New Delhi. To start this business, you can take advantage of the Modi government’s Mudra Scheme. Under this, you will get a loan of Rs 4 lakh at affordable interest rates. This business is Papad Making Business. Papad business can be started in just Rs 2 lakh. 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 cheap rate under the Mudra Scheme.
Know everything about this business
According to this report, with a total investment of Rs 6 lakh, a production capacity of about 30 thousand kg will be ready. You will have to spend Rs 6.05 lakh to start this business. The total expenditure includes fixed capital and working capital expenses.
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Fixed capital includes all expenses like two machines, packaging machine equipment. Working capital includes three months salary of staff, three months raw material and utility product expenses. Apart from this, expenses like rent, electricity, water, telephone bill are also included in this.
Need these machines
To start the business of making papad, you will need machinery like swifter, two mixers, platform balance, electrically operated oven, marble table top, chakla roll, aluminum utensils and racks.
250 square feet space required
For the business of making papad, at least 250 square feet of space will be required. If you do not have your own space then it can be rented. For which you will have to pay at least 5 thousand rupees every month. Manpower will require three unskilled labour, two skilled labor and one supervisor. The salary of all these will cost Rs 25,000, which is added to the working capital.
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Will have to invest Rs 2 lakh by myself
Out of the total capital of Rs 6 lakh, you will have to invest Rs 2 lakh from yourself. Under the government’s Mudra scheme, you will get a loan of Rs 4 lakh. For this, you can apply in any bank under the Pradhan Mantri Mudra Yojana. For this, you will have to fill a form, in which many details will have to be filled. There is no processing fee or guarantee fee to be paid in this. The loan amount can be returned in 5 years.
how much will you earn
After the product is made, it has to be sold in bulk. For this, its sales can be increased by contacting small grocery stores and supermarkets and big retailers. According to an estimate, the profit in the business of papad is one-fifth of the investment amount. If you invest Rs 5 lakh, you can earn Rs 1 lakh every month. In this, your profit can be up to 35-40 thousand rupees.
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