Jute Bag Manufacturer in Kolkata & Jute Bags Manufacturers in Mumbai Jute Bag Manufacturing Business Ideas in India
Jute Bag Manufacturer in Kolkata & Jute Bags Manufacturers in Mumbai: A new report on alternative employment. If you haven’t got a job, trying to do something new then this report is for you. In today’s report, I will share with you a new business idea in 2022 where you can earn Rs 50,000 per month by investing a small amount of capital. One of the small capital businesses in the business of making jute bags.
New Business Idea in 2022
So you can make yourself self-sufficient in a very short time by doing this business. At present, there is a demand for jute in the country and the world market. People tend toward different designs of bags made of jute. So you too will benefit a lot by trading jute bags with little investment. Some information about this business is discussed in detail.
Why does this business?
New Business Idea in 2022 of making jute bags is one the lucrative businesses. This business can be started from home. In that case other members of the household especially women can also cooperate in this business. So if you are looking for a good business with little capital. Then you can be enterprising in this business.
Essential raw materials for Jute Bag Manufacturer in Mumbai –
A few sewing machines, two heavy unit machines, scissors, and twine are needed to make the jute bag. It will cost around 30 thousand rupees to buy all these materials from the market. I also want smooth jute made of jute for making bags which has a market price of about 800 rupees per yard. So it doesn’t take much capital to start this business.
Jute Bag Manufacturing Machine of Jute Bag Manufacturer in Kolkata –
Jute sacks are used in making bags. Because jute bags cannot be made directly. For that, you have to buy good quality jute cloth or weave machine. The size of the bag will be cut according to the size. Then you have to sew on the machine with different coloured yarns. You can also make eye-catching designs to increase the attractiveness of the bag. In the end, you have to make the belt of the bag with ribbon.
Marketing of Jute Bag Manufacturer in Kolkata –
The bags need to hold a good market for sale. And for that, you have to go to different places and talk to the trader in advance. Need to discuss with different small and big bag selling shops. To expand the business, you have to do business at a low cost first or through a ‘buy one gets one free’ strategy. The bags have to be made according to the market demand.
Different types of bags are priced differently according to the market demand. In that case, a calculation was discussed only to give the idea of profit and loss.
College Bag (1) Price – Rs. 170 / -, Office Bag (1) Price – Rs. 200 / -, VIP Bag (1) Price – Rs. 270 / -, Purse or Wallet (1) Price – Rs. 20 / – and Tiffin Bag (1) Price – Rs. 140 / -.
If 100 college bags, 150 office bags, 50 VIP bags, 100 wallets and 50 tiffin bags can be made in 2 months by 2 artisans, then the total value of all the bags will be Rs. 69,500 / -.
The two artisans have a monthly salary of Rs 7,000 and the cost of raw materials for making bags is around Rs 30,000. The total monthly profit is 69,500 – (30000 + 14000) = 25,500 / -. This amount of profit will be in the initial stage of starting the business. However, if the market demand increases, a profit of at least 50 thousand rupees per month can be seen.
So it can be said that the business of making jute bags is lucrative. However, there is a possibility of loss in this case. The market is dependent on product demand. Any business means profit – there must be a risk of loss. If you can do business properly, you too will become a big business in a short period and you will be able to make yourself self-reliant from unemployed life.
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