A profit-making small business that you can start from home with Rs 10k investment
Today, tens of thousands of people are considering starting their own business, and for good reasons. On average, people can expect to have two and three careers during their work life. Those leaving one career often think about their second or third career move being one they can run out of their own home. Baking is a popular type of food service and it does not require much capital you can start your own business in just Rs 10,000.
You do not need any kind of place or shop to start this business. You can start it from your home very easily. It does not take long to bake bread. It is prepared in a very short time and with limited ingredients i.e Wheat flour or maida, salt, sugar, water, baking powder or yeast, dry food, and milk powder.
With the increase in social awareness and standard of living, the demand for prepared foods has started to increase. At present, the bakery industry is also important industry under rural development and its demand is likely to increase manifold in the future. India is a major manufacturing house for bakery products and is the third-largest biscuit producer country after the United States and China.
The Indian bakery sector includes some of the larger food categories such as bread, biscuits, and cakes. 17,000 crores in the last financial year and is expected to grow at an extraordinary rate of 13.15 per cent in the next 3.4 years. Rising urbanization and disposable income are the major factors driving the demand for bakery products.