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Home Startups

With Just Rs 2 Lakhs, Here’s How Earn Big In This Highly Trending Business

Rinie Wilson by Rinie Wilson
January 5, 2020
in Startups
A A
With Just Rs 2 Lakhs, Here's How Earn Big In This Highly Trending Business

In today’s era, physical health & fitness plays a vital role in people’s life. With the growing awareness, the fitness-related market is also prospering rapidly.

From fitness related tools to diet, everyone is seeing a period of rapid boom in the market. This has brought a lot of chances of successful business in this industry.

One such business is of making ‘Soy Milk’. Soy Milk as numerous benefits health-wise and many people have replaced their regular choice of milk with this healthier choice.

The National Small Industries Corporation (NSIC) has also included milk making in the incubation program for the year 2018-19.

Business

Investment Capital Required: 2 Lakhs

The Government will be giving training to just start the business but for its marketing as well. Up to 80 percent loan is also being provided under the Prime Minister Employment Generation Program (PMEGP). If you have only one lakh rupees to start a business, then you can start a soy milk making unit.

Loan Programme.

As per the project report of NSIC, the total cost of the soy milk making unit is Rs 11 lakh. Based on this project report, the Mudra loan can be taken from the bank. The bank will sanction 80 percent loan rest you will have to make arrangements for about 2.20 lakh rupees.

Training & Development

Training facilities have also been started by National Small Industries Corporation (NSIC) in the form of Technical Service Centers in different parts of the country. In this, you will get full training in soy milk production. Also, under the Entrepreneurship Development Program (EDP), for starting the business, business management training will also be given so that you can proceed with the right marketing tool.

Also Read: Top 10 Small Manufacturing Business Ideas Under Rs 10 Lakhs For 2020

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