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HomeBusinessBusiness Idea: Earn lakhs from this onion business in the summer season

Business Idea: Earn lakhs from this onion business in the summer season

Business Plan of Onion Paste: Inflation is skyrocketing. The prices of all the essentials are touching the sky. The prices of daily use vegetables like onion, tomato, ginger, lemon have increased rapidly in the recent past. Onion prices have also seen a rise. People like to put onion paste in food. Due to this, in a little paste, they get the taste of onion in food. In such a situation, the business of onion paste is growing very fast. There has been an increase in the demand for onion paste in the market. So let us tell you some special things about this business and tell about its details-

will get help from the government
Khadi Village Industries Commission (KVIC) has prepared a report on this wonderful business of onion. You will also get help from the government to start this business. To start this business, the government provides loan facility under the Pradhan Mantri Mudra Loan Scheme. According to the report of KVIC, you will have to set up a plant to make onion paste. At least 6 lakh rupees will be needed for all the things like this manufacturing plant, raw material etc.

In this, you will get maximum expenditure through Mudra loan. You will also need Skilled Labor to run this business. Through one unit, you can make 193 quintals of onion paste and sell it in the market for a year. It will cost around Rs 3000 to produce one quintal of onion paste. You can sell this paste at local retail market as well as online stores.

will earn so much
There is a lot of demand for onion paste in the market. Including the expenses of making onion paste, packaging, marketing etc., it costs you at least 7 to 8 lakhs. By selling it, you can earn at least up to 10 lakhs. In this, a profit of Rs 2 lakh will be available. Along with the market demand for the paste, your profit margin will also increase.

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