If you are searching for a low-cost business idea, the paper plate and paper cup business could be a great option.
It requires less investment and offers high profits due to constant demand in the market. This business can be started on a small scale and expanded as demand increases.
One of the biggest advantages is that the demand for paper plates and cups exists throughout the year,
and it increases significantly during wedding seasons. This makes it a reliable and profitable small business.
Investment and Profit Potential
From juice stalls to restaurants, paper plates and cups are widely used. Ganesh Gupta, a manufacturer from Azamgarh, says you need about Rs 5–6 lakh to start this business.
This includes expenses like machines, raw materials, electricity, rent, and salaries.
The manufacturing machines for paper cups and plates cost around Rs 3–4 lakh, and the remaining amount covers other setup expenses.
Once the business is running, you can earn up to Rs 6 lakh annually.
Since the government has banned plastic, the use of eco-friendly paper products has increased, making this business even more promising.
Support from Government Schemes
To help small industries, the government offers loan schemes like the Mudra Loan.
Under such schemes, you only need to invest 25% of the total cost, while the remaining 75% can be financed by the bank.
Starting this business also requires some basic government documents, which are easy to get.
With proper planning and use of government support, you can set up a manufacturing unit and turn this small business into a steady source of income.
