How to Start a Paper Cup Business: In today’s time, paper cup is not just a means of drinking tea or coffee, but it has become a profitable business option. Be it wedding parties, birthday celebrations, office meetings, or roadside tea shops – the demand for these cups is increasing everywhere. The ban on plastic and people’s increasing awareness towards the environment have given a new market to paper cups. This is the reason why many youth of today are getting attracted to this business.
Why is its demand increasing?
Plastic cups are harmful to the environment because it is difficult to destroy. On the other hand, paper cups are biodegradable, that is, they get destroyed on their own with time. This is the reason why people in cities as well as villages are considering them a better and safer option.
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How much will it cost to start
According to the calculation, it will cost Rs 3.5 lakh to buy raw materials to start this business. To run this business, the cost of electricity and oil will be Rs 5 thousand, Rs 15 thousand for marketing, salary of employees Rs 15 thousand, skilled worker Rs 7000. According to this, the monthly expenditure will be Rs 50 thousand. To work properly, it will cost around Rs 8.50 lakh.
How much can the profit be?
About 70,000 cups can be made every day with this machine. If the machine runs continuously for a year, about 15–20 lakh cups will be prepared. Up to Rs 50 lakh can be earned by selling them in the market. After deducting all the expenses, the annual profit can be up to Rs 6 to 9 lakh.
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Why is this a great business idea?
This business, which can be started with less capital, is profitable due to the ever-increasing demand. Also, campaigns like the government’s plastic ban and Green India have made it even more popular. This business can not only become a good source of income, but also helps in saving the environment.