An inverter is an electric device that changes direct current (DC) to alternating current (AC). This conversion may be accomplished by electromechanical means namely motor, Generator sets are entirely by electronics means.Any Individual having interest on electrical and electronics product manufacturing sector can initiate inverter manufacturing business. This manufacturing operation doesn’t demand a lot of space. Assembling process is also simple. Inverters find applications where emergency standby power is required and / or there is no AC power available. The inverter in generally used with various sophisticated electronic and mechanical equipment that require continuous and un-fluctuating power supply for effective functioning.
Market Potential For Inverter Manufacturing Business
The electrical power production in our country is much less than the demand. Through government is making efforts to bridge the gap between demand and supply by inviting private sector participation, the condition is expected to continue as demand is growing at a much further pace. Railway, telecom, computer institute, Post Office, Bank, ATM counter, Medical equipment are the major commercial sector that use the inverter for standby power supply.
The Inverters and UPS market in India have witnessed a growth in recent years on account of rising demand fueled by the demand and supply gap in electric power supply, expansion of industries and rising income levels of consumers. The market is highly fragmented in India; however it is dominated by large organized players. Small scale players are also doing very good in this market. The usage of ups is the household sector where PCS are installed is also increasing. The Indian inverter market will reach Rs.3.88 lakh crore ($71 billion) by 2020, according to a report by Yole Developpement. Thus, inverter manufacturing is a profitable and viable investment opportunity for small business entrepreneurs.
Inverter Manufacturing Business License & Registration
In starting inverter manufacturing business, you will need to obtain following registrations and licenses from Govt. Authority.
- Business registration with ROC
- Trade License from municipal Authority
- VAT Registration
- MSME Udyog Aadhaar Registration
- Trademark Registration
- ‘Consent to Establish’ and ‘consent to Operate’ from Pollution Control Board.
- Factory license for medium and large scale factory operation.
Inverter Manufacturing Machine & Raw Material
- Coil winding machine
- Frequency counter
- LCR Bridge (Digital) Ind
- Ocilla scope dual trace (10 MHz)
- DC regulated power supply (30V, 2 Amp)
- Digital Voltage (4½ digits)
- Winding Machine
- Flow soldering machine
- Surface mounting equipment
- Line frequency Monitor
- True RMS meter (4 digits)
- Dummer Stat (4amps & 8 Amps)
- Panel Meters
- HV. Tester
- Electric Drill (½”) (Pillar Type)
- Testing equipment, Power analyzer
- CAD/CAM computer for PCB design
In starting inverter manufacturing unit, you will need to procure following raw materials:
- Heat Sink
- Auto Wires
- Wire & Sleeves
- Fuse Holder
- Mains Lead
- Copper Wire
- Sleeves Plastic Formers
- Impregnation Compound
- Ktheriod + Prespam Paper
- Hardware fittings
Inverter Manufacturing Process
Special transformers needed for such product are procured from outside as per the given specifications. The critical components, which go to make up the products, are tested to ensure that they meet the required specifications. The components are fixed and solder on printed circuit board (PCB) according to the design. Controls and sockets are assembled individually. The PCB transformers etc. are mounted on the chassis and all the inter connections made. The waveforms at various checkpoints, output voltage and power are checked adjustments are made so that the products meet the desire performance specifications. On completion of testing the instrument is kept for soaking the specific time period to ensure its quality and reliability.
Raw material procurement → Inspection of components → Sub-assembly → Wiring → Checking of finished products → Testing → Packing