If you want to start a good business in a very low investment, then it can be a good business to set up the POWHA unit. Let's know how this business can be started and what will be your advantage.
How much will comeAccording to the KVIC report, it can start this business with an investment of just 2.43 lakh rupees. You can put this unit in about 500 sq ft space. You have to spend 1 lakh rupees on this. At the same time, you will spend Rs 1 lakh on poha machine, sewes, kiln, packing machine, drum etc. In this way, your total expenditure will be Rs 2 lakhs, whereas only 43 thousand rupees will be spent as a working capital.
How much will earn
According to the project report, you have to take raw material after starting the project. You will spend about six lakh rupees on this. Apart from this, you have to spend about 50 thousand rupees. In this way you will produce about 1000 quintals of Poha. The cost of production will be 8.60 lakh rupees. You can be sold for 1000 quintals of Poha for about 10 lakh rupees. That is, you can earn about Rs 1.4 lakhs.
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How to get loan
According to this report of KVIC, if you prepare project reports and apply loan under Village Industries Employment Scheme, then you can get around 90% loan. Every year the loan is given to KVIC to promote the Village Industry. You can also take advantage of it.
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