Amidst the ongoing monsoon season in India, heavy rains and floods have wreaked havoc in various states, leaving lives disrupted.
The states of Himachal Pradesh and Uttarakhand are grappling with incessant rainfall, prompting concerns.
With no respite from the downpours, an orange alert has been issued for the next three days in Himachal Pradesh.
The region is on edge due to threats of landslides, floods, and rising water levels.
Capitalizing on the current weather conditions, there are viable business ventures that can yield substantial profits.
If you’re considering launching your enterprise, a promising idea revolves around the umbrella industry.
Alongside umbrellas, there’s heightened demand for raincoats and waterproof school bags during this rainy season.
Notably, this business can be initiated on a small scale with the potential for significant earnings.
Choosing the Right Starting Point
The umbrella, raincoat, and waterproof school bag business can be established in both urban areas and rural communities.
These items are essentials for navigating the rainy season, making them in-demand commodities.
With an initial investment as low as Rs 5000, you can kickstart this venture.
If you possess sewing skills, producing these items at home using purchased raw materials is a cost-effective approach.
Sourcing Raw Materials
To commence this venture, securing appropriate raw materials is essential. Wholesale markets in Delhi, such as Sadar Bazar and Chandni Chowk, offer a plethora of options to match your requirements.
These markets provide access to the necessary components for crafting umbrellas, raincoats, and school bags.
Alternatively, you can purchase umbrellas and raincoats in bulk at affordable rates, then sell them at higher prices in your locality, thereby generating substantial profits.
This business venture holds the potential for attractive returns on investment.
