Business Idea: If you are fed up with the job and want to start some kind of business then today we have again brought a new business idea for you. This is a business in which the demand for the product remains in every class of people. Whether it is a village or a city, there is a tremendous demand for this product. We are talking about soap manufacturing unit.
In this business, soaps are made with the help of machines and they are delivered to the market. Although many people make hand made soap and sell it in the market. The good thing is that this business can be started even on a small scale.
Soap market category in India
The soap market can be divided into different categories on the basis of its use. As if-
Laundry Soap
Beauty Soap
Medicated Soap
Kitchen Soap
Perfumed Soap
You can tailor your products to any of these categories keeping in mind the demand and market.
Start business in Rs 4 lakh
In today’s time, the demand for soap varies from small towns to big cities, towns and villages. In such a situation, the business of making soap can be beneficial for you. You can open a soap factory for very little money. To start this business, you can take 80 percent loan under the Mudra scheme of the Modi government. There are many benefits of taking a loan under the Mudra scheme.
Business Idea: Start this great business from home for Rs 1 lakh, earning Rs 60,000 per month
Know how much you will earn
According to the Central Government’s Mudra Scheme Project Profile, you will be able to produce a total of about 4 lakh kg in a year. Its total value will be around Rs 47 lakh. After all expenses and other liabilities in the business, you will have a net profit of Rs 6 lakh i.e. Rs 50,000 per month.
How much will the machines cost
To set up a soap making unit, you will need a total of 750 square feet. Of this 500 sq ft should be covered and the rest uncovered. It will take 8 types of equipment including all types of machines. According to the project report, the total cost of installing these machines will be only Rs 1 lakh.
Loan will be available from any bank
A total of Rs 15,30,000 is spent on setting up a manufacturing unit for soap making. This includes unit location, machinery, working capital for three months. Out of this Rs 15.30 lakh, you will have to spend only Rs 3.82 lakh. You can take the remaining amount as a loan under the Mudra scheme.
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