Starting a new business in today’s market can be lucrative, and one such business idea is making raisins. During the summer, grapes are available at wholesale prices, making it an ideal time to start this venture. Raisins are made from grapes that undergo a process to transform them.
What you need to start
To begin, you will need to invest in machinery and raw materials. Grapes are the main raw material, which can be purchased from wholesalers or farmers in the area. You can opt for fully automatic or semi-automatic machines for drying grapes, depending on your budget. A packing machine is also necessary. Partnering with a company can reduce the hassle of market and licensing requirements. You will need to supply good quality raisins as per the company’s demand and earn money as per the agreement.
The investment you need to kick off
The initial investment in machinery can be recovered later, and government schemes can provide loans to purchase machinery. Raisins can be sold for Rs.250-300 per kg, and one kg of raisins can be made from four kg of grapes, resulting in a profit of Rs.50-120 per kg.
In short you can focus on the business like this.
– Raw material and machinery are the two main things needed to start a raisin-making business.
– Grapes can be bought from wholesale markets or directly from farmers.
– Both automatic and semi-automatic machines can be used to dry grapes.
– A packing machine is also required.
– Tying up with a company can help reduce the hassle of market and licensing.
– Good quality raisins must be prepared and supplied as per the demand of the company.
– The initial investment in machinery can be recovered through earning.
– Government schemes can be used to apply for loans to buy necessary machinery.
– Raisins are sold for around Rs. 250-300 in the market.
– One kg of raisins can be prepared from 4 kg of grapes, resulting in a profit of Rs. 50-120 per kg.
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