New business ideas.

Branded and unbranded tracksuits are present in the market. People buy according to their budget calculations. The tracksuit market is now growing slowly. Therefore, there are many opportunities for earning in it. Because of this, the Khadi and Village Industries Commission (KVIC) has prepared a statement on tracksuit manufacturing, in which the calculation of project cost and profit has been given.

Tracksuit manufacturing business.

Tracksuits are very much in vogue these days. A tracksuit is also known as a warm-up suit. A tracksuit is a special type of garment used as outerwear, which is worn by sportsmen, and joggers. It is also worn to keep the body warm in the winter season. Be it gym or morning and evening walks, people are seen working out wearing tracksuits. If you are also planning to do such a business, then start the work of Tracksuit Manufacturing Business. Looking at the increasing trend of tracksuits, there is a good earning opportunity in it.

How much will the tracksuit manufacturing business start?

Tell you that the Tracksuit is specially made from cotton, nylon, and polyester synthetic fabric. These are easily washable. The work of making a tracksuit is simple and easily manageable. According to the report of Khadi and Village Industries Commission (KVIC), the tracksuit manufacturing business will start for Rs 8 lakh 71 thousand. This includes Rs 4.46 lakh on equipment and Rs 4.25 lakh on working capital.

Production and profit.

According to the news of KVIC, 48000 Tracksuits will be manufactured in a year. At the rate of Rs 106, its total cost will be Rs 51,22440. With 100% production capacity, a complete sale of Rs 56,00,000 can be made. The gross surplus will be Rs.4,77,560. According to the report, after deducting all the expenses, the annual income can be Rs.4,33,000. This means now every month will earn up to 40000 rupees.

The loan can be taken from PM Mudra Yojana.

If you do not have the money to start a business, then you can take a loan from the Pradhan Mantri Mudra Yojana (PM Mudra Yojana). Under this scheme, a loan of up to Rs 10 lakh is available for starting or detailing non-corporate small enterprises in rural areas. KVIC said that these figures are indicative and may vary from place to place. If the investment in the building is transferred to rent, the project cost will reduce and the profit will increase.

CONTENT WRITER- Aryan Kumar.

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