They are the small business that typically refer to the companies employing less than 500 employees and having revenue lesser than 25 million annually. Presently, incense stick market have been rising in India and there are over thousands of incense
May 12, 2014 (Newswire.com) - Small medium enterprises in India have gained momentum in this competitive market. They are the small business that typically refer to the companies employing less than 500 employees and having revenue lesser than 25 million annually. Presently, incense stick market have been rising in India and there are over thousands of incense sticks manufacturers operating in this domain. They all are using technologically advanced machines to develop aromatic incense in variety of fragrances. To set up the small size business of incense the all you need is approval license from the Indian Government for the manufacturing of incense. Today, it's easy to get loan from the banks to set-up small size business that will help you to purchase efficient machines, and raw ingredients required in the manufacturing of incense sticks.
As per the market experts, incense market has a great future ahead, as India based incense sticks suppliers and manufacturers are making consistent efforts to improve their quality so as to stand their forte in the international market. This sector holds the potential of giving mass employment to the rural people, therefore Indian Government supporting this industry with its full consent. Due to the support of Indian Government, the annual export ratio of this industry has also improved. There are several companies producing variety of sticks of incense with the purpose of export due to higher profit margins involved in it. The most popular fragrances of sandalwood incense sticks and flowers like rose, lavender, jasmine, etc. are quite popular in the foreign markets. Therefore, most manufacturers are creating these incense using best quality aromatic fragrances, skilled labor and high-end machinery.
Industry experts reveals that, most of the time basic level preparations of incense are done at home or usually in a small setup which includes mixing of ingredients and placing them on a bamboo stick, etc. However, the next level of steps like adding advance features of low smoke, aromatic fragrances and packaging, all are done in a factory. Thereafter, to protect it from damages companies give more emphasis on their packaging process where in they ensure incense sticks are packed in attractive cardboard box. So, the mentioned facts represents that incense industry requires man force to accomplish a variety of tasks being it's rolling of material, addition of fragrances, or packaging. Predominantly, incense industry is creating employment for a large number of rural people, especially women seeking source of income. Many reputed brands of incense play a leading role in empowering Indian rural families by training them in incense making across the states including Bihar, Tripura, Maharashtra, Karnataka and several other areas.