The Khadi and Village Industries Commission (KVIC) has prepared a report on setting up the manufacturing plant of Vati Gutika. Its project cost is about 5 lakh rupees and if you apply for a loan under the Prime Minister Employment Generation Program, then you should have 50 thousand rupees, the rest 90 percent will get you a loan.
How much will it costAccording to the project report of KVIC, the cost of your project will be around 5.06 lakh rupees, which includes machinery-equipment, working capital, workshop rent etc. In this cost, you will prepare about 20 thousand Vati Gutika in a year.
Building rent of Rs 2 lakhs per annum, Rs 2.10 lakhs on equipment, Rs 96 thousand for working capital, Raw material expenditure Rs 3.35 lakhs, Labels packaging Rs 25 thousand, Salary Rs 4.25 lakhs, Administrative expenses Rs 1.50 lakhs, Overhead 1.50 lakhs Rupees, miscellaneous expenses 10 thousand rupees, loan interest of 66 thousand rupees. The total working capital required (annually) will be Rs 4.18 lakh. Variable cost will be Rs 7.38 lakh and working capital quarter will be Rs 96 thousand.
How much will you earn
In the project report, you have to tell how much you will get annually. For example, your cost of production from fixed cost and variable cost will be Rs 11.54 lakh. You have targeted to make 20 thousand Vati or Gutika and if you sell it for Rs 75 per piece, then your total annual sales will be Rs 15 lakh. You can get a profit of about 3.45 lakh rupees. That is, you can earn around 30 thousand rupees every month.
How to apply for loan
If you want to take a loan for this project, you can apply online or contact your district's District Industries Center or Khadi Village Industries Commission's District Office.