Many young entrepreneurs are planning to start fruit juice business in India due to the low investment of capital. Moreover, a big section of the Indian population likes to have freshly squeezed juice in a clean glass bottle free from preservatives and added colors.
Starting a fruit juice business in India is quite simple. In today’s article, we will help you with the steps you need to follow to start a fruit juice business in India. We will also be discussing the scope and advantages of starting a food juice business in India.
Scope of fruit juice business in India
In the past couple of years, the fruit juice business in India has rapidly captured the Indian market. As most people are switching to a healthy lifestyle and healthy food, they include fresh fruit juice in their periodic diet chart. According to a report, the fruit juice business in India can become a 21 billion dollar market by the end of this year.
How to start fruit juice business in India
Research about the popular flavors
The production of the fruit juice business in India has to be in accordance with FSSAI guidelines. However, most sellers add various food colors, extra sugar, preservatives, and flavors to their juices. You also need to apply for FSSAI Registration in order to conduct any food business in India.
So, before starting a business, you should take feedback from fellow businessmen and prepare a juice flavor according to proper research and feedback.
- Production location
When selecting a business location, you need to keep in mind the availability of basic features like electricity, water, road, and manpower.
- Formulate a business plan
You need to carefully craft a business plan and project report keeping in mind your expenditures and earnings. With a good business plan, you will be able to properly manage your business and take care of any financial challenges. You will also be able to get a business loan from the bank if you have a good business plan.
Apply for Registrations
Before starting a fruit juice business in India, it is important that you obtain various licenses and registrations. Now let us discuss the various permits required for establishing a business:
All types of juice businesses have to register with the department of food safety and standards authority of India. The authorities will test the juice bottles for safety purposes and various other parameters.
With the introduction of GST, all the businesses that supply goods and services and whose annual turnover is beyond the minimum amount have to apply for GST registration and also need to opt for GST return filing.
The business owners need to get the trademark registration to ensure production against their business name as well as the business logo.
Some of the other licenses and registrations required for starting a fruit juice business in India are:
Online Company Registration
Businesses in India need to register with MCA in order to conduct their business. Formalizing your business through the process of incorporation is what an online company registration entails. Having a business license indicates that you have the legal authority to conduct your own business. Today, it is a vital part of the startup process.
Buy raw materials and machinery
This section is the expensive part. Here you have to spend your capital carefully and not buy extra things for your shop at the very beginning. Some of the basic instruments you may buy for starting a fruit juice business in India are:
- A counter
- Mixer and juicer
- Cash and billing machine
- Manual peelers
- Table and chair (If you are going to a cafe)
- Ice machine
- Empty bottles, packets, and labels
- Automatic bottle away
- A list of the popular raw materials includes fruits, vegetables, dry fruits, sugar, and many more.
The next step is to hire manpower for your business. A new startup might require an accountant, peeler, sales staff, waiter, and delivery executive. However, it is not necessary that you have to hire so many people. If you are just starting a business and you are short on funds, you can do all these tasks on your own or you can also outsource them online. For example, Online Bookkeeping and Accounting Service Can offer you several benefits.
The last and final step is the marketing and advertisement of your fruit juice business. You can share pamphlets in newspapers or you can post them on social media. At the very beginning of your business, you may offer various discounts and coupons to attract more customers. You can also utilize Website Development to attract an online audience and build a solid brand reputation.
Now if you have religiously followed all these steps, you are ready to start a juice business in India. All these above-mentioned steps are necessary, so do not skip any of these steps.
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