If you’re considering starting a business, the Corn Flakes business is a great idea. It’s a simple way to earn at least Rs 4,000 per day,
and the best part is you don’t need any specialized training to begin. Corn is widely used for breakfast
and is known for its health benefits, making this business a profitable opportunity. With the right setup, you can even become a millionaire in a month.
Requirements for Starting the Corn Flakes Business
To start this business, you will need land where you can set up the manufacturing plant, along with space for storage.
A warehouse is essential to keep your stock. Ideally, you will need between 2000 to 3000 square feet of space for operations.
For equipment, you’ll require machines to process corn, as well as electricity, a GST number, and raw materials.
The machines used can also make flakes from wheat and rice, so this business is versatile.
It’s important to set up the business in an area where corn is grown in large quantities to reduce transportation costs.
You can either source corn locally or grow it yourself to ensure quality.
Investment and Government Support
The investment required to start the business depends on whether you want to start small or on a larger scale. Typically, an investment of Rs 5 to 8 lakhs is needed to get started.
However, the Indian government, through the Mudra loan scheme, offers financial assistance.
Under this scheme, you can receive up to 90% of the required investment as a loan, allowing you to start the business with as little as Rs 50,000 in the beginning.
Profit Potential
The cost to produce 1 kg of corn flakes is about Rs 30, and it can be sold for Rs 70 per kg in the market.
If you sell 100 kg of corn flakes per day, your profit will be around Rs 4,000. This means that in a month, you could earn up to Rs 1,20,000.
By following this business model, you have the potential to generate significant profits with relatively low investment and minimal training required.