You will get loan easily for papad business.
You don’t need a huge space or too many people for this.
You have to invest only Rs 2 lakh by yourself.
New Delhi. In the time of Kovid-19, people realized the uncertainty of their jobs. Due to the closure of the source of income, he had to face many problems. To avoid this uncertainty, people turned to many small businesses and made good money. One such small business is the business of papad. You can start it easily at low cost. Indian people are fond of food and drink and papad is very much liked especially in homes.
In such a situation, its demand remains for years and years. With this low cost, you can make huge profits. The National Small Industries Corporation (NSIC) of the Government of India has also prepared a project for this. For the business of papad, you also get a loan from the government at a cheap rate. Today we will give you all the information about this business.
How much will be the investment?
The initial investment in the papad business will be Rs 6 lakh, which will create a production capacity of 30,000 kg. For this capacity, you will need only 250 sqm of space. Explain that this expense includes both your fixed capital and working capital. Your machines and other equipment will come in fixed capital investment. At the same time, working capital includes 3 months salary, raw material for the same number of days and utility product expenses. Also, if you are renting the place, then the bill of rent, electricity and water etc. will also be included in it.
what is needed
If you want to start papad business then you will need 3 labor (may be unskilled also), 2 skilled labor and a supervisor apart from the vacant space. As we mentioned in the beginning, you can get a loan for this. Under the Mudra scheme of the Center, you will get a loan of Rs 4 lakh and you will have to invest only Rs 2 lakh from yourself. You will get this loan from any bank and it can be returned for 5 years.
how much will be the income
You can prepare papad and sell it in the wholesale market. Otherwise you can also supply it in open to retail shopkeepers, supermarkets etc. According to experts, by investing 6 lakhs, you can earn 1 lakh rupees every month. If expenses are removed in this, then you can get a net profit of 35-40 thousand every month.
FIRST PUBLISHED : July 30, 2022, 11:26 IST