If you want to start some unique business in your city, then today we have brought a great business idea for you. You can start track suit business. These track suits are very comfortable to wear. You can also carry these to protect yourself from cold. These track suits are considered perfect for gym and running. There are very few track suit shops in cities. The track suit market is gradually increasing. Therefore, there are opportunities for earning in this also. In view of this, Khadi and Village Industries Commission (KVIC) has prepared a report on track suit manufacturing. In which the accounting of project cost and profit has been described.
You get a lot of convenience in track suits, from working out to doing yoga. Experts also believe that you should wear comfortable outfits while exercising. Many people use track suits for exercise and running. Its demand is increasing day by day everywhere in big or small cities.
Start track suit manufacturing business
Track suits are usually made from cotton, nylon, polyester synthetic fabrics. It can be washed easily. The task of making a track suit is simple and easily manageable. According to the report of Khadi and Village Industries Commission (KVIC), track suit manufacturing business will start at Rs 8.71 lakh. This includes Rs 4.46 lakh on equipment and Rs 4.25 lakh for working capital. If you do not have money to start a business then you can take a loan from Pradhan Mantri Mudra Yojana. Under this scheme, one can easily get loan up to Rs 10 lakh to start a non-corporate small scale business in rural areas.
Production and profits
According to KVIC report, 48,000 tracksuits can be made in a year. At the rate of Rs 106, its total value will be Rs 51,22,440. At 100 percent production capacity, total sales can be Rs 56,00,000. Gross surplus will be Rs 4,77,560. According to the report, after deducting all the expenses one can easily earn Rs 4,33,000 annually. That means you can earn up to Rs 40,000 every month.
What is called track suit?
Track suit is a special type of garment. Which is used as outerwear. It is usually worn by players and joggers. It is also worn to keep one’s body warm in cold weather. Be it gym or morning and evening walk, people will be seen working out wearing track suits.
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