Business News Desk – If you want to start a new business, then today we have again brought a new business idea for you. This is such a business. In which the demand for the product remains among people of every category. Be it village or city, there is huge demand for this product everywhere. We are talking about soap making factory i.e. soap making unit. In this business, soaps are made with the help of machines. These are transported to the market. However, many people also make handmade soap and sell it in the market. The good thing is that this business can be started even on a small scale. Today, there is a demand for soap in small towns, big cities, towns and villages. In such a situation, soap making business can be beneficial for you. You can open a soap factory with very little money. To start this business, you can take 80 percent loan under the Mudra scheme of Modi government. There are many benefits of taking loan under Mudra Yojana.
Loan will be available for soap business
It takes a total of Rs 15,30,000 to set up a soap making unit. This includes unit space, machinery, three months’ working capital. Out of this Rs 15.30 lakh, you will have to spend only Rs 3.82 lakh. You can take the remaining amount as loan under Mudra Yojana. To set up a soap making unit, you will need a total of 750 square feet. Out of this, 500 square feet should be covered and the rest uncovered. It will require 8 types of equipment including all types of machines. According to the project report, the total cost of installing these machines will be only Rs 1 lakh.
Categories of Soap Market in India
The soap market can be divided into different categories based on its use. As-
laundry soap
beauty soap
Medicated Soap
kitchen soap
perfumed soap
You can design your products for any of these categories keeping in mind the demand and market.
Know how much you will earn from soap
According to the Mudra Yojana project profile of the Central Government, you will be able to make a total of about 4 lakh kg of soap in 1 year. Its total price will be around Rs 47 lakh. After all expenses and other liabilities in the business, you will have a net profit of Rs 6 lakh i.e. Rs 50,000 every month.
