If you want to start a business with high demand and good income, consider a porridge manufacturing unit.
This business has a great demand, from cities to villages. With a small investment, you can begin this venture and start earning quickly.
The demand for wheat porridge has surged as people become more health-conscious.
Wheat is a crucial source of calories and contains carbohydrates and some protein, which are essential for our bodies.
There is an increasing need for nutritious, ready-to-eat snacks that are easy to digest and quick to prepare.
Starting Costs for a Porridge Business
The Khadi and Village Industries Commission (KVIC) has created a project report for setting up a porridge manufacturing unit under the Pradhan Mantri Gramodyog Rozgar Yojana.
Here are the costs involved in starting a Daliya (porridge) business:
Land Requirement: You need your own land or can rent one.
Building Costs: Building a 500 square feet shed will cost around Rs 1 lakh.
Equipment Costs: Another Rs 1 lakh will be needed for equipment.
Working Capital: You will also need Rs 40,000 for working capital.
In total, starting this project will cost about Rs 2,40,000. If you lack the funds, you can apply for a loan through the PM Mudra Yojana.
How Porridge is Made
Making Daliya involves a few key steps:
Cleaning: Wheat is cleaned thoroughly and washed under running water.
Soaking: The wheat is soaked in water for 5 to 6 hours to soften.
Drying: After soaking, the wheat is dried in the sun.
Grinding: Finally, the dried wheat is ground in a flour mill to produce porridge, which includes the husk.
Potential Earnings in the Porridge Business
According to the project report, if you operate at full capacity, your annual production will be 600 quintals. If sold at Rs 1,200 per quintal, the total revenue will be Rs 7,19,000.
The estimated sales cost is Rs 8,50,000, leading to a gross surplus of Rs 1,31,000.
After expenses, your estimated net surplus will be Rs 1,16,000, which means your annual income could reach Rs 1.16 lakh.