THE SOCIO- ECONOMIC SURVEY ON “PAPER CUP MANFACTURING UUNIT- MICRO SMALL & MEDIUM ENTRPRISES”- SPECIAL REFERENCE TO GODABANAHAL VILLAGE

SOCIOLOGY

Cup an open usually bowl-shaped drinking vessel, Tea cups and saucer play an important role to enhance the entire tea feast experience. Well, in some part of India, tea is served in earthen pots and glassware, but there is no denying the fact that nothing can replace a decent tea set. Tea cups were first imported by the East India Trading Company from China during the time of George IV of United Kingdom. This way, cups made of porcelain and clay began to manufacture in both, China and India. In the year 1750, a man named Robert Adams influenced the addition of handles to the cups. He motivated this new design because the traditional ones could sometimes be very clumsy. Paper cups are disposable cups made out of paper and lined with wax / plastic to prevent liquid from soaking the paper. Paper cups are made using food grade paper, which is hygienic and capable of storing both, hot and cold liquid for long times. With the rising awareness and rapidly changing life styles, the demand for paper cups as increase tremendously year on year. In this article a paper cup manufacturing unit in detail. Since the business would achieve turnover in excess of Rs. 66 lakh per annum. It is best to incorporate a company, with the business being registered as a private limited company. It would be easy for the entrepreneur to obtain a Bank loan. Scale –up quickly & have the ability to bring on partners. In addition to company registration, the business would also require GST registration for selling paper cups.Bank provides loans for paper cup manufacturing business under various schemes. A term loan of 10 lakh and a working capital of Rs. 15 lakh would be required for setting up the business. The loan can even be obtained under the ‘MUDRA’ loan scheme wherein loan up to Rs.10 lakh is provided by various banks & financial institutions without any collateral.

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