In today’s highly competitive business landscape, facing competition is inevitable for any entrepreneur.
However, we have an exciting business idea to share with you—one that offers a lower level of competition and the potential to become a successful venture with a nominal investment.
We’re talking about the lucrative business of producing jams, jellies, and marmalades—a product in high demand throughout the year.
This business idea appeals to people of all ages and offers numerous health benefits.
It is a venture that anyone can start, even from the comfort of their own home, with an investment as low as Rs 80,000.
With this modest investment, you can easily earn up to Rs 2 lakh per month.
Getting Started
To embark on the journey of making delicious jams, jellies, and marmalades, you’ll need a supply of fresh fruits.
These fruits will be the key ingredient in your products, infusing them with enticing flavors. In addition to fruits, you’ll require sugar and pectin for the production process.
The best part is that this business can be operated from home, eliminating the need for external facilities.
It’s a highly productive activity that can also generate employment opportunities for others.
Cost Breakdown
The Khadi and Village Industries Commission (KVIC) has prepared a comprehensive report on the costs involved in setting up this business.
According to their findings, you’ll need approximately Rs 8 lakh to establish a jam, jelly, and marmalade production unit.
Out of this amount, around Rs 2 lakh will be allocated to construct a shed spanning 1000 square feet, while roughly Rs 4.5 lakh will be required for purchasing the necessary machinery.
Additionally, a working capital of approximately Rs 1.5 lakh will be necessary.
However, if you choose to start the business from your home, you can commence operations with less than Rs 80,000.
Projected Earnings
Based on the report, your annual production capacity of jams, jellies, and marmalades would amount to 231 quintals.
Assuming a selling price of Rs 2200 per quintal, your total revenue would reach around Rs 7,10,640 after deducting the production cost of approximately Rs 5,07,600.
This translates to a profit of approximately Rs 2,03,040. With such figures, you can expect to earn up to Rs 17,000 per month.
Leveraging the Mudra Loan Scheme
To kick-start this business, you can take advantage of the Mudra loan scheme, which provides access to loans exceeding Rs 7 lakh.
These loans are available at low interest rates, further facilitating your entrepreneurial journey.
Furthermore, if you already own a suitable space for the business, your costs will decrease even further.
It’s important to note that costs may vary depending on the location of your venture.
By seizing this opportunity and venturing into the jam, jelly, and marmalade industry, you can establish a profitable business with minimal investment.
So, why not turn this business idea into a reality and pave your way to success
