Low Investment, High Profit Business Idea: Everyone wants to have a business that does not cause a shortage of money. People’s capital is often wasted in business. Still, we will tell you about a great company. Do you know that a Poha manufacturing unit is an excellent business for you?
This is a business whose demand remains on a large scale every season. There is no need for much investment for this. By investing less money, a good income will be obtained. Anyway, assistance is provided to promote this business. The article below explains the essential things related to starting a business.
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Cost of Poha Business and Government Assistance
Poha business can be taken to a significant level at a low cost. The total cost of starting a Poha manufacturing unit is around 2.43 lakhs. The good news is that up to 90 percent of the loan is available under the government’s Gramodyog Rozgar Yojana. You can start this business with only your capital of Rs 25,000.
To start the Poha business, you will need about 500 square feet of space. A Poha machine, furnace, packing machine, drum and essential equipment will be required. Along with this, start production by bringing some raw materials, and with experience, you can work to increase the quantity of goods and production. This will maintain quality as well as customer trust.
Know how to get a loan?
At the same time, if you apply for a loan based on the prepared project report of KVIC, you can get up to 90 percent funding under the Gramo Udyog Rojgar Yojana. Every year, the government implements this scheme to promote rural industries. In this, young entrepreneurs also get an opportunity to become self-reliant.
If this report is accurate, six lakhs will have to be spent monthly on raw material. Including other expenses, this amount reaches 8.60 lakhs. About 1000 quintals of Poha can be produced quickly. It can be sold in the market for up to 10 lakhs. This can give you an income of up to 1.4 lakh rupees monthly. Poha is in great demand every season and is liked throughout the country.
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