Start this special paper company at a little cost, and you will surpass jobbers in monthly earnings!

 Start this special paper company at a little cost, and you will surpass jobbers in monthly earnings!

Banana plant bark or peel fibres are used to make the paper known as "banana paper." In comparison to normal paper, banana paper has a low density, high strength, high disposability, and high tensile strength.

In Delhi. We are providing you with a fantastic business idea today if you are also considering beginning your own company with little capital. Starting it for a very little investment can allow you to make good earnings. This business is unique in that the government will assist you in starting it as well.

Actually, the topic at hand is the manufacture of paper from bananas. Let us inform you that setting up a facility to manufacture paper from bananas might bring in a big salary. The Banana Paper Manufacturing Unit has been the subject of a report by the Khadi and Village Industries Commission, or KVIC.

What is banana paper, exactly?

Banana plant bark or peel fibres are used to make the paper known as "banana paper." In comparison to normal paper, banana paper has a low density, high strength, high disposability, and high tensile strength. The cellular structure of the banana fibre in this paper is responsible for this feature.

What will the price be?

You will require 16 lakh 47 thousand rupees to launch this firm, according to a KVIC analysis. To start this business, you don't need to spend a lot of money. Only 1 lakh, 65,000 rupees from your own wallet are required, and the rest may be financed. You will receive a term loan for Rs 11 lakh 93 thousand and Rs 2 lakh 9 thousand in working capital financing.

Loans are available via the PM Mudra Yojana

To establish this company, you may also apply for a loan under the Pradhan Mantri Mudra Loan Yojana. Loans of up to Rs 10 lakh are easily accessible through this programme for establishing or growing non-corporate small businesses in rural regions.