How to Start Rakhi Making Business in India 2021

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Start Rakhi Making Business in India 2021: Hello StartupCrow Reader , today we will discuss about Rakhi Making Business in India 2021.

Rakhi is one of the most popular business ideas with low investment. Rakhi Making Business is a small-scale business which can be started from home.

Rakhi making business in Raksha Bandhan festivals is a great way to fill your pocket with some extra cash, do you know Rakhi’s business is one of the famous small-scale business industries of India.

Many states of India are encouraging such small-scale businesses for women empowerment in India. Even the Indian government provides much financial assistance for this home-based business. Making Rakhi for women, housewives and students is the best source of income.

There are so many types of Rakhi is available in market like traditional Rakhi is made from ordinary silky thread and others as given below-

  1. Rakhi with cartoon photos.
  2. Musical Rakhi
  3. Zari Rakhi
  4. Rakhi in jewelry form.
  5. Bracelet Rakhi
  6. Rakhi with God’s idols
  7. Flora Rakhi

Importance of Rakhi in Raksha Bandhan festivals

India is known for its traditions, culture, and festivals, Raksha Bandhan is a very good festival celebrated in all the states of India, and foreigners affected even by Indian culture all over the world.

Raksha Bandhan festival symbolizes love and bond between brothers and sisters. During the festivals season, millions of rakhi sold worldwide. You do not need to target large markets in this business, small markets can give you big profits.

Rakhi Making Business

Those who want to start a Rakhi business from home, they can take up to 10000 to 1 lakh with very little investment.

But it is a seasonal business, so along with Rakhi, you can make the Friendship band, fashion band using the same material that is used to make Rakhi with the same investment.

Rakhi is free from VAT, so you can get a license from local municipal officers, you can get financial assistance from other government schemes like all authorized banks.

Rakhi Making Business – Material Required For Making Rakhi

There are some Material Required For Making Rakhi, given as below –

  • Color silky threads
  • Pearl and Kundan
  • Toothbrush.
  • Satin ribbon
  • Glue, scissors
  • Bangles
  • Craft items to decorate Rakhi.
  • According to the latest trend, small God’s statues, Rudraksha, cartoon character.
  • cotton thread.
  • knife
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Making procedure of simple traditional Rakhi

Rakhi Making Business – Making procedure of simple traditional Rakhi are as follow –

  • First, take a bunch of silk threads, make colorful rakhi from the multi-colored thread. Usually red and yellow traditional colors are used to make Rakhi. You can also use gold thread or strand. The length of the thread should be 30 “long. You have to tweet half the length of the thread. Then build a tight knot in a quarter length by using cotton yarn.
  • Cut the loops of turned threads and fluff from a strict brush to the open ends. – Now divide the long part of the thread into two parts and plot it in a manner.
  • Bind the ends with cotton yarn and fluff the open end. These two wires come to work
  • You can decorate the upper part with sequins, beads, or idols of God.

Rakhi Making Business – Pricing for Rakhi Products

It is very important to determine a profitable and attractive price to achieve success in any business. Therefore, you should always start with determining the appropriate price keeping in mind the investment value spent on making Rakhi.

Successful Marketing Strategy

  • During the period of the festival, start preparing Rakhi from 6 to 4 months before the festival with stock.
  • Study a complete market on this business, find the type of Rakhi, which is very demanding. Make market research on pricing for distributors, retailers and customers.
  • Looking at Latest Fashion Product because the customer will also increase and the cell will increase
  • Rakhi’s business is seasonal, therefore, with the objects made by the material made by the materials used to make the start of friendship band, decorative bands like alternative products.

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