In today’s competitive business world, starting a new venture can be tough. However, a jam, jelly,
and marmalade business presents a great opportunity with low competition, a low initial investment, and high earning potential.
These products have steady demand all year long, making it a profitable choice for entrepreneurs looking for long-term earnings.
Investment and Profit Potential
This business appeals to people of all ages and offers health benefits. With an initial investment of only ₹80,000, you can start making jams, jellies,
and marmalades right from home. Over time, this business can help you generate a monthly income of up to ₹2 lakh.
Cost Breakdown for Starting the Business
Starting this business on a larger scale requires a total investment of about ₹8 lakh, as detailed by the Khadi and Village Industries Commission (KVIC):
1) ₹2 lakh for a 1000 square feet production area.
2) ₹4.5 lakh for essential machinery.
3) ₹1.5 lakh for working capital.
However, if you plan to begin from home, your initial investment can be as low as ₹80,000, making this business accessible for many.
Simple Process to Start Your Business
Making jam, jelly, and marmalade is simple and can be done at home with basic ingredients like fruits, sugar, and pectin.
These ingredients are easy to obtain, and the process itself is straightforward, allowing you to produce quality products without needing outside resources. This business also has the potential to create jobs in the local community.
Profit and Earnings
According to the KVIC report, producing 231 quintals of jam, jelly, and marmalade annually can yield a profit of ₹2,03,040.
The production cost is around ₹5,07,600, and at a selling price of ₹2200 per quintal, your revenue would be approximately ₹7,10,640. This means you could earn a monthly profit of up to ₹17,000.
Financial Support: Mudra Loan Scheme
To help with initial costs, you can apply for the Mudra Loan Scheme, which offers loans up to ₹7 lakh at low-interest rates.
If you already have a production space, your expenses can be further reduced. With this financial support, starting your business becomes even more affordable and quicker.
In conclusion, starting a jam, jelly, and marmalade business is a fantastic opportunity with low investment and the potential for high earnings. It’s a profitable venture that can set you on the path to success!
