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The silk trade of Bhagalpur is famous in the country and abroad. Clothes are made in areas like Nathnagar and Champanagar. Experts say that at least Rs 10 lakh is required to open a shop and it also gives good profits.
Bhagalpur. People are now focusing on business instead of getting trapped in the blind race for a job. Bhagalpur is famous for cloth trade. Especially there are many areas including Nathnagar, Champanagar, Hussainpur, Mojahidpur, Baijani where clothes are manufactured. Due to high profit margin in clothing business, savings are also high. That’s why people want to adopt it.
Know how to do business of Bhagalpuri silk
Actually, let us tell you that Bhagalpur is known for silk. The silk here is famous across the country and abroad. Because the silk here is completely different from other places. But have you thought that if you want to do silk business then how can you do it? How much does it cost? How much profit is there?
You can start by taking loan
When silk businessman Hemant Kumar was talked about this, he told that see, silk business is done in two ways. One which takes orders from capitalists and supplies goods. On the other hand, you can open your own shop and sell. He told that if you do business by taking orders from capitalists then you will not need to invest your capital. You will do good business with the same money.
At least Rs 10 lakh is needed for the shop
If you want to open a shop then you will have to invest at least Rs 10 lakh as capital. With this you can open a silk shop. For this GST paper and cell tax paper will have to be prepared. In this you will be able to take profit as per your choice. If you keep a margin of even 10% then you will earn good income. Rest you can earn more than this also. He also told that buying clothes from weavers leads to even more savings.
