Abstract: - Fused Deposition Modeling (FDM) is an Additive Manufacturing technique for printing 3D objects layer by layer. The key purpose of the research is to develop a low cost 3D Printer using easily available parts and conventional methods for manufacture which can be used to print objects confined within 250 x 250 x 250 (in mm) Printing Area. Many Industries uses traditional methods for developing prototype for analysis rather than using technologies like 3D printing because it is expensive. After thorough market survey, we came to a conclusion that 3D Printers available in the Indian market are priced around Rs. 50,000 to 60,000 due to type of supporting material used. Initially we designed our 3D Printer completely in 3D Modelling Software SOLIDWORKS and analyzed each part and selected readily available material appropriately so as to develop a cost effective printer. Main objective of research is to develop a printer which is cost effective and to encourage manufacturers to adopt the method of 3D Printing. Keywords: Additive Manufacturing, Rapid Prototyping, Fused deposition modeling, STL