With the growing awareness for the sustainability, brick making business has become popular among business owners. However, if you’re new to the business world and wondering, is brick making business profitable, the short answer is “Yes.” Nobody would do it if it wasn't profitable.
When it comes to expenses, the most essential component in brick manufacture is labor cost, especially since it is getting increasingly difficult to find labor in India. The labor is strenuous and requires long hours in a dusty atmosphere. To summarize, the following are the key aspects that influence the cost of a brick manufacturing business.
Raw materials: Depending on the type of brick manufacturing skill you have, getting the proper raw materials is critical. The ratios in mixing are an important component that can directly affect the cost and, as a result, the profit margins of the brick field business.
Land Cost: A minimum of one acre of land away from city centers or residential areas is essential. A thermal power plant within a 10-kilometer radius can help you prepare for extensive and efficient brick production.
Labour Cost: Working in a dusty atmosphere for long hours is labor intensive, thus providing the correct incentives and engaging good labourers can be a big impact in the cost of building bricks.
Machinery Cost: This is the most expensive aspect of the business. It is also critical to have a strong maintenance contract in place because these equipment require fine-tuning. For the first time, entrepreneurs have been investing in cost-effective and productive rotary type hydraulic machinery.
Scope of the Brick Making Business
Brick making business owners earn an average of INR 1 for each brick being manufactured. As previously said, huge brick production kilns produce 30,000-40,000 bricks every day. Bricks are in high demand due to their high quality ratio of raw materials. With the improvement of technology and the greater usage of bricks in construction, profit margins have risen over the last few decades, with bricks now selling for INR 8-9 per piece.
Manufacturers of brick fields will need to constantly rethink their processes so that they can produce large quantities of brick for construction without damaging the environment. The brick field industry is one of India's largest consumers of coal. In the future, brick manufacturing companies will need to work on methods to improve and develop sustainable alternatives to red clay bricks and cement bricks that emit chemical emissions.
Also Read : Best Brick making machine sellers in India
Profit or Loss?
India accounts for 13% of Asia's annual brick production of 1300 billion bricks. For everyone interested in going into the brick production sector, there is a basic level of admission. It is quite simple to enter this market, regardless of how competitive it is, if you have a decent business idea and a viable brick manufacturing business plan.
Brick manufacturing is one of the best business ideas because it does not necessitate much marketing, as do other firms. It must generate high-quality bricks that can withstand temperature fluctuations, abrasions, and all types of weather. It should use high-quality raw materials in the proper proportions to make high-quality, long-lasting bricks. The market is always open to good quality bricks, and they will always be in high demand.
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