New Delhi: Due to their harmful effects on the environment, the use of plastic straws has been under attention recently.
Read More: Cryptocurrency Price Today: Bitcoin Remains Above $26,000 Mark As THORChain Becomes Top Gainer
Because they cannot biodegrade, plastic straws add to pollution and ocean debris. As a result, there is a rising need for environmentally friendly substitutes like paper straws. If you want to start a sustainable business, consider the profitable possibility in the paper straw manufacturing industry.
This article will go over how to start a paper straw manufacturing business, why paper straws are so popular, the advantages of running a paper straw enterprise, various types of straws, the raw materials used to make plastic straws, the equipment needed to make paper straws, and the steps involved in obtaining a licence for a paper straw unit.
Paper Straw Making Business: Why The Venture Is In Demand These Days?
Paper straws are now frequently used because of their eco-friendliness and biodegradability. In contrast to plastic straws, which take hundreds of years to break down, paper straws decay in a matter of weeks or months.
Paper straws are a sustainable alternative because they are created from renewable materials.
Read More: Ashok Leyland to Invest Rs 1,000 Crore to Set Up Its First Plant in Uttar Pradesh
Consumers are increasingly likely to select eco-friendly goods these days, including paper straws, as a result of growing awareness of the harm that plastic has on the environment.
The demand for paper straws has risen as a result, and the production of paper straws is now a lucrative industry.
What Is A Paper Straw-Making Machine?
A piece of machinery used to make paper straws in bulk is called a paper straw maker. It is a completely automated machine that can create a variety of paper straws in various sizes, colours, and shapes, including straight, flexible, and wrapped straws.
Paper Straw Making Business: Investment Details
As per the KVIC reports, the paper straw-making business seeks an estimated amount of Rs 19.44 lakh. You have to only invest Rs 1.94 lakh from your packet. The rest amount will be funded by a term loan.
Read More: Gold, Silver Prices Today, September 16: Check Bullion Rates In Your City
Paper Straw Making Business: Profit
If KVIC reports to be believed, one can earn around Rs 80,000 per month.
