The nut and bolt manufacturing business has gained popularity due to the rapid Industrialization and introduction of the Capital Intensive Techniques in the Industries that are used as the Industrial fasteners to connect various machines and structures.
The nut is used as a fastener consisting of a threaded hole used in concomitance with the mating bolt to fasten together multiple parts. While a bolt is described as a threaded fastener that consists of an external male threads that needs a female thread like a nut. Both nut and bolt when used in concomitance, place two objects together and in use. Nut and bolt are complementary to each other having different uses but they are used together in manufacturing the finished products, manufacturing of furniture, and are essential for making the final products that can be used for consumption.
The Nut and bolt making business is a highly shivering industry in the Global market consisting of huge players like the USA, China, Germany, India, and Japan that are contributing greatly to the production and marketing of the nut and bolt making business. With the expansion of the nut and bolt making business globally, the nut and bolt market is expected to rise by $7706 Billion by the year 2023.
With the evolution of the automobile industry, the demand for the nut and bolt is also expected to rise at a rapid rate by the Developed economies. Not only the Automobile Industry, the manufacturing, and construction business has emerged as a huge market base for the demand of the nut and bolt all across the world. India, on the other hand, is geared up to take advantage of this booming opportunity by expanding and encouraging the nut and bolt Making Business in India.
The commercial potential of Nuts And Bolts
Bolts and nuts are important items in the manufacturing industry, just like nuts and bolts are used for household purposes, so the market demand for nuts and bolts is high, so you don’t need to worry about the market potential. The company manufactures business.
The demand for the nut and bolts is influenced by the following factors
- Transportation industries
- Electrical industries
- Construction industries
- Agriculture equipment
Due to use of various MS (mild steel) and HT (high tensile) fasteners in above industries, the demand for the nut and bolts is consistently in the market, therefore if you are planning to start the fastener manufacturing business then it is a profitable business option.
Registrations & Licenses Required for Nut Bolt Manufacturing Business in India
You can set up a small and medium nut and bolt company as a private company or partnership.
If you start this fastening business as a sole proprietorship, you need to register your business as the owner.
To operate a business, you must register as a limited liability company (LLP) or Pvt. Limited company. At the Registry of Commerce (ROC).
Registering for GST allows you to obtain a GST number that all businesses must have.
Obtain a tread license from the local government.
The screw and nut industry will cause pollution; therefore, you need to obtain a pollution control certificate.
Fastener manufacturing is a machinery-based industry. Registering your business at the MSME / SSI Registry can provide you with government subsidies and benefits.
You can protect your nut and bolt trademarks by registering trademarks.
The space (location) required to start a nut business
When starting a business, choosing the right location and area is an important factor, which will indirectly affect the growth and success of your business.
In order to ensure that raw material suppliers and target markets can enter the site, when setting up the business area, it must also be ensured that the site has facilities such as water, sewage, and electricity.
Industrial production of nuts and bolts can start from at least 800 square feet, but you must be in an industrial area or try to avoid residential areas, because some state governments do not allow you to start fastener manufacturing in residential areas. area.
Before finding a location for your nut and bolt business, please read the rules and regulations of your state government.
Raw Materials for Manufacturing Nuts Bolts
The main raw material for nut manufacturing is hexagonal rods of defined size and for manufacturing of bolt major raw material is MS round apart from these you need to buy packaging materials.
The quality metal is used in order to avoid cracking therefore while purchasing the raw material make sure that raw material must be of good quality.
The Nut is generally made up of tough metal
- Carbon steel
- Stainless steel
- Nickel alloys
- Aluminum alloy
Nut and bolt which are made up of the steel metal are coated with the zinc, cadmium, nickel, or chromium for protecting purpose.
List of Machinery used in Nut Bolt Manufacturing
Machinery is another important factor that effects on the production of the product and indirectly affects the success of your business
There are different types of machinery are available in the market you have to choose the right machinery according to the investment and production demand for your fastener manufacturing industry.
If you don’t know how to handle the machines then ask the machinery supplier for the onsite training.
The machinery required for the nut and bolt manufacturing business is as follow
List of machinery required for nut and bolt manufacturing business.
- Double stroke solid die cold head forging machine
- Head trimming machine
- Thread rolling machine
- Bull block wire drawing machine
- Straightening machine
- Power press
- Planting tank
- Steel polishing barrel with an electric motor
- Automatic nut forming plant
- Nut tapping machine
- Wire pointing machine
- Weighing scale
The nut and bolt business requires the manpower together with the proper training of the machine usage, how to handle the equipment, and training how to handle them with proper care and precautions.
Following are the manpower that is required to start a nut and bolt manufacturing business-
- Three Unskilled Labors
- 2 Semi-Skilled Labors
- 6 Skilled Labors
- One Accountant For Handling The Accounts Department
- One Production Manager
Variants to keep in mind before starting a Nut and Bolt Manufacturing Business
Before establishing your nut and bolt manufacturing business, the person must keep the following variants in mind and make a business plan for the growth and expansion of his Business-
One Must Analyze Why Customers Should Buy Or Use Their Products. Whether Their Products Are Affordable Or Not And Many Other Factors That Affect The Value Proposition Of His Nut And Bolt Manufacturing Business.
The Customers Must Be Targeted To Increase The Demand Of The Nut And Bolt Manufacturing Business. Following Are The Targets To Be Set;
- The Electrical Industry
- The Transportation Industry
- The Automobiles Industry
- The Construction Industry
- Households, Domestic, And Garages
- Furniture Making And The Wood Industry
- The Metal Industry
- The Steel Fabricating Industry
With The Vast Market Demand Of The Nut And Bolt, One Must Always Review His Competition To Cater To The Prevalent Market Needs And Requirements.
Making A Proper Marketing Strategy Is One Of The Most Important Steps To Start A Nut And Bolt Manufacturing Business In India. Various Measures Must Be Taken To Promote Sales And Increase The Long-Term Contracts From Various Leading Industries.
Investment and Profit Margin
Before starting a nut and bolt manufacturing business, a person must make sure that he arranges a Fixed Capital Investment of Rupees 20 lakh and a Working Capital Investment of Rupees 5 Lakh. The Investment required for starting a business can also be availed by the banks through loans or our Organization Aatmnirbhar Sena.
The Aatmnirbhar Sena is also providing financial assistance to the budding and young entrepreneurs who are willing to establish their nut and bolt manufacturing business and helping the Indian Government in making India Self-reliant.
The net profit that can be obtained from starting the nut and bolt making business is about Rupees 7 lakh per year while the investment return on the business is more than 21 percent.
One of the major reasons for the expansion of this form of Business is the versatile nature of the nuts and bolts as they are the intermediary products that to a greater extent ensure their applications in almost every industry in India.
Nuts Bolt Manufacturing Process
Step1 Cold heading
1. Straightening of wire:
Wire is fed from the mechanical coil through straightening machine
2. Cutting of wire:
The straight wire goes through the machine that cut the wire into the required size and dies cut the head of the screw into a predefined shape.
3. Creating screw blank:
The heading machine create screw head which consist of open or closed dies that either required one punch or two punch ( closed dies create more accurate screw bank)
The cold heading machine produces 150 to 600 screw blanks per minute
Step 2 Thread rolling
4. Thread cutting:
The screw blanks are fed into the thread cutting dies from a vibrating hopper.
The vibrating hopper guide the screw blanks down a chute to dies and make sure that the screw blank incorrect feed position
5. Blank cutting:
The screw blank is cut down using one of the following methods
Reciprocating die method: in this method, two dies are used to cut the screw thread, where one die is stationary and another is move In a reciprocating manner and screw blank is rolled between two dies
center less cylindrical die method: in this method, screw blank is rolled between two to three round dies to create the threads
planetary rotary die method: in this method, planetary rotary dies to hold the screw blank stationary and die cutting machines are rolled around the screw blank.
All of these methods produce high-quality screw.
Step 3 Packaging
6. Once nut and bolts are produce packed them into the cartoon packed box and dispatch.
Where/How to sell Nuts and Blot.
Nut and bold is the product for which you can’t use regular branding and promoting strategies.
You need to contact with the industry and retailers who will purchase your fastener and will help you to introduce your fastener brand to other clients
Local market (Retail market, Garages)
You can sell your nut and bolt product to your local retailer market.
Wholesale market for Nuts Bolts
You can sell your nut and bolt product to the wholesale market in bulb amount.
Online market for Nuts Bolts
Register your business on B2B websites like
Etc. you can sell your product on bulk orders.
Register your business on B2C websites like
etc. where you can sell your product directly to the customer.
Brand and Uniqueness
You cannot use the branding strategies and promotions that are used for other products because fastener is the product that sold on the basis of the quality of the product, therefore, make sure that you are producing the high-quality fastener.
When you are selling the fasteners to the client ask them for other contacts where you can sell your nut and bolt product.
Try to expand your client base using your recent customers.
If they like your product they definitely help you to sell out more by simply telling other people about your product.