If you dream of owning a successful business with minimal investment, consider starting a tissue paper manufacturing unit. The demand for tissue paper, used widely in restaurants, hotels, offices, and hospitals, is surging worldwide. The government also supports this venture, making it an excellent opportunity for aspiring entrepreneurs.
Investment and Financial Support:
To set up a tissue paper manufacturing unit, you will need around Rs 3.50 lakh. Under the Pradhan Mantri Mudra Yojana, you can apply for a loan from any bank using this amount as collateral. With Rs 3.50 lakh, you may receive approximately Rs 3.10 lakh as a term loan and up to Rs 5.30 lakh as working capital loan.
In a year, you can produce 1.50 lakh kg of paper napkins and sell them at around Rs. 65 per kg, generating a turnover of about Rs 97.50 lakh. After deducting expenses, you can save around 10-12 lakh annually. By partnering with multinational companies for napkin sales, you can achieve a net profit of up to Rs 1 lakh per month, enabling you to repay the loan gradually.
Starting the Business:
Apply under the Mudra Yojana in any bank by filling a form with essential details such as name, address, business address, education, current income, and required loan amount. No processing or guarantee fee is needed, and loan repayment can be done in convenient installments. Launch your tissue paper manufacturing business with government support and enjoy the daily bumper earnings from the comfort of your home.