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Wednesday, December 1, 2021

Business Idea: Start this special business in the midst of rising inflation, with increasing demand, you will earn big

Business Idea: In the midst of inflation running at the speed of the cheetah, the common man is looking at shock on shock. The prices of food items are skyrocketing. Onions, tomatoes are such food items that when they turn red. They don’t know anything. Anyway, these days people are making common man cry through their onion prices.

The price of onion has reached around Rs 50-60 per kg at present. In such a situation, the demand for onion paste increases in the midst of rising onion prices. Due to the demand of the market, a good business idea of ​​making onion paste can prove to be better for you. Due to the easy technology, anyone can set up its unit and earn good money.

Business Idea: Start this business with a job, only 15 minutes have to be taken out time, every month you will earn big

Onion is widely consumed in the country. Maharashtra, Madhya Pradesh, Karnataka have the highest onion production in the country. In Lasalgaon, Maharashtra, the largest market of onion is found. Heavy rains have caused severe crop damage in Maharashtra and Karnataka. In such a situation, you can also start the business of making onion paste.

how much will it cost

Khadi Village Industries Commission (KVIC) has prepared a project report on the business of making onion paste. According to this, this business can be started for Rs 4.19 lakh. If you do not have money to start a business, then you can take a loan from the government’s Mudra scheme.

According to the KVIC report, the total cost of setting up an onion paste manufacturing unit is Rs 4,19,000. In this, Rs 1 lakh will be spent on construction of building shed and Rs 1.75 lakh on equipment (frying pan, autoclave steam cooker, diesel furnace, sterilization tank, small utensils, mugs, cups etc.). Apart from this, Rs 2.75 will be needed to run the business.

About 193 quintals of onion paste can be produced through this unit in a year. At Rs 3,000 per quintal, its value will be Rs 5.79 lakh.

Business Idea: Start this business with very little money in the digital age, earning crores of rupees every month

do marketing like this

Once the onion paste is produced, pack it in a better way. Nowadays the product is sold on designer packing. You can take the help of marketing for its sale. Social media can also be used for this. Apart from this, if you have the budget, you can promote your product by creating a company website.

how much will you earn

The report estimates that if you produce onion paste at full capacity, you can sell Rs 7.50 lakh in a year. If all the expenses are deducted from this, then the gross surplus will be Rs 1.75 lakh. At the same time, the estimated net profit can be Rs 1.48 lakh.

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Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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