and mainly
of the financial, technical and its market potential. The project guarantee sufficient fund to repay
the loan and also give a good return on capital investment. When analyzing the social- economic
impact, this project is able to generate an employment of 6 and above. It will cater the demand of
Industrial needs and thus helps the other business entities to increase the production and service
which provide service and support to this industry.

Thus, more cyclic employment and livelihood generation. So, in all ways, we can conclude the
project is technically and socially viable and commercially sound too.

-----------XXXXXXXX--------

VRIL
9