The demand for edible oil is growing rapidly, making it an excellent business opportunity. A mustard oil mill can be set up with minimal investment and can generate significant profits.
By installing an oil expeller machine, you can extract oil from mustard seeds and sell both the oil and oil cakes.
This business can be started in rural areas, towns, or even metro cities, offering a steady income stream.
Why Choose a Mustard Oil Mill?
Mustard oil is an essential ingredient in kitchens, and its demand is increasing daily. Although the prices may fluctuate, it remains a staple item, making it a reliable business with long-term prospects.
In the past, large-scale machines were needed to extract oil, but now there are smaller, cost-effective machines available that require minimal space and labor.
Cost of Setting Up an Oil Mill
To get started, you’ll need an oil expeller machine, which costs around ₹2 lakh.
In addition, you will need to obtain an FSSAI license and complete the necessary registration, which makes the setup process legal.
These steps will bring the total setup cost to about ₹3-4 lakh. If you plan to expand on a larger scale, the cost may increase slightly.
The oil expeller works by pressing mustard seeds to extract the oil, leaving behind oil cakes. These cakes can be sold as animal feed, providing an additional revenue stream.
How to Profit from an Oil Mill
Market the Oil: You can sell the oil in bottles or tins, and online platforms can help you reach a larger audience. The oil market is vast, and with proper marketing, you can tap into local or online sales.
Sell the Oil Cake: The leftover oil cake can be sold as animal feed, which is a great way to maximize your profits.
Low Risk, Long-Term Profit
The beauty of this business is that after the initial investment, the returns will continue for years.
It has low operational costs, requires minimal labor, and has a high profit margin.
The initial cost can be recovered in just a few months, and the chances of loss are very low in this business.
If you’re looking for a business that offers high returns with limited investment and effort, starting a mustard oil mill could be a great option!
