Business Plan: Why are there so many who are more interested in business than job, the importance of business is increasing these days. In such a situation, if you are also preparing to start a new business, it is important to get complete information about it first. We provide you complete information about such a special business idea. You can earn good income by starting it. this Bubble packing papers business. However, the trend of online shopping has grown rapidly these days. This has resulted in a boom in the packaging industry. The demand for packaging for daily use products has increased.
Delivery of food, beverages, FMCG products requires special packaging. Fragile items require a special type of packaging for delivery. These are packed in bubble sheets. Diwali People send many items on this occasion. The packaging is excellent. In such a situation, you can earn a lot of money with bubble packing papers business.
How much does it cost to start a bubble packing paper business?
Bubble packing papers are specially molded industrial papers. which are used in packaging and transportation of foodstuffs and fruits like eggs, oranges, apples, grapes and litchis. This versatile packing can be made for any product. It is widely used in export packing. Khadi and Village Industries Commission (KVIC) has prepared a report on bubble packing paper manufacturing business. According to this report, starting a bubble packing paper business will cost Rs 15.05 lakh. In this, construction of 800 square feet workshed will cost Rs 160,000, equipment will cost Rs 645,000. The total cost will be Rs 805,000.
Apart from this, Rs 700,000 will be required for working capital. The total cost of the project will be Rs.1,505,000. That means 15 lakhs will be needed to start and run the business.
Loans available for bubble packing paper business
If you lack money to start this business, you can also take a loan. You can take loan from PM Mudra Yojana. Under this scheme, the government provides loans of up to Rs 10 lakh to those who start their business.
How much do you earn from bubble packing paper?
You can earn Rs 1,142,000 per annum from this business According to the project report, 1280000 quintals of bubble packing paper can be produced annually from this business. Its total cost will be Rs.4685700. Projected sales will be Rs.599000 and total surplus will be Rs.1214300.