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Launch a Perpetual Business for 1.5 Lakhs: Year-Round Income & 35% Government Subsidy
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Start a Spice Business for 1.5 Lakh: Year-Round Earnings & 35% Government Subsidy!
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News18
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28-02-2026, 06:54
Start a Spice Business for 1.5 Lakh: Year-Round Earnings & 35% Government Subsidy!
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The spice processing unit offers an evergreen business model with year-round demand and low risk.
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Initial investment can range from 1.5 lakh to 10 lakh, requiring 100-200 sq ft for a basic unit.
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Mandatory licenses include FSSAI, GST, local trade license, and MSME/Udyam registration.
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Government's PMFME scheme provides up to 35% subsidy (max 10 lakh) and bank loan facilities.
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Products can be sold through local markets, supermarkets, and e-commerce platforms, fostering self-reliance.
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