A paper plate business involves manufacturing plates that were made out of paper for serving food. They were considered an economical alternative to plastic plates.
With the ban of single usage plastic by several states as well as in Indian Railways. The demand for eco-friendly products such as paper plates has suddenly increased in India.
If you are looking to capture this moment by starting your own paper plate making business, then this is the right time for you.
Moreover, it is a proven low investment business with a good profit margin.
At the same time, schemes like mudra provides loans up to 10 lakhs for starting this business.
Resources Required to Start A Paper Plate Business
To start a paper plate business, you need to have some basic amenities such as land, machinery, raw materials, and labor.
On top of that, you need a good amount of money to start this business. Most of the people might not have lakhs of rupees initially to buy all those things and many approach banks for loans.
Land or Building for Rent
You don’t require huge land for starting a paper plate manufacturing business. A room with 250 – 500 sq ft is good enough.
This can easily fit your machine and have enough space for storing raw material and cardboard boxes for packing.
Land Requirement: 250 – 500 square feet
Cost of Rent:- approx. 8000 – 10,000 INR
Note:- it is better to choose a place within the radius of markets, shops, hotels, and business for easy transportation and marketing. Also make sure to check important documents, licenses, and permission available for the place you rent.
Current Supply
Electricity is important for running your paper plate making machine.
Before you choose a place to start the business, look at whether the location has a good power
Raw Material
The price of paper material required for manufacturing plates depends on various factors such as GSM, size, type, and quality.
These raw materials are available as rolls or sheets.
There are different types of raw materials used in making paper plates such as kraft paper, sitting plate, and lamination sheets.
Kraft paper is available in a range of 70 GSM to 200 GSM.
Sitting plates are available between 70 GSM – 140 GSM.
