New Delhi. Amidst the corona virus spreading across the country, there is news that the outbreak of corona may increase once again in winter. The government has started preparations for this second peak of corona. In such a situation, the government has planned to buy one lakh metric tonnes of oxygen from abroad to provide oxygen to serious patients. In such a situation, you can earn good money by doing the business of oxygen cylinders. Let us tell you how you can start this business and how you will get its license-
Contact the manufacturer to start the business
To start a manufacturing unit of medical oxygen gas cylinders, you will have to contact its manufacturer. The manufacturer will give you all the information from oxygen manufacturing to cylinder filling. After this you can start your business.
These tools will be needed for production
To start this business, you will need flow measurement, oxygen mask, pressure gauge and cannula. Apart from this, before starting the business, you will also have to decide how you will set up this business. Also, it is important to have information about the market of this business.
License for Medical Oxygen Gas Cylinder Business
When any person starts any type of medical related business, it is important for them to ensure that they are fulfilling all the rules to get all the licenses. You cannot start this type of business without a license. For this type of business, you need a license at the state level.
You will have to register your business
Apart from this, you also need to take permission from the local board about where you are starting the business. Also, registration has to be done to start the business properly and legally.
How much will have to be invested?
Medical oxygen gas cylinder business is a big plant, which requires a lot of money to start. For this business, you have to invest at least 10 to 20 lakh rupees. You may need to invest more than this in this business. For this, you can take a loan from the bank.
How much will be the profit?
As everyone knows, these days due to the corona virus spread across the country, there is a shortage of oxygen gas cylinders across the country, due to which its demand has increased a lot. So in such a situation, you can earn a bumper income by starting this business.
How much is the risk?
Due to the high pressure in the oxygen gas cylinder, the risk in this business is also high. All the people working in this plant have to follow special protocols. You can earn lakhs of rupees through this business during the Corona period. Along with good earnings, you also have to take a lot of risk in this.
You can also earn money by selling it to the government
Let us tell you that according to the information received from the Ministry, the availability of oxygen was discussed in a meeting with the Cabinet Secretary on October 10, after which it was decided that one lakh metric tonnes of oxygen should be purchased from abroad. In such a situation, if you start your own business, then you can also sell it to the government at a good price.
Tags: how to earn money
FIRST PUBLISHED : October 17, 2020, 06:02 IST