Start a Mineral Water Business – Your fascination to start a mineral water business in India could prove to be a good idea, as most of the people nowadays prefer to drink mineral water. Purified mineral water is very good for health also. So opening a mineral water business has a good business option in this health conscious world!
However, before you decide to start a mineral water business in India you have to do a good market research, competitor analysis and see what are all the major things like laws, rules, licenses, machinery, etc. involved in such a business undertaking.
The research that you will conduct will help in getting answers to queries like the type of packaged drinking water that is to be produced, the most appropriate location, and how much the product is to be priced in the market etc.
How to Start Mineral Water Business
The Business Plan
After doing a good market research, your next action is to prepare a business plan targeting your desired market. This business plan should contain details like sources of fund, marketing strategy, targeted customers, financial projection, staff requirement, management team, policies and procedures, objectives, mission and vision, a location of the business and most importantly the type of business entity.
How to Raise Funds for a Business
Business Registration
If you are planning how to start water bottle business in India, then you must decide on the type of business entity for the company registration that you will choose as a business model, that can be private limited company (pvt. ltd.), LLP, OPC, partnership and sole proprietorship etc.
Then you must secure registration by making an application to Ministry Of Corporate Affairs In India. After that you can apply for the Trademark Registration in India. In India after business registration you become eligible to get benefits of schemes introduced by the government.
License and Permit
You will have to apply to get the license from Food Safety and Standards Authority of India (FSSAI) of the state where the business will set up. There will also be a need to obtain the business permit from your state health department that comes under Ministry of Health and Family Welfare.
The Supplier
To supply packaged water to the customers you need water bottles in which you will store the mineral water. You can get water bottles from the local supplier who manufactures water bottles in your city. You can get the list of suppliers by phone directory or by searching on the net.
Location for your Business
You must search and find the locality that is not far from the market area, have sufficient power supply, water supply and a good road accessibility. The building that you choose or construct should have plenty of space to separately set up production and office area. The production facility should be in compliance with the standard provided by the government bodies.
Machinery and other Accessories
You need to have all the required machinery and accessories to run your mineral water business. You can get the machine and accessories on a lease, rent or buy them by making proper arrangement of funds. Few items that could be required for this business are-
* Generator and inverters
* Water storage tanks
* Water filling pipes and machines
* Water treatment machine or RO water purifying system
* Conveyors, sealers and bottle loaders
* Water sterilizers and dispensers
* Trucks, mini trucks, lorry, van, eRickshaw
Staffs, Employees
The business of bottled water can be considerably complicated and cannot be done by 2-3 persons. So, you will have to recruit persons from your locality, by giving ads or by recruitment agencies and train them to generate high production and contribute to the success of your mineral water business. You will also need a clerk or accountant and a manager to manage the back office.
How to Grow
In the early stage of this mineral water business, you should consider selling packaged water locally or in the selected areas of a city to get a good brand image and goodwill, and then expand later.
You can contact hotels, restaurants, bakery, event companies and business organisations, etc. in your city and convince them to use your packaged drinking water. You should make an endeavor to provide the quality services that your competitor is unable to deliver to the local customers.
Once you make a mark in the local market then slowly you can move to bigger market. Packaged drinking water Idea is the most highest paying business idea. If you wish to become successful in this industry then follow all the rules and always aim to step ahead of your competitors, and never lose hope.
