The business of readymade garments is increasing day by day due to changes of fashions in human life. In the RMg sector Jean pants are showing good growth in local and export market. There are a number of branded Readymade garments manufacturing Units in Uganda. These days several companies are into the business of making jeans pants and also supplementary items like buttons and zips.
The production Capacity projects at least at 312,000 Garments per annum will be produced.
The manufacturing process depends on skills of the workers. Required cloth to be cut into required sizes and design as per the measurements of the latest designs. Then the required lining, button stitching and zip are added to the semi-finished fabric and finished garments are ready for packing and marketing.
Scale of Investment, Capital Investment Requirements
The total project investment cost of the project is estimated at USD 1,191 for the first year of project operation generating a revenue potential of USD 4,680,000.
Market Analysis & Projected Demand
The demand for RMg is increasing at around 18-20 % annually in the country. The popularity of jean pants is good among youths and fashion conscious public. The domestic market and the export market are growing rapidly and the unit for manufacturing can be run quite successfully if they can tap the market.
Capital Investment Requirements in US$
Operating Costs in US$
|Capital Investment Item||Units||Qty||@$||Amount $|
Project Product Costs & Price Structure General Costs (Over heads)
|Item||Units||@||Qty/ day||Prod. Cost/ day||Prod. Cost/ month||Prod. Cost/ Year|
|Utilities (Power & Water)||1,000||12,000|
|Sub – total||2,325||27,898|
|Total Operating Costs||352,025||4,224,298|
Project Product Costs & Price Structure
|Item||Qty/ day||Qty/yr||@||Pdn Cost/ yr$||UPx||T/rev|
|Profitability Item||Per day||Per Month||Per Year|
|Less: Production & Operating Costs||13,450||352,025||4,224,298|
Sources of Supply of Raw Materials
The Raw materials can be sourced locally from Knitting Industries such as: Picfare, Phoenix or could be imported from Italy and German.
Government Facilities and Incentives Available
The Government is willing to support Industrialization as its initiative for Development. There are incentives to industrialists in form of: Tax exemptions, Land, Basic infrastructure, Protectionism, Grants and long term Loans at relatively low interest rates and liberalized market.