If you want a profit of Rs 9 lakh per year, start this business, the government gives subsidy

 If you want a profit of Rs 9 lakh per year, start this business, the government gives a subsidy

The Indian government has banned plastics due to rising pollution across the country. Then there are some businesses that you can replace with plastic and make a lot of money a year.

Make a profit from this business

The advantage of lifting plastic bins

Make millions by getting subsidies

The paper cup business is the most popular and in-demand these days. Tea was served in plastic cups everywhere and now paper cups are used in those places. So the demand for papercup has increased, if you also start a business it will be successful.

The government has prepared a report

The central government has prepared a report for the project, detailing how much budget will be required and what the benefits will be.

How much land will be needed

You will need 500 square feet for this business. Rs 10.70 lakh for machinery, equipment as well as furniture, dye etc.

Salary to be given to workers

If you have both skilled and unskilled artisans, it will cost you around Rs 35000 per month.

Raw material

Rs 3.75 lakh will cost you raw material.

Costs on utilities

Utilities will cost Rs 6000.

Other costs

Apart from all these, other expenses will be Rs 20,500.

How much will be the profit

If you start your business working 300 days a year, you can make 220 million units of paper cups in 300 days. Other than that you can sell it for 30 paise per cup or glass.

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The government will help

The central government will help in this business from currency loans. Mudra will subsidize under the loan. The government will provide 75 per cent of the loan, while 25 per cent you have to invest.

Where to get the machine

Paper cup making machines are available in Delhi, Hyderabad, Agra and some other cities in Ahmedabad. The work of making this machine is done by the companies doing engineering work.