Agarbatti is an essential part of almost every household, and it has been in practice since ancient times to perform rituals and other events. India is the largest agarbatti stick maker in the world and exports an ample amount of agarbatti worldwide. You can get a subsidy on starting an agarbatti business from the government.
Agarbatti business is one of the most profitable businesses under the Small Scale Industry, and it can start even with low investment and minimum raw materials, especially in the rural areas within a small place. If you are interested in starting an agarbatti manufacturing business in India, then you can check out our business project report and get all the information about all the steps that should be taken to start your venture. In this report, you will get detailed information about how much funds will be required and what will be the profit ratio, etc.
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Following are the topics covered in this video
0:00 Introduction
1:42 Investment, Area and Profit
2:13 Raw Matrerial
2:40 Process
4:26 Machine & Electricity Capacity
4:50 Registration & Licenses
5:16 About IID
Agarbatti making business plans is an essential task to starting your business, as it describes the nature of the business and further helps in getting funding from financial institutions and gives information about the loans like MUDRA and PMEGP, which you can avail from the government.
Another major thing is arranging agarbatti manufacturing machines. You will need a proper factor shed or a big place which should not be in a residential area to avoid complaints and objections from the people. Agarbatti manufacturing business is one of the most profitable businesses with low investment and high returns if started perfectly.
Institute for Industrial Development - Incubator with MSME, Govt. of India. Mission to impart detailed knowledge on various Govt. scheme under one roof. Know more about Institute for Industrial Development
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