Stories
Start Wooden Toy Business in Chitrakoot with Low Investment and Subsidies
- •Chitrakoot is recognized for wooden toys under the One District, One Product scheme, offering great market potential due to high religious tourism.
- •The initial investment to start a wooden toy business ranges from 2 to 3 lakh rupees, covering wood, decorative items, and necessary equipment.
- •The District Industries Department provides free tool kits, training, and financial assistance including up to 25 percent subsidy on loans up to 25 lakh rupees.
- •Local entrepreneurs are also supported by being sent to trade fairs and exhibitions like the UP International Trade Show in Noida to promote their products.
Key Questions Answered
Starting a wooden toy business in Chitrakoot requires an initial investment of approximately 2 to 3 lakh rupees, which covers wood, decorative items, and necessary equipment. Additionally, the District Industries Department provides many tool kits free of cost along with training for new entrepreneurs.
Eligible entrepreneurs starting a wooden toy business can receive up to a 25 percent subsidy on loans reaching up to 25 lakh rupees under government assistance schemes. Local businessmen are also supported by being sent to exhibit their products at trade fairs and stalls across the state and country.
Kuraiya wood is utilized to manufacture traditional wooden toys in Chitrakoot, though it is not easily accessible. Because raw material availability can be challenging, officials emphasize ensuring a steady supply of this wood before launching the business.
