Business Idea: There are many options available in the market to start a new business, which can earn a lot of money, but most people are not aware of such business. If you also want to start a new business, then we have brought an idea for you, which is guaranteed to be successful. Actually, here we are talking about the toy business.
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We get to see toys everywhere in the market. At the same time, children start insisting to buy them as soon as they see them. Let us tell you that the demand for toys is the same everywhere in the country. Not only this, the toy industry is also being promoted by the government.
In such a situation, you can also earn good money from this sector by starting this business. Now India does not import but exports. In the last few years, a good thing has been seen in the toy market. Earlier, about 85 percent of the toys sold in the country were imported.
Now this trend has changed and turned upside down. Now children of countries like America, Europe, Japan, New Zealand, Australia play with Indian toys. The import of toys in the country has decreased by 70 percent in the last 3 years.
At the same time
At the same time, there has been a bumper increase of 60 percent in exports. In the financial year 2018-19, India imported toys worth $ 371 million. In the financial year 2021-22, it came down to $ 110 million.
How to start a business?
It is not right to take a big financial risk in starting any business. Therefore, in the beginning you should start the business from a small level. Then you can gradually increase it. If you want to do toy business, then the business of making soft toys and teddy can be started easily from your home. You do not even need to invest much money in this business. You can start it even by investing only Rs 40,000.
How much profit will you make?
If you start a business of making soft toys and teddy on a small scale, then you will have to invest at least 35-40 thousand rupees in it. In this, you can easily make 100 units of soft toys and teddy with raw material worth about 15 thousand rupees. At the same time, by selling one soft toy or teddy in the market, you can easily get 250-400 rupees. In this way, if you sell one thousand units in a month, then you will easily get at least one lakh rupees.
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