How to Start Socks Making Manufacturing Business

Socks Making Manufacturing Business: Socks are widely used hosiery items in India. Men, women, kids, and even infants use socks for protection purposes. Sometimes specialty socks are used by athletes and sportsmen. Socks are also protecting apparel in some industry operations for their workers.

Generally, socks come in a wide variety of designs, patterns, colours, and sizes. Socks of various types and designs can be produced by using cotton yarn, acrylic yarn, polyester yarn, and nylon yarn of different counts, qualities, and shades.

There are varieties of socks available for ladies like nylon socks, trouser socks, slouch socks, knee-high socks, toe socks, etc.

Broadly, socks are made with two different fibres. One is cotton and another is nylon. Sometimes woolen socks are also used to protect the skin from the cold. Socks making is a profitable business in the knitted garment industry. Any individual can start this business on a medium and large-scale basis.

Related: Best Small Manufacturing Business Ideas

13 Steps to Start Socks Manufacturing Business

1. Market Research

Begin with thorough market research. Identify your target market, understand their preferences, and assess the demand for various types of socks, such as athletic, casual, or specialized socks.

2. Business Plan

Develop a comprehensive business plan that outlines your business goals, target market, competition analysis, pricing strategy, marketing plan, and financial projections. A well-structured plan will be your roadmap for success.

3. Legal Requirements

You must obtain different registrations and licenses to start socks making business. First of all, you must check your state’s law. Here, we have listed some of the basic requirements.

1. Obtain Trade License from the local authority.
2. Apply for MSME Udyog Aadhaar registration
3. Protect your brand name with Trademark registration
4. Apply for GST Registration.
5. Obtain BSI certification. The Bureau of Indian Standards has specified the following Indian standards for knitted socks. Cotton socks– IS 3329:1973 and Nylon socks– IS 5084:1990
6. If you want to start exporting then, apply for an IEC Number.

Related: Small Business Registration in India

4. Manufacturing Location

Choose a factory location that has a good infrastructure facility. The location should be spacious enough to accommodate the machinery, raw materials, and the workforce. Ensure the facility is well-ventilated and has proper electrical connections.
Additionally, you will need to have 62 HP of power to run this unit. For the interruption-free running of the unit, you can install a generator set as a stand-by arrangement. Additionally, you will need to arrange the water supply alike any textile industry.

5. Socks Making Machinery

Some of the basic required machinery you need to buy are as follows:

• Automatic power socks knitting machine for the production of 3 colour jacquard socks with horizontal stripes plating system colour by colour motif and mesh with colour modes.
• Automatic power socks knitting machine for the production of terry socks with 2 colour motifs and horizontal stripes and broad rib elastic top up to 23 steps
• Overlock machine
• Rotor cabinet socks setting machine with built-in boiler and 36 frames
• Garment washing machine
• Hydroextractor
• Dryer tumbler
• Washroom trolleys
• Steam press

Related: Things To Consider Before Purchasing Machine & Equipment

6. Raw Materials

You must source quality raw materials from reputed suppliers. It includes yarn, dyes, elastic bands,  and detergent for washing and packaging consumables. Establish relationships with reliable suppliers to ensure a steady supply of materials.

7. Socks Making Manufacturing Process

Initially, decide the size and design of the socks to be knitted. And accordingly, select the machines and set them.

After setting the machine with the required design and size, load the predetermined colour yarns on the bobbin stands in the creel assembly of the machine. And feed them into the knitting elements of the machine.

At the beginning stage, do the knitting with the elastic portion. And here you must use elastic yarn. Knit the leg portion followed by the heel and foot portion ending up with the toe portion of the socks. Then, close the toe portion of the socks by stitching on the overlock machine.

Then the socks go for washing in the socks washing machine containing a mild detergent.

After washing, charge the socks into a hydroextractor to remove excess water and dry them in a dryer tumbler.

Visual examination is done to remove any faults and finally ironed to remove wrinkles and also to provide proper shape. Reverse the socks and pair them manually by attaching pins at different places. Then pack the socks in polythene bags.

Now the socks are ready to go for the market. Apart from offline distribution, socks making business can generate revenue from online marketplaces.

8. Skilled Workforce

Hire skilled operators who can operate the knitting and sewing machines. Training programs may be necessary to ensure they can produce high-quality socks.

9. Design and Prototyping

Create sock designs that cater to your target market. Develop prototypes to test the designs and ensure they meet quality and comfort standards.

10. Quality Control

Implement a rigorous quality control process at every stage of production, from selecting raw materials to the final packaging. High-quality socks are crucial for building a positive reputation.

11. Costing and Pricing

Calculate the cost of production, including raw materials, labour, overhead, and any other expenses. Set competitive prices based on your cost structure while ensuring profitability.

Read: Most Profitable Mechanical Engineering Business

12. Branding and Packaging

Design a brand identity and packaging that appeals to your target audience. High-quality packaging adds value to your products.

13. Marketing and Distribution

Develop a marketing strategy that includes online and offline methods to promote your socks. Consider selling through your website, e-commerce platforms, or local retailers.

Frequently Asked Questions

Is Sock Making Manufacturing Business Profitable?

In recent years with the advent of luxury socks and socks for a specific application, socks have transformed from commodity items to fashion pieces.

Owing to the transformation of this traditional item into a luxury product, the growth of the socks market outpaces the overall growth of the apparel industry.

Almost 70% of men use socks every day. Hence, the robust growth of the men’s apparel industry is expected to be the major driver of the socks industry in the coming days. Athletic socks are the largest product segment in the socks market.

The primary driver for the athletic socks market is its diversified application. Athletic socks are mainly used for sports and gym purposes. However, they are also popular as casual wear with informal footwear.

The growth of the socks market is attributed to the rapid expansion of the retail network in developing economies primarily China, Brazil, and India.

Increasing population and disposable income in these regions further drive the retail sector, which in turn is increasing the demand for socks. Asia-Pacific accounted for the largest market share for socks. Hence, we can conclude, that starting socks socks-making business is a profitable venture for entrepreneurs.

How much capital is required to start a socks manufacturing business?

The capital needed depends on the scale of your operations, machinery selection, and facility size. A small-scale venture may require around Rs. 5 to 10 Lacs, while a larger operation may need more than Rs. 25 Lacs.

Do I need a background in textiles to start a socks manufacturing business?

While a background in textiles can be advantageous, it’s not mandatory. Hiring experienced professionals and conducting thorough research on the industry can compensate for any lack of direct experience.

Where can I find suppliers for raw materials?

Research and connect with reputable suppliers through textile trade shows, online directories, or industry associations. Establish relationships with suppliers who can provide consistent and quality materials.

What types of socks are most profitable to manufacture?

Profitability depends on market demand. Everyday socks, sports socks, and speciality socks (e.g., compression socks) are popular. Analyze market trends and consumer preferences to identify profitable niches.

How do I ensure the quality of my socks?

Implement a robust quality control process. Conduct regular inspections during manufacturing, perform tests on raw materials, and check finished products for defects. Consistency in quality is crucial for customer satisfaction.

Is it better to sell directly or through retailers?

The choice depends on your business strategy. Selling directly through e-commerce platforms or your store allows for higher profit margins, while selling through retailers may provide wider market reach.

What certifications are required for sock manufacturing?

Certifications may vary by location, but common ones include ISO certifications for quality management and compliance with local safety standards. Check with local authorities and industry bodies for specific requirements.

How can I differentiate my sock brand in a competitive market?

Focus on unique designs, high-quality materials, and comfort. Consider sustainable practices or speciality niches to set your brand apart. Effective branding and marketing strategies also contribute to differentiation.

Can I start a socks manufacturing business from home?

It is indeed challenging to run a manufacturing business from home due to space and machinery requirements. A dedicated facility is recommended to accommodate production equipment and ensure efficient operations.

What are the common challenges in the sock manufacturing industry?

Challenges may include fluctuating raw material prices, quality control issues, and competition. Staying updated on industry trends, maintaining flexibility, and adapting to market changes can help overcome challenges.