Business Ideas: Start this profitable business, earn more than ₹ 1 lakh every month, know full details. Zee Business

Business Ideas: At present, the demand for packaging of products used in everyday use has increased. Due to the increasing trend of online shopping, there has been a boom in the packaging industry. Along with this, the increase in export of Indian products has also helped it. Special packaging is required for the delivery of food, beverages, FMCG products. Fragile items require a special type of packaging for delivery. It is packed in bubble sheet. In such bubble packing paper Starting the business of Bubble Packing Papers can be beneficial.

Bubble Packing Papers are specially molded industrial papers used in packaging and transportation for food consumables and fruits such as eggs, oranges, apples, grapes and litchis. This versatile packing is made to suit any product and is extensively used in export packing.

How much will the business of Bubble Packing Paper start?

Khadi and Village Industries Commission (KVIC) has prepared a report on bubble packing paper manufacturing business. According to this, starting the business of bubble packing paper will cost Rs 15.05 lakh. In this, Rs 160,000 will be spent on construction of 800 square feet workshed, Rs 645,000 on equipment. The total expenditure will be Rs.805,000. Apart from this, Rs 700,000 will be needed for working capital. The total project cost was Rs.1,505,000. Means 15 lakh rupees will be needed to start and run the business.

read this also- Good news for farmers! Government is ready to change the Pradhan Mantri Fasal Bima Yojana, know the benefits of the scheme

government will help

If you do not have the money to start a business, then you can take a loan from the Pradhan Mantri Mudra Yojana (PM Mudra Yojana). Under this scheme, the government gives loans up to Rs 10 lakh to those who start their business.

earn 1 lakh rupees every month

According to the report prepared by KVIC on bubble packing paper manufacturing business, this business can earn Rs 1,142,000 annually. According to the project report, this business can produce 1280000 quintals of bubble packing paper annually and its total value will be Rs 4685700. Projected sales is Rs.599000 while gross surplus will be Rs.1214300. According to the report, the net surplus can be Rs.1142000.

According to KVIC, these figures are indicative and may vary from place to place. If the investment on the building is transferred to the rental, then the project cost will be reduced and the profit will be increased.

read this also- Business Ideas: Start this business in 8.70 lakhs, earn 40 thousand every month, government will help

Watch Zee Business Hindi Live TV here

Related Articles

Back to top button