Business Idea: As soon as you start this business of coconut, you will start earning a lot!

New Delhi. If you are looking for a new business, then we have brought a great business idea for you. This is the business of such a thing whose demand remains in the market throughout the year. At the same time, it is used from food to medicine and beauty products. Actually, we are talking about the business of coconut oil here. You can get good profits by starting the business of extracting oil from coconut.

Let us tell you that coconut oil is easily available in every household. Coconut oil is used for different purposes due to its properties. Let us know how you can start its business.

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How to start business?
You can start coconut oil business anywhere in the village or city. For this you will need coconut as raw material. Apart from this, for the process of extracting oil, you need wood press machine, HP motor, filter machine, storage tank etc. You can prepare its setup as per your convenience. From where the oil can be supplied in the market after it is prepared.

This is how coconut oil is prepared
If we talk about the process of making coconut oil, then it starts with grinding coconut by putting it in a wood press machine. After grinding finely for a long time, it is crushed and oil is extracted from it. During this the oil becomes very hot, so it is left open for some time to cool down. After cooling it is cleaned by putting it in the filter machine. Then it is filled in bottle or big container and supplied in the market.

Cost and earning in this business
If you are thinking of starting this business, then for this you will have to spend a lot of money to buy the machine. All the machines for this small scale business come in Rs 5-7 lakhs. At the same time, to start this business on a large scale, you may have to spend up to Rs 15-20 lakhs. However, you can also take a loan to start this business under the PM Mudra loan scheme. While talking about earning from this, you can earn up to 3 lakhs annually by taking out all the expenses from this business.

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