If you’re looking to start a business with a small investment, we have a great idea for you — a Poha manufacturing unit.
Poha is a popular breakfast item that many people eat daily. It’s loved by all and is in demand throughout the year, whether it’s summer or winter.
Poha is known for being a healthy and light food, making it easy to prepare and digest. That’s why its demand is growing fast, and starting a Poha manufacturing business could be a smart move.
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Cost to Start a Poha Manufacturing Unit
As per the Khadi and Village Industries Commission (KVIC), the estimated cost to set up a Poha unit is around Rs 2.43 lakh.
You can get a loan for up to 90% of this amount, which means you only need to arrange about Rs 25,000 on your own to begin.
Space, Equipment, and Raw Materials Needed
To start the unit, you will need about 500 square feet of space. The key items required include:
A Poha making machine
Furnace
Packing machine
Drums and other small tools
KVIC suggests that in the beginning, you should start with a small amount of raw material and increase it gradually as your experience and business grow.
How to Get a Loan
You can apply for a loan under the Gramodyog Rozgar Yojana by preparing a proper project report. KVIC provides loans every year to promote small industries in villages. You can benefit from this scheme and get up to 90% loan support for your project.
Potential Earnings from the Business
Once your unit is set up, you’ll need to buy raw materials, which will cost around Rs 6 lakh. Other expenses may come to about Rs 50,000.
With this, you can produce approximately 1000 quintals of Poha, with a total production cost of Rs 8.60 lakh.
You can sell this amount for around Rs 10 lakh, earning a profit of nearly Rs 1.40 lakh.