Only a few days left for the festival of color and happiness ‘Holi’, one of the major Hindu festivals. People eagerly wait for this day and prepare many items including sweets, papad, and chips in their homes.
However, you can change this festival into a great opportunity for starting a profitable business from your home. At such a time, you can earn a good income by starting a papad business.
Let’s know how you can start this business and how much money it will cost:
You can start this business by applying 10 thousand to 2 lakh rupees. You might be surprised to know that Papad Making Business can be done for just 2 Lakh Rupees. The National Small Industries Corporation (NSIC) has prepared a project report for this, through which you will get a loan of Rs.4 Lakh at a cheaper rate under the Mudra Scheme.
According to this report, with a total investment of Rs.6 lakh, a production capacity of about 30 thousand kg will be created. It will cost you 6.05 Lakhs to start this business. The total expenditure includes fixed capital and working capital.
How Much Space will be Required for Papad Making Business?
Let us tell you that at least 250 square feet of space will be needed for the business of making papad. If you do not have that much space, then you can also take land on rent.
Which Machines are Required for This Business?
To start the papad-making business, you will need machinery like Swifter, two mixers, platform balance, electrically operated oven, a marble tabletop, Chakla cylinder, aluminum utensils, and racks.
Where Can You Sell A Product?
Once the product is ready, you can sell it both online and offline. Offline you can sell it to wholesalers and retail merchants. Apart from this, you can contact the supermarket and big retailers.
