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New Business Plan: Winter season is going on in India at this time. In such a situation, with the increase in cold, the demand for spices in the market also increases rapidly. In such a situation, if you are looking for a good business idea this season, then we have come up with a great option for you. Nowadays the demand for hot spices has increased a lot in the market. In such a situation, by starting this business at a low cost, you can earn lakhs. You will definitely find spices in the kitchen of every house. Food tastes bland without spices. In such a situation, you can earn well through its business.
You do not need any kind of training or skill to start Spices Business. You can prepare them according to the needs of that region. If you are also bored with your job and are thinking of starting some new job, then this business can be very beneficial for you.
How to start spice business
Let us tell you that to start the business of spices (New Business of Spices), you have to set up its unit. For this you have to do some research. It has to be ascertained that in the region where you live, which matters are in highest demand. Only after this you will be able to decide which spices you want to do business. By the way, some spices are generally used in all regions. It includes turmeric, chili, coriander, garam masala etc.
How much investment can start spice business
If you want to start spices business then Khadi and Village Industries Commission (KVIC) can help you in this matter. Khadi and Village Industries Commission has prepared a complete report to start this business. According to this report, you will have to spend Rs 3.50 lakh to start a spice unit. Apart from this, at least 300 square feet of space for the unit and a total of Rs 1 lakh will have to be spent for the raw material. In such a situation, you will need up to 50 thousand rupees for the work of packaging etc. of this business. In such a situation, it will cost you a total of 5 lakhs to set up this business.
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Know how much will be earned
You can earn well through the business of spices. You can earn well by selling spices in small packets. Let us tell you that by starting the unit with a cost of 5 lakhs, you can earn up to 10 lakh rupees. In this case, you will earn Rs 5 lakh annually.
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