highlights
Oil is used in the kitchen of every home.
Demand for oil remains in the market all year round.
There will never be a recession in the oil mill business.
New Delhi. If you are looking for a low cost, highly profitable business, then we have come up with a better idea for you. You can easily make 25 to 30 percent profit through this business. Here we are talking about the oil mill business. You can start this business wherever there is space available in the village or in the city.
Oil is used to fulfill many needs, from cooking to making medicines. The role of oil is important in cooking. In such a situation, the demand for all types of oil on the market remains constant throughout the year. If you start the oil mill business, there will never be a recession in this business. Let us know how to start it.
Also read this – Business idea: start cultivating this plant and keep counting notes for 30 years!
How do I start a business?
To start the oil mill business, you must first choose a suitable place. If you build an oil mill in the village, your cost here will be much less than in the city. Here you get the raw material on site while the labor is also available at a lower price. For this you need raw materials, machines, plastic bottles, tin cans, etc. To extract oil, you can buy a machine that runs on electricity or diesel, depending on your needs.
How much will it cost?
If you start an oil mill with a small level, you need to invest at least 2 to 3 lakh rupees in it. Most of it is spent on machines. You can set up the mill according to your region and market. On the other hand, if you wish to register your company, you can apply online on the MSME website. Although this is a food and beverage related business, it would be better if you only start it after first getting license for it from FSSAI.
This is how the business can be expanded
To promote your oil mill business, you can market it in the local market. After that, expand your business by gradually expanding it in the surrounding villages and towns. By improving the packaging of oil, you can also do branding. In addition, the shops that sell the oil from your mill can also be advertised with posters.
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Tags: business ideas, business news, Business news in hindi, cooking oil, cooking oil price, how to make money, How to start a business, Money making tips, mustard oil, oil
FIRST RELEASED : January 31, 2023 at 8:30 am IST
