If you are also thinking of doing business then this can be a good chance for you. Because incense sticks and sunlight domestic market between Kovid-19 pandemic is increasing at a rate of 15 percent. The domestic market of Garbatti and Sun is worth Rs 15,000 crore. The current demand for incense sticks in the country is three thousand tonnes while the supply is half of it. The rest of the goods have been coming from countries like China and Viamnam. The central government is also providing subsidy to incense sticks and incense industry under the self -sufficient Bharat Abhiyan to increase the domestic supply of incense sticks. Let us tell you how you can start the business of Agarbati and how much you will benefit from doing this.
The government takes these steps to promote incense sticks industry
To promote this sector, the government had increased the import duty on bamboo steak from 10 per cent to 25 per cent earlier this year. KVC had said that this step will generate at least 1 lakh jobs in the incense sticks industry in 8 to 10 months. This was increased to promote domestic bamboo for self -reliant India and the Central Indirect Taxes and Customs Board announced this increase by tweeting.
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Machine price
In India, the price of incense sticks machine is from 35 thousand to 1.75 lakh rupees. Production in low price machine is low and you will not get much profit. My suggestion is that you start work with an incense sticks -making automatic machine because it is made very fast incense sticks. The price of automatic machine ranges from 90 thousand to 1.75 lakh rupees. An automatic machine becomes 100 kg incense sticks a day.
Incense stick making machine
Many types of machines are used to make incense sticks. These include mixer machines, dryer machines and main production machines. The mixer machine is used to make paste of raw material and the main production machine works to wrap the paste on bamboo. Agarbatti making machine is also semi and complete automatic. After choosing the machine, according to the budget of the installation, deal with the supplier of machines and get the installation done. It is also necessary to take training to work on machines.
Supply of raw materials
After machine installation, contact the good suppliers of the market to supply raw materials. To remove the list of good suppliers, you can take help from people who have already done business in an incense sticks industry. Always ask for a little more than necessary because some part of it also goes to the waste. The ingredients to make incense sticks include gum powder, charcoal powder, bamboo, nargis powder, aromatic oil, water, cents, flower petals, sandalwood girl, jettin paper, shaw dust, packing materials etc.
Packaging and marketing
Your product is sold on attractive design packing. Consult a packaging expert for packing and make your packaging attractive. Try to touch people’s religious mood through packaging. For marketing incense, newspapers can give ed in TV. Apart from this, if your budget allows, then create an online website of the company.
You can start business in so much money
You can start construction of this business domesticly with a cost of Rs 13,000, but if you are thinking of starting the business of incense sticks by sitting a machine, then it can take a cost of up to Rs 5 lakh to start it. Your product gets good prices in the market, so try to bring uniqueness to the product. If you do something new in this business, it will not take long to become a brand.