Updated: Jul 24, 2020
How to start paper plate manufacturing business?
There is really and amazing increasing demand in the paper plate, paper cup paper bag manufacturing business
Worldwide many of the government has banned the plastic uses because of the pollution increasing massively that's why there is an increasing demand for paper making business.
Already I have mentioned paper bag and paper cup manufacturing business ideas. now we are going to get the detailed information about paper plate manufacture business.
Step by step guide to paper plate making business
Labour and training
Licence and documentation
Sell it online and offline
Promote your product.
In the old age glass Steel and ceramic material we were using for serving food. Now the time has changed and lifestyle also. We are using paper plates as an alternatives.
three of these ideas needs different machineries and making process.
You will have to just make a market survey in your local market which type of competitor and dealers are available and what are they offering to retailers.
then we will get a exact idea of manufacturing business.
paper plates available in market with different sizes and varieties we just need to fulfill the demand of the market.
that's why we will have to decide what type of machineries we will have to purchase.
paper plate used by mainly offices, event planning, wedding planners, birthday planning and many more occasions.
As we all know paper plates mainly used in parties and functions because they are disposable crockery.
we will have to contact to the suppliers and wholesalers to sale our product in bulk quantity or in retail to customers.
Raw materials for paper making
do you know what type of raw material they used in paper plate, cups and saucers manufacturing.
They use greyboard, mailboard, craft paper, grease proof paper.
That's why it is disposable in nature and have attractive designs on it.
If you are starting your business on large scale then you will need to install a manufacturing plant for it. Your total capital investment would be around 11 lakh rupees.
Plant and machinery cost 200000 rupees
Working capital 4 lakh rupees
Capacity 21000 nos per day.
Return 35% approximately.
Requirements for paper plate manufacturing .
you will need a 500 square feet area to establish your machinery.
if you have that much space in your house then you can start your business from your home also.
electricity is the main importance of the business because without electricity you cannot run your machines and you cannot manufacture your paper plates.
that's why you should to install your machine where electricity is available all the time.
Raw material and machinery:
these are the main aspects of the manufacturing business. whenever you buy a machinery from dealers make sure to buy raw materials also from there.
and also ask them other raw material dealers contact numbers and locations in your local area.
Machinery cost is starting from 1.5 lakh rupees to 7 lakh rupees also.
you have to choice your machinery on the basis of production capacity and the market demand.
Labour and training:
whenever you by manufacturing machines from dealers and wholesalers they will also give you training to start the machine and run it.
Suppliers will also provide your raw material list and training manual to avoid difficulties and problems in future.
Normal manufacturing machine can manufacture 2000-3000 plates per hour.
if you work 8 hours a day then you can produce 16000 plates per day.
now calculating the profit margin, if we consider 50 paisa profit margin per plate then you can earn 8000 rupees per day.
If you want to fulfill the market demand then you will have to manufacture variety of paper plates with size and colours also.
you can manufacture different size and different colours paper plates with the same machine.
whenever you get an extra bulk quantity orders from customers you can ask them to pay advance money to purchase raw materials from the market.
it will reduce the risk of your own money.
Note that polythene sheets are used in the paper plates manufacturing to make it leak proof.
Licence and documentation required for the paper plate manufacturing business
Whenever you start any new business in any industry it is good to get a licence for the business because.
you will get an offers and schemes by the government also but if you have any licence.
Registration of firm:
you can register your company as a one person company or in partnership. it is also called as proprietorship and partnership.
don't worry whenever you buy manufacturing machine the supplier will provide your GST number.
Trade licence :
you will have to register your trade licence from your local authorities.
MSME and SSI registration:
this type of registration will help you to get benefits from the government schemes and offers.
in the paper plate, paper cup, paper bag manufacturing business you don't need to to get too much licence and authorities.
in this business you only need GST registration and if you want to register your company with your logo and brand then you can register also.
You can start your business in small scale then you do not need to take any permission.
but make sure whenever you are going to purchase the machineries you will get the licence and permits with the cost of machine.
Loan and subsidy for paper plate making business plan in India
You can get loan from nationalised banks like State Bank of India or Central Bank of India.
Surely mortgage is needed for this. If you have then proceed for the further documentation.
You will get a loan from Mudra Yojana also without collateral. But interest rate is 12%.
Rather than all of this here I am mention some 5 government schemes that will provide you loan and subsidies for your small scale business.
MSME business loan
Credit guarantee fund scheme for micro and small enterprises.
National Small Industries Corporation Subsidy
Credit Link Capital Subsidy Scheme for Technology Upgradation
These institutions will provide you loan and subsidy also for paper plate making business.
Where to sell your paper plate making Products?
you can sell your products on B2B market websites and also b2c market website
such like in the B2B business there are alibaba.com indiamart.com tradeindia.com available.
and in the b2c market website there is Amazon, Snapdeal, Flipkart are available
You can create your own website to deliver your own brand to the customers. To do so you will have to register your website on the web.
You can also promote your product on social media marketing like Facebook, Instagram, Twitter, telegram groups, WhatsApp groups, Facebook groups and many more.
How to establish your own brand in this business?
you will have to just print your logo of your business name on your products.
And also you will have to provide quality material to the wholesalers and customers then and only then they will purchase your product again and again
To increase your sales in this paper plate manufacturing business you can do one thing.
you can approach to the the catering management, wedding planner management, event management agencies or you can visit their websites and can deal with your business.
This is small investment and high return business idea. I know you can do well.
To start any type of business you will have to invest your money that's why you will have to invest some money on machinery cost ,raw material cost, labour cost, electricity cost and much more.
Paper plate making business needs a minimum capital approximately 1.50 lac rupees.
You can start this business with minimal investment also.
Let me know which questions are in your mind about paper plate making business in comments.