These days oil is used extensively by people, due to which demand for different types of oils is increasing day by day. At present, the business of extracting oil from seeds is becoming very popular and successful in our country. If you want you can start this business and earn huge profit from it. This business will be more profitable if you are a farmer and if you grow different types of seeds of mustard, sunflower etc in your own field.
What is Oil Mill
In an oil mill, you grind the seeds and extract oil from them and then the oil is packed and sold in bottles. But, before starting a mill, you have to buy many types of machines and decide which oil mill you want to start, such as mustard oil, olive oil, sesame oil etc.
Type of oil in market
In India many types of oils are used for cooking and they are :
- Mustard oil.
- Olive oil.
- Refined oil.
- Sesame oil.
So, you have many options to open several types of oil mills.
Business level
You can start this business in small scale, medium scale industry and large scale industry.
- Small scale industry – 5 to 10 metric tons of oil is extracted every day in oil extracting mills.
- Medium scale industry: 10 to 50 metric tons of oil is extracted every day in oil extracting mills.
- Large scale industry: More than 50 metric tons of oil is extracted every day in oil extracting mills.