In the wake of India’s ban on single-use plastics in July 2022, the demand for sustainable alternatives like paper straws has skyrocketed, making it a prime business opportunity.
Discover how you can kickstart a successful paper straw enterprise without breaking the bank.
Setting Up Your Paper Straw Business:
Starting a paper straw business involves a few key steps, including government approvals, registrations, and obtaining necessary licenses. Dive into the details of launching your venture responsibly.
Calculating the Costs: What You Need to Get Started
Learn about the initial investment required to start your paper straw business.
With a project cost of Rs 19.44 lakh, you’ll find out how you can get going with just Rs 1.94 lakh from your own pocket, securing the rest through loans and financing options.
Paper Straws on the Rise: Meeting the Growing Demand
As awareness of environmental concerns spreads, the demand for paper straws is on the rise.
Discover the diverse market, from small juice vendors to large dairy companies, that’s driving this surge in demand.
Raw Materials and Equipment: The Heart of Your Paper Straw Production
Explore the key ingredients needed for paper straw production, including food-grade paper, food-grade gum powder, packaging materials, and the essential paper straw making machine, priced at around Rs 9,00,000.
Profit Potential: Earning Big with Paper Straws
Uncover the revenue potential of a paper straw manufacturing business.
According to the Khadi and Village Industries Commission (KVIC), you can generate annual income of Rs 9.64 lakh by operating at 75 percent capacity, translating to over Rs 80,000 per month.
Harness this green business idea and start your journey towards financial success.