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How to Start Small Wires and Cables Distribution Business within Investment of Rs 2 Lakh ?

Wires and Cables Business – With increasing demand in construction and real estate market their is also increase in prices of linked supplies of construction . One of the most demanded material in this industry is Wires and cables which is used in all commercial , residential and industrial establishments . While brands like RR Kabel , Havells and Finolex wires are increasing their userbase , their is still a gap in the market related to affortable industrial , home use and commercial wirings and equipments .

Wires and cables business is one of the most untouched business category which requires investment in amphere and electric connections to start wiring business . In this article , we shall be discussing more about how you can start your own wires and cables business setting up your own shop by taking wires and cables stock from wholesale markets of Delhi.

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How to choose which cables and wires to sell ?

There is a demand for all types of Wires and cables domestic, commercial and industrial. For a person to start a business under Rs 2 lakh or Rs 5 lakh targeting a domestic consumer base is the easiest option to start with. The basic household wires used in wiring of basic plugs and wirings in a house can be bought to business.

Also , there are great profit margins in selling wires and cables used for domestic wiring of the houses. Local retailers and wholesalers also look for suppliers which can provide them domestic wires of both branded and unbranded quality.

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Benefits to start Wires and Cables Distribution Business 

Wires and cables business is evergreen and profits are always increasing as once stock is maintained the price of the old stock increases with increase in inflation . The benefits of starting a wires and cables business is the ever demand of the products where if you have procured material of brands and even non branded wires , you get good sales .

Investment in Wires and cables business is also less as you can start this business within investment of as low as Rs 2 lakh or Rs 5 lakh .

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Companies to buy Wires and Cables Stock 

To start business in Wires and Cables , you can begin with the following companies :

  1. RR Kabel Wires
  2. Havells Wires
  3. Finolex Wires
  4. Plaza Wires
  5. Orient Wires

Wholesale Market in Delhi for Wires and Cables Business Start

Bulk stock for consumer wires and cables can be bought from wholesale market where it is available at very low prices and there is no need to buy from company directly for a higher quantity proposal. Delhi electric supply wholesale market is located at Lajpat rai market near Old delhi railway station .

Within shops of Wholesale market in Delhi for WIRES and Cables in Lajpat rai you can buy stock of wires and cables to start your business and to receive the basic knowledge of this business.

Profit in Wires and Cables Distribution Price

On an average profit in the wires and cables business can be earned to as high as 200% in a non branded wire sales while in branded wires you can earn decent profit of 30 TO 40% of the MRP.

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List Price Discount and GST on Wires and Cables Business

If you start business by taking stock directly from the company list then you must ask the salesman of the company for the highest discount on list price . It is better to compare list pricing of non-branding wires with the branded company wires price list before buying the stock .

Hope , now you get to know how you can start wires and cables business within low investment to cater to needs of consumers in the retail segment.a

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