Article · 15 min read
Hardware shop in India 2026: licences, margins and the BIS trap
CalcGuru · calcguru.in Free Intermediate India
An August 2026 guide to opening a hardware store: Rs 5 lakh to Rs 20 lakh to open on lender estimates, margins of 2 to 5% on cement and steel against 15 to 50% on fasteners and electricals, and the BIS Act rule that the shop commits the offence if a QCO-covered item without the ISI mark is on its shelf.
- Half to two-thirds of the opening cost is stock.
- Small items pay the rent; cement and steel only bring footfall.
- Register on Udyam before supplying contractors to use the 45-day payment rule.