Small Business Idea: The situation in the country is continuously deteriorating due to pollution. The central government has also banned plastic. In such a situation, you can start the business of disposable paper cups. Let us tell you that the demand for paper cups is very high these days.
New Delhi: Small Business Idea: The central government has banned plastic amidst the deteriorating situation due to pollution. In such a situation, if you also want to do a profitable business, then this is a great opportunity for you. You can start the business of disposable paper cups.
These days the demand for paper cups is very high. You can start this business at low cost and earn more profit. To start this business, the government is also helping you under the Mudra scheme. So let’s know about this wonderful business.
Government gives subsidy
It is worth noting that the Mudra loan of the Central Government also helps in this business. Under Mudra loan, the government gives subsidy on interest. Under this scheme, you will have to invest 25% of the total project cost on your own. The government will give 75 percent loan under the Mudra scheme.
What things will be needed?
For this, you will need a machine, which is especially available in many cities including Delhi, Hyderabad, Agra and Ahmedabad. Companies doing engineering work to prepare such machines.
Now let’s talk about the area. For doing this business you will need 500 square feet area. For machinery, equipment, equipment and furniture, dye, electrification, installation and pre-operative, up to Rs 10.70 lakh can be charged. If you keep both skilled and unskilled workers here, then you will spend about Rs 35000 per month on this.
How much will it cost?
If you look at the expenses of this business, then up to Rs 3.75 lakh will be spent on its material. At the same time, up to Rs 6000 can be spent on its utilities. Apart from this, other expenses can be taken up to about Rs 20,500.
How much profit will you get?
If you also want to start this business, then know that if you work for 300 days in a year, then in so many days you can prepare 2.20 crore units of paper cups. Let us tell you that you can sell it in the market for about 30 paise per cup or glass. In this way it will give you bumper profits.