Business Idea start Cutlery Manufacturing Unit and earn 18k per month check how to start details here varpat

New Delhi. Are you thinking of starting your own business? If yes.. then today we have brought such a better business idea for you, from which you will earn bumper money. The most important thing in this business is that you can start it by investing a little money and earn a lot every month.

We are talking about the Cutlery Manufacturing Unit. Let us tell you that the cutlery manufacturing unit is such a business, whose demand remains in every household. Apart from this, cutlery is in demand at parties, weddings, picnics, and food shops.

government will help
To start this business, you will get help from the Mudra Scheme of the Government of India. Let us tell you that the cutlery manufacturing unit is such a business, whose demand remains in every household. Apart from this, cutlery is in demand at parties, weddings, picnics, and food shops. At the same time, hand tools and some important tools used in agriculture can also be made from cutlery. Also you can export it on a large scale. In this, apart from home products, you can also make other tools.

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Apply for loan here
If you want to take a loan to start cutlery business, then you can apply in any bank under Pradhan Mantri Mudra Yojana. For this, a form will have to be filled, in which all the details like name, address, business address, education, current income and how much loan will have to be given.

Know how much it will cost?
You can start a business of manufacturing metal cutlery in this. To start this business, you should have only 1.14 lakh rupees. For this, you can take a loan under the government’s Mudra Scheme. You will have to spend around 1.8 lakh rupees for the setup.
For this you will need welding set, buffing motor, drilling machine, bench grinder, hand drilling, hand grinder, bench, panel board and other tools. Apart from this, you will have to spend about 1.2 lakh rupees on raw material. According to the report, 40,000 cutlery, 20,000 hand tools and 20,000 agricultural implements can be produced every month in this raw material.

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Know how much you will earn?
According to the government’s project report, the finished product is expected to generate sales of Rs 1.10 lakh per month. Its manufacturing will cost around Rs 91,800 per month. Accordingly, every month you will have a profit of more than Rs 18,000. After repaying the loan and deducting the incentive cost, your net profit would be more than Rs 14,400.