How to Start a Paper Plate Manufacturing Business in India

1. How to Start a Paper Plate Manufacturing Business in India Visit Website +91 9831018834 info@spb.net.in

2. TABLE OF CONTENT Licenses and Registrations Required Paper Plate Business: Business Scope 01 02 04 05 03 Requirements & Necessities for Paper Plate Business Bank Loan for Paper Plate Manufacturing Business Return on Investment

3. 01:Paper Plate Business: Business Scope The scope of any business is dependent upon its demand and ease of performing it. With such a small amount of material, you can produce paper plates in a significant number. Hence, you need not put much effort into it. If you continue providing your customers with good quality paper plates and at a reasonable price, then you need not worry about the competitors. If you follow these tips, then one day, you will build your brand and trademark. Now the market paper Plate manufacturing Businessis more profitable in India 

4. 02 : Licenses and Registrations Required • Checking the licensing issues from the government is a must. Other than this, the materials you are using in this business also affect the licenses’ requirement and registration. Trade License is the most common license that any business requires. You can obtain this from the local authorities. In case you have to work in a factory, then you should have a Factory License. Coming to the registration part, you can register your business with a suitable organization form. You have to look into the tax liabilities and apply for a GST Number if you are in India.

5. 03 : Requirements & Necessities for Paper Plate Business • Whenever you are starting any business, you need to have an idea about its requirements. So, if you are planning to get into this paper plate making industry, then you should know about its condition, which are: • Area Requirement • Raw Materials • Machineries / Equipments • Labour Requirement • Note :- The most basic paper plate machine in India will cost you around Rs. 75,000 and go up to Rs. 5,00,000.

6. 04 : Bank Loan for Paper Plate Manufacturing Business • A paper plate manufacturing business requires a paper-plate machine. Machines which help you to create automatic paper plates are quite expensive because of the technology used. Banks provide various schemes of such loans. You can also acquire a loan under the MUDRA (Micro Units Development and Refinance Agency Ltd) loan scheme. Banks and financial institutions offer loans up to 10 lakhs INR without any requirement of collateral.

7. 05 : Return on Investment • There are some points that you should acknowledge while continuing with this business. The first point is that you should have a good network. The more networks you have, the more your industry will attract customers. The second point is that you should start with a low-cost paper plate machine and slowly move towards the costlier ones. • This business is considered to be satisfactory in terms of return on investment. Almost all the materials required to manufacture paper plates are cheaper than the machines deployed while making these plates. The best part of this business is to manufacture a vast number of paper plates with just 1kg of paper or paper rolls. Only a target of selling 15,000 to 55,000 plates a day can provide you a reasonable return on investment.

8. Contact Us +91 9831018834 / +91 33 22422140 / 22422032 / 22437851 info@spb.net.in Narayani Building, Suite No.311, 1st Floor, 27 Brabourne Road, Kolkata, West Bengal, India - 700-001 https://spb.net.in/ https://g.page/papercupmakingmachine?share

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