Tomato prices are reaching new heights in the country recently. In some parts, tomato is sold at a price of Rs. 80 per kg.
The Consumer Ministry has come up with a unique solution to this grave problem. The Ministry has decided to sell Tomato Puree. If you want to start a good business with less investment, then this is the business for you.
The Business
To start this business, you have to invest only 2 lakh rupees by yourself, the central government will help you in raising the remaining money.
Tomato, in every form, is something that is used in every household and on a daily basis. Especially in the restaurant/hotel industry, tomato puree is a constant condiment.
They are only so many brands of tomato puree in the market. If the quality of the local brand is also good, then the demand increases. In such a situation, starting this business can prove to be a good idea.
Government Aid
With an initial investment of around ₹1.95 Lakhs, you can avail of the remaining investment from the government. The term loan will be 1.50 lakh rupees. The working capital loan will be 4.36 lakh rupees. This loan will be easily sanctioned from any bank under the Mudra scheme.
Total Expenses
If you are planning to start a business of tomato ketchup, then it will cost 7.82 lakh rupees. Fixed capital 2 lakh rupees (this includes the cost of all types of machinery and equipment).
Working Capital
Rs. 5.82 lakhs, which includes the cost of tomatoes, raw materials, ingredients, workers’ salary, packing, telephone, rent, etc., shall be the working capital. In the investment of Rs 7.82 lakh, which is estimated, the annual turnover may be Rs 28.80 lakh.
Cost Of Production
Rs 24.22 lakh annually, Net profit: Rs 4.58 lakh annually, Profit of the month: About 40 thousand rupees.
How to get the loan
For the loan under the Mudra scheme, you have to apply to the government or bank branch. If you want to start your own business, then you have to provide the ownership or rental documents, work-related information, Aadhaar, PAN number, and many other documents. The bank manager approves the loan after verification.
How to apply
Under the Pradhan Mantri Mudra Yojana, you can apply to any bank. For this, you have to fill a form, in which you will have to give this detail … Name, address, business address, education, current income and how much loan is needed. There is also no need to pay any processing fees or guarantee fees.
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