Business idea: start making paper straws with very little investment, summer season is the best! there will be huge wins

New Delhi. If this summer season you are also thinking of starting a business with low cost where there is a lot of profit, then today we have a great business idea for you. You can make a lot of money by starting this business with less money. Actually, we are talking about the production of paper straws. You can also earn good every month by selling it on the local market.

Let us tell you that after single use plastic ban in India, the demand in the market is very fast. Due to the increasing demand for paper straw in the market, its production becomes big business. Straw is in demand from small juice companies to large dairy companies. In such a situation, making paper straws can be a great option for you. You can earn hundreds of rupees through this business.

Also read this – Rajnigandha flower will make you rich, start this business with very little investment

You must do this first
Khadi and Village Industries Commission ie KVIC has prepared a project report on a paper straw unit. According to this report, before starting to manufacture paper straws, it is necessary to obtain government approval and register them. Also, this project may require GST registration, Udyog Aadhaar registration (this is optional) and brand name of the product. In addition, basic things like NOC are also required by the State Pollution Control Board. You must also apply for a business license from the local municipal authority.

A loan can be taken out from the PM Mudra loan program
According to this report by KVIC, the project cost of making paper straw is Rs 19.44 lakh. Of this, you only need to spend Rs 1.94 lakh from your pocket. You can take out a term loan for the remaining Rs 13.5 lakh. At the same time Rs 4 lakh can be funded for working capital. This business will start in 5 to 6 months. You can also take out a loan under the PM Mudra loan program to start a business.

These things are needed
Three things are required for the raw material for paper straw. It requires food-grade paper, food-grade gum powder, and packaging materials. Apart from that, you will need a paper straw making machine which costs around 90,000.

How much will the earnings be?
You can earn hundreds of rupees in this business. According to the Khadi and Village Industries Commission report, if you start producing paper straw at 75 per cent capacity, your gross revenue will be Rs. 85.67 lakh. After deducting all expenses and taxes, you will earn Rs 9.64 lakh annually. That means you can earn more than 80,000 rupees every month from this business.

Be the first to read breaking news in Hindi News18 Hindi| Read Today’s Latest News, Live News Updates, Most Reliable Hindi News Website News18 Hindi.

Keywords: Small-scale business, business from home, business ideas, business news, Business news in hindi, business opportunities, earn money, Tips for making money