Overview
Candles Manufacturing: Industry Overview
The candle manufacturing industry has seen remarkable growth, driven by increased demand for scented, decorative, and therapeutic candles. Whether for home décor, special occasions, or aromatherapy, candles remain a popular product worldwide. The use of natural ingredients like beeswax, soy, and essential oils has also grown as consumers seek eco-friendly and health-conscious alternatives. With innovations in design, fragrance, and sustainability, the candle manufacturing sector presents lucrative opportunities for entrepreneurs and established manufacturers.
Subsidy Benefits for Candle Manufacturers
Subsidies for candle manufacturing businesses help cover the high cost of raw materials, such as wax, wicks, fragrances, and dyes. The financial aid can also be used to purchase specialized machinery for molding, pouring, and packaging candles. Additionally, subsidies support businesses in expanding production capacity, improving product variety, and adopting sustainable production methods.
Who Can Apply for Subsidy?
• New candle manufacturing businesses.
• Established manufacturers aiming to expand production or diversify their product range.
• SMEs looking to invest in innovation, design, or eco-friendly production techniques.
• Entrepreneurs targeting both domestic and international markets.
Eligibility and Document Requirements for Subsidy
1. Business Registration: Proof of legal business registration (e.g., incorporation certificate or partnership agreement).
2. Manufacturing Setup: Documentation proving your manufacturing unit’s existence and equipment.
3. Financial Statements: Recent profit & loss statements and balance sheets.
4. Sustainability Practices: Evidence of using natural or sustainable materials, if applicable.
5. Tax Compliance: GST or VAT registration documents and tax records.
6. Subsidy Application Form: A completed form with a detailed business plan and intended subsidy use.
Why Choose Dhannaseth for Your Candle Manufacturing Subsidy?
At Dhannaseth, we offer expert support to guide you through the subsidy application process, ensuring that you can scale your candle business efficiently and effectively. With our dedicated team, you’ll receive tailored solutions to help you grow and succeed in the candle manufacturing industry.
Document
To apply for the Food Processing Scheme, the following mandatory documents are required for new enterprises (Individuals/Firms) as outlined in the manual
1. PAN Card of concerned/all promoters.
2.Aadhaar Copy & Photo of all promoters/guarantors.
3. Address Proof: Any of the Officially Valid Documents (OVD) such as:
o Utility bill (not more than two months old) from any service provider (Electricity, telephone, post-paid mobile phone, piped gas, water bill).
o Property or Municipal tax paid receipt.
o Ration Card (Individual).
o Driving Licence
o Aadhaar Card.
o Voter ID Card.
4. Details of the site where the unit is to be established, including whether it is owned/rented/leased, along with proof (Lease/rent agreement should be for more than the loan repayment period).
5. Photocopy of Bank
6. Estimates and Quotation of all capital expenditure and machinery and equipment to be purchased. Statement/Bank Passbook for the last 6 months.
For existing enterprises with a turnover of less than 1 crore, similar documents are required, including PAN Card, Aadhaar, address proof, and site details.
If you need more specific information or additional documents, please let me know!
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- “We help you understand your industry better by providing up-to-date research on trends, demand, and new technologies, so you can make informed decisions.”
- Connecting with Suppliers and Buyers
- “We connect you with trusted suppliers and buyers, making it easy to find quality machinery, materials, and sales opportunities to grow your business.”
- Access to Industry Experts
- “Get advice from experienced industry experts who can guide you on best practices and strategies tailored to your specific needs.”
- “Find the right machinery for your business, with detailed information on suppliers, types, and uses to help improve your production.”
- Sales and Distribution Support
- “We help you connect with the right sales channels and distributors, so you can expand your market and reach new customers.”
