New Delhi. To start this business, you can take advantage of the Mudra Scheme of the Modi government. Under this, you will get a loan of Rs 4 lakh at affordable interest rates. This is the business of making papad (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 kilograms will be created. To start this business it will cost you Rs 6.05 lakh. Total expenditure includes expenditure on fixed capital and working capital.
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Fixed capital includes all expenses like two machines, packaging machine equipment. Working capital includes three months’ salary of staff, cost of raw materials and utility products used in three months. Apart from this, expenses like rent, electricity, water, telephone bills are also included.
These machines will be needed
To start the business of making papad, you will need machinery like swifter, two mixers, platform balance, electrically operated oven, marble table top, chakla belan, aluminum utensils and racks.
250 square feet space required
At least 250 square feet of space will be required for papad making business. If you do not have your own space then it can be taken on rent. For which you will have to pay at least Rs 5 thousand as rent every month. Manpower will require three unskilled labour, two skilled labor and one supervisor. Rs 25,000 will be spent on the salary of all these, which has been added to the working capital.
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Will have to invest Rs 2 lakh yourself
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 Prime Minister Mudra Yojana. For this you will have to fill a form, in which many details will have to be filled. There is no need to pay any kind of processing fee or guarantee fee in this. The loan amount can be returned in 5 years.
how much will be the earning
After the product is made, it will have to be sold in bulk. For this, its sales can be increased by making contacts with small grocery stores and super markets and big retailers. According to an estimate, the profit in papad business 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 Rs 35-40 thousand.
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FIRST PUBLISHED : September 12, 2021, 09:40 IST