Agarbatti Business: We are going to tell you about a business idea that you can start from your home at a very low cost. Neither heavy investment nor large space is required for this work. The special thing is that the demand for this business is very high not only in India but also abroad.
You can start it on a small scale and gradually expand it on a large scale. Not only this but if you bring a little innovation into it, then this business can also give you a good income. So let’s know the complete information about this low-cost and high-profit business.
Start Agarbatti Making Business from Home
This business is the work of making incense sticks, which is considered to be a very popular and evergreen business in India. ‘Agarbatti’ means incense stick made by applying aromatic oil on a thin bamboo stick and which is used in almost every Indian house from worship to fragrance. The fragrance of natural flowers and herbs like sandalwood, rose, and jasmine makes it special. It is a wonderful combination of culture and fragrance.
There is immense demand for it not only in the country but also abroad. The demand for incense sticks is not limited to India only, but it is exported to more than 90 countries of the world. The interesting thing is that India is the only country in the world that produces incense sticks on a large scale and also fulfils the demand of foreign markets.
Demand increases during festivals
In a country like India, where there is some festival or the other every month, the demand for incense sticks remains throughout the year, but its consumption increases even more during festivals. If you bring some new and unique fragrances of incense sticks into the market, then your brand can easily make its mark. Think something different, do something new, and dominate the market.
Business can be started even in a small space
There is no need for a large space to start this business. You can start it in any empty room, hall, or garage of your house. Machines and raw materials are set up in a small space and work can begin. This is an excellent opportunity for rent savings.
How much will it cost and how much will the profit
If you want to start it on a small scale, the initial cost would be around ₹40,000 up to ₹80,000. For this, you will have to get an incoming license and GST registration.
Once the work starts, you can do business for up to ₹1.5 lakh every month. Your profit from this can be around ₹50 to 60 thousand rupees. As the demand for your product increases, the earnings can also reach up to lakhs. This is an ideal example of a high return on low investment.