If you do not have funds to start a business, then you can take a loan through PM Mudra Loan Scheme. Based on the project report, you can apply for a loan from the bank.
This business will start in 500×300 square feet space.
In the midst of this run-of-the-mill life and the uncertainty of a job in the Corona crisis, everyone wants to start a business of their own, from which they earn a lot. If you want to have your own business then we are going to tell you a great idea, where you can earn good profit by investing 4 lakh rupees. The best thing is that anyone can start this business.
We are talking about the business of making bindi. Indian women choose bindi keeping in mind their jewelry and clothes. That’s why you will get to see not only packets of one color bindi in every house, but packets of many colors and designer bindi. The biggest advantage of starting this business is that its demand will always remain intact, because women do not hesitate to spend on their accessories and bindi is a part of it. In such a situation, this business idea of setting up a Bindi Manufacturing Unit can prove to be better. Let us tell you everything about it.
Business will start in 4 lakh rupees
Khadi and Village Industries Commission (KVIC) has prepared a project on setting up Bindi Manufacturing Unit under Village Industries Employment Scheme. According to this project report, the total expenditure on setting up a Bindi manufacturing unit will be Rs 4,00,000. If you do not have funds to start a business, then you can take a loan through PM Mudra Loan Scheme. Based on the project report, you can apply for a loan from the bank.
According to the project profile report prepared by the Khadi and Village Industries Commission, you do not need a lot of land to start a bindi making business as there is more space to install and get the machinery and equipment used in this work. is not needed. This business will start in 500×300 square feet space. If you do not have land then you can rent it. The total cost of building a building shed will be Rs 1,50,000.
To start the business of bindi, you will need many types of machines. Including bottle cap sealing machine, filtering unit, storage tank etc. About Rs 1,00,000 will be spent on the purchase of these machines. Also, a working capital of Rs 1,50,000 will be required. Thus the total project cost has gone up to Rs 4,00,000 lakh.
how much will the total cost
According to the KVIC report, you can produce bindi worth Rs 600,000 in a year. Rs 2,60,500 on its raw material, Rs 50,000 on label and packaging material, Rs 1,50,000 lakh on wage, Rs 48,000 on salary, Rs 15,000 on administrative expenses, Rs 14,500 on overheads, Rs 7,500 on miscellaneous expenses, Rs 17,500 on depreciation Rs. 2,500 will be spent on insurance.
The capital expenditure loan will cost Rs 32,500 and the working capital loan interest will cost Rs 19,500. This means an interest of Rs 52,000 will be spent annually.
how much will you earn
If you do production using 100% capacity, then the annual production will be Rs 6,00,000 lakh. The projected sales cost will be Rs 7,50,000. Gross surplus will be Rs 1,50,000. Estimated Net Surplus Rs. 1,32,000. That is, your monthly earnings will be Rs 11,000.
KVIC has said in its report that these figures are only indicative and they are subject to change from place to place. If you take it on rent instead of spending on building the building, then your project cost will come down. Interest on capital expenditure will also come down and your profits will increase.
Also read- Amazing share of 1 rupee, 4340 percent return given in one year, 1 lakh became more than 44 lakhs