Business idea: You make money from children’s stubbornness, start this business with less effort, there will be huge profits

New Delhi. There are many such ways to start a new business in the market that can bring big profits, but most of the people are not aware of such a business. If you also want to start a new business, we have developed such an idea for you, which works with a full guarantee of success. Actually, we’re talking about the toy business here. We can see toys everywhere in the market. At the same time, children begin to insist on taking them away when they see them.

We tell you that the demand for toys is the same across the country. In addition, the toy industry is also subsidized by the state. In such a situation, you too can earn good money in this sector by starting this business.

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Now India does not export or import
Something good has happened in the toy market in recent years. About 85 percent of the toys sold in the country used to be imported. At the same time, this trend has changed and turned on its head. Now children from countries like America, Europe, Japan, New Zealand and Australia are playing with Indian toys. Toy imports in the country have fallen by 70 percent over the past three years. At the same time, exports have risen by a record 60 percent. In fiscal year 2018/19, India imported $371 million worth of toys. In the fiscal year 2021/22 it reduced to 110 million US dollars.

How do I start a business?
It’s not right to take a huge financial risk when starting a business. Therefore, you should start the company small at the beginning. Then you can gradually increase it. If you want to get involved with toys, you can easily start making stuffed animals and teddy bears from the comfort of your own home. You don’t even have to invest a lot of money in this business. You can also start it by investing as little as 40,000 rupees.

How much profit is made?
If you start making small scale stuffed animals and teddies, you need to invest at least 35,000 to 40,000 rupees. It can easily produce 100 units of stuffed animals and teddies from raw materials worth about 15,000 rupees. On the other hand, you can easily earn up to 250-400 rupees by selling a stuffed animal or teddy bear in the market. If you sell a thousand units in a month this way, you will easily earn at least one lakh rupees.

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