As the rainy season arrives across various states, businesses catering to essential rainy-day products witness a surge in demand.
Areas transitioning from scorching heat to monsoon weather particularly seek items like umbrellas and raincoats.
Key Products in High Demand
During the rainy season, products such as umbrellas, raincoats, waterproof school bags, and rubber shoes experience heightened demand across rural villages and urban centers alike.
This presents a lucrative opportunity for entrepreneurs looking to capitalize on seasonal needs.
Starting Your Venture with Minimal Investment
Entrepreneurs can initiate this business with as little as Rs 5,000. Depending on scale, one can procure items like rain gear from wholesale markets or directly from manufacturers, which are easily accessible online. Umbrellas, for instance, come in various qualities and price ranges, necessitating thorough market research.
Earning Potential and Production Tips
The potential for profit is substantial, with entrepreneurs capable of earning between Rs 15,000 to Rs 35,000 per month.
Those with sewing skills can further increase margins by producing items like raincoats and mosquito nets at home. Selling these products locally or to retailers can yield profits of 20-25%.
Sourcing Raw Materials
Raw materials for this business can be sourced from wholesale markets in major cities. Entrepreneurs can purchase ready-made goods or materials to manufacture umbrellas and raincoats themselves, providing flexibility in meeting local market demands.
By tapping into the seasonal demand for rain-related products, entrepreneurs can establish a profitable venture with minimal initial investment, catering to widespread consumer needs during the rainy season.
