Millions of rupees will be earned by making cheap notepaper
Everyone wants to do business at some point; But sometimes money goes down, and sometimes imagination goes down. If you think about your daily life, you will find many ideas for business that are not very expensive and can make maximum profit. Some even get help from the government to start a business. One of these is tissue paper. Tip paper is most in-demand in cold regions like european countries. In the wake of the growing spread of the coronavirus, when european countries announced the ban, Europeans, like Indians, began to buy large quantities of essential commodities. The thing they bought most at the time was not groceries but not paper. Within a day or two, the shops were out of stock. india consumes less paper than european countries, But still, this item is in good demand here. This demand is also increasing. In the indian market, there is a good scope for local products as well as branded goods. So starting a note paper factory and selling it in the vicinity can be a lucrative industry. So let's find out how to start this paper business ...
The note paper-making machine is available in the market for Rs. 5 lakhs. From this machine, 100 to 500 notes of four to five inches are produced. If you want to start a business on a large scale, you can also buy large machines worth Rs 10 lakh to Rs 11 lakh. From this, two and a half thousand note papers are made at a time.
Currency loan scheme
If you can raise Rs 3.5 lakh for this business yourself, you can get a loan from Mudra Yojana. If you have that much money, you can get a term loan of Rs 3.10 lakh and a working capital loan of Rs 5.30 lakh. This way you can easily start a business after depositing Rs. 12 lakhs.