Recycling business is one of the best business ideas with full of opportunities having tremendous growth in India at a very low investment from (3-15) lakhs. The garbage or scrap magnitude is increasing day by day at a staggering rate.
In this article, we will discuss the Best 10 Recycling Business Ideas in a Low Investment. Not only this, at the end of this article we have also revealed an opportunity for you to earn Rs 1 Lakh-Rs 20 Lakh per month [Do not miss it].
- Aluminium Waste Recycling
- Food-Waste Recycling
- Waste Collection Centre
- Paper Recycling Business Ideas
- Electronic waste recycling
- Recycling of Scrap Gold
- Construction and reliable waste recycling
- Recycling of Tire
- Vermicompost Recycling Business Ideas
- Plastic Recycling Business
- An Opportunity to Earn Rs 1 Lakh to Rs 20 Lakhs per month
1. Aluminium Waste Recycling (One of the Best Business Ideas):
Aluminium is the most recycled metal in the world with the least risk. The usage of Aluminium is, widespread, and almost everybody is using it. If we talk about the most common thrown material, that will be Aluminium Cans. You need to collect all these used cans with various techniques and methods, and by taking it into your recycling plant and by shaping it into the new product you can make an immense profit of around (16-21)%.
The Investment amount will be required of around Rs 40 Lakhs to establish a decent plant size in 500 Sq. Meter. If you are having a partner in this business, it will help the entire operational process. You only need one engineer and five members team of experienced workers in the same field.
The collection of scrap can be managed by establishing bins, scrap centre and from Kabadiwala. The target market to sell this product in the industries, MSEs and vendors. You can expect your BEP (Break-Even Point) in just three years.
2. Food-Waste Recycling:
The most profitable industry in the world which produces a high amount of waste all the time. The food waste can be further processed into energy and power.
You can convert the food waste into fertilizers and own your brand. The availability of food waste in the market is enough with an abundant supply.
Practically you require very less investment and moderate profit of at least 15%. That’s why it can be considered as one of the best options.
3. Waste Collection Centre:
If you don’t have enough capital to establish a recycling plant, then you can develop your collection waste centres where the municipality or any group of people can drop of their scrap such as plastic, aluminium cans, food waste, papers etc.
You can sort it out and sell to the associated industries and other big recycling centres with a margin of 9-12% at least.
You all need is permission to set up, bins for collection, vehicles to come and pick up and an accessible location. With time, you will grow, and business will get its sustainability and scalability both.
4. Paper Recycling Business Ideas:
Paper recycling is the most simple, traditional and famous recycling business from the decades.
The paper is health-friendly, and because of this, its usage is always higher in demand and recycling keeps its supply available.
The business model is quite simple; the value chain is non-disruptive, availability of scrap is enough. So, to define the funnel for business is not a difficult task. You can recycle any paper scrap.
Also, You can invest in between Rs (3-15) lakhs based on your capacity, and start your paper recycling plant. What you all need is the authorization from state and local government and their respective departments, supply of electricity and water in your plant.
You can start Exporting after recycling as the global demand is also high and can multiply your profit. And you can make a profit of (11-16)% in the domestic market as well.
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5. Electronic waste recycling:
The waste which contains cadmium, phosphorous, lead etc. which came out from the electronic waste items is highly valuable and profitable. But due to some dangerous metals, you need to take some precautions and must have experts in your team. You have to take the clearance and make your documents ready as per the government norms.
It is also considered one of the best way to save mother earth by being eco-friendly with the holistic marketing concept. By taking some precautions, you can make a considerable profit with high ROI.
6. Recycling of Scrap Gold:
If the funding or the capacity to invest is less and is not able to own mines, then recycling of gold scrap is one of the profit-making business models.
You can import a scrap of Gold from Africa or go for local sourcing, and without denigrating or diminishing the quality of gold, you can recycle in your plant. WIth the remelting and reshaping, you can do the profitable business with the same purity of gold.
7. Construction and reliable waste recycling :
Generally, solid wastes are non-biodegradable and untreatable. You can collect these solid scraps from the construction sites and manufacture it into bricks.
After doing treatment of these wastes then after compressing the new shape can be given, which is stronger having a long life cycle. These bricks can be sold to the nearest construction houses in small units, and by signing the contract with builders, you can trade in bulk also.
8. Recycling of Tire :
Due to the high movement of vehicles on roads, there is a very high supply of Tire waste and its demand is also increasing day by day in the market. It consists of nylon, carbon and rubber, which diminished after a certain period and termed as waste.
We must not burn tires because it creates a lot of air pollution with the release of poisonous gases. The best thing is, recycle them and shape it into a new product and by selling them can make a considerable profit.
9. Vermicompost Recycling Business Ideas:
If you belong to tier-4 city or living in the village, then Vermicompost business can change your life financially and give you a considerable profit.
You need to collect the waste of animals, food, fruits, and vegetables or any biodegradable substance and dump in yards. The best source to collect such waste is from Mandi.
You need to invest five lakhs in machinery which can compost and convert it into fertilizer in an expedited manner. After dumping and processing of 3 months of such waste, you can sell this fertilizer nearly six times of total production cost.
You can increase the investment further and can own your brand of fertilizers.
The best part of vermicompost is, its price keeps doubling every three months due to an increase in its fertility.
Plastic recycling is one of the tremendous recycling business opportunity in India. The detailed guide to establishing a decent size plant is as under:
In an essential plant,
- The grinder would cost you Rs 80000
- Anglo would cost you around Rs 80000
- And the granule maker (second hand) would cost you Rs 3.5 to 4 lakhs including granule cutter.
- For electricity connection, you will have to pay 2 to 3 lakhs.
- The building construction would cost you around 8 to 10 lakhs.
- For dull, 20 to 50 thousand depending on the water level.
- You will have to take permission from the pollution control board for which they will take some fee.
- And weighing machine, sack stitcher, etc. for 20000 and some other expenses.
(Note- it does not include land, which is an essential factor, it depends on you that you take property on lease or buy it also of what price it is.)
Thus overall it would cost you around 20 lakhs.
The machinery, equipment, land, electricity, labor can be arranged in the only investment of around (3-15) lakhs based on the scale of your business. It falls under SME and considered as a small manufacturing firm, so easy to manage and operate with good knowledge of location and Kabadiwalas.
An Opportunity to Earn Rs 1 Lakh to Rs 20 Lakhs per month
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