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Profitable Business Idea: Cardboard Box Manufacturing
If you’re considering starting your own business, this could be a golden opportunity. The surge in online shopping has led to an increased demand for cardboard boxes (cartons) to deliver products. As such, venturing into the cardboard box or carton business can be highly profitable with minimal investment.
Setting Up the Plant
To start a cardboard or carton business, you’ll need to set up a manufacturing plant, requiring approximately 5000 square feet of space. Additionally, a warehouse will be necessary to store the finished goods. It’s advisable not to set up this business in overly crowded areas. For the plant setup, you’ll need both semi-automatic and fully automatic machines.
Raw Materials
The primary raw material for this business is kraft paper, priced at around ₹40 per kilogram. Using high-quality kraft paper ensures the production of superior quality boxes.
Initial Investment
This business can be started on either a small or large scale. For a large-scale operation, an investment between ₹20 to ₹50 lakh is required. Starting with semi-automatic machines can cost up to ₹20 lakh, whereas fully automatic machines may cost around ₹50 lakh.
Profit Potential
The profit margin in the cardboard box business is substantial. With effective marketing and a solid client base, you can easily earn between ₹4 to ₹6 lakh per month. By ensuring quality products and good customer service, you can secure a stable and profitable business venture.
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Source Link: hindi.news18.com
Source: hindi.news18.com
Via: hindi.news18.com