Starting a fruit juice business in India can be profitable and revitalizing. Given the nation’s expanding health-conscious population and rising demand for natural and nutritious beverages, the fruit juice market offers a potential prospect for aspiring business owners. To effectively start this adventure, one must do extensive market research, choose a wise location, buy premium fruits, invest in cutting-edge juicing equipment, follow food safety guidelines, and create a compelling brand and marketing plan. Entrepreneurs can capitalize on the enormous market potential and build a successful company in the rapidly developing Indian beverage industry by providing enticing and healthy fruit juices.
In accordance with the market scenario in 2012, this industry was generating revenue of around USD 3.5 billion, and it is estimated that it will reach around USD 21.14 billion by 2018. By figuring out the growth of the fruit juice business in India now, many international juice brands are willing to invest in the market. This industry also provides a great opportunity for small people in business looking to invest low and earn high returns by providing an option for franchise aspirants.
A higher amount of capital is not required to initiate this business. Investment in capital equipment and raw material depends upon the scale of the business.
This business can be initiated in two different ways, as described below:
Instead of running towards the fast-food culture, it is the best way to make yourself habitual of fruit juice as it contains vitamins, electrolytes, and good sugars. It is basically in a readily bio-available form.
The following Licenses and Permissions are required in setting up this process:
Launching a fruit juice business in India takes thorough preparation, perseverance, and a concentration on quality and client preferences. Aspiring business owners can profit from the expanding market for healthy and natural beverages by adopting the proper strategy and following industry standards. A fruit juice firm may thrive in India’s competitive market by consistently innovating, assuring consistency in taste and product quality, and utilizing efficient marketing methods. Adopting sustainable practices and the trend towards health consciousness can increase sales while also cultivating a devoted following of clients. Fruit juice businesses are expected to increase in the future, and individuals that enter this field with a strong sense of commitment and passion are likely to experience a rewarding and fruitful entrepreneurial journey.
A fssai registration licence is required for the applicant in order to launch a fruit juice business in India. To avoid fines if your licence expires, you should also apply for an FSSAI licence renewal.
Food Safety and Standards Authority of India (FSSAI). For the purpose of operating a food business in India, a licence from the FSSAI is required. Having an annual revenue of up to Rs. 12 lakhs, a food firm simply needs a basic FSSAI registration.
India has a number of laws in place to assist in guaranteeing that the food sold there is hygienic and safe. One of the most fundamental and significant of that legislation is the FSSAI Act.
The licence or registration under FSSAI is broken down into three categories: FSSAI Central Licence. State FSSAI Licence. State Registration with FSSAI.
The State Governments grant Shop and Establishment Act licences or registrations, and this differs between States. Therefore, the appropriate State Government authority must be contacted in order to get a Shop and Establishment Act Licence based on the State in which the business is located.
A licence entitles the licensee to use specific resources to produce and/or market a specific product in the host nation. In a business arrangement known as licencing, one company grants another company the right to manufacture its product in exchange for a set fee.
According to Chapter/Heading No. 2009, all fruit juices are subject to GST at 12% (6% + 6%). There is a small-scale exemption of Rs. 40 lakhs. There is no ST because it is a sale.
Fresh or chilled fruits and vegetables are exempt from tax under the GST, which is consistent with the previous VAT laws of the various states. As a result, products that are brand-new and unprocessed and are purchased directly from an agriculturalist, dealer, or merchant are exempt.
Individual members who work from home to produce or sell food for a cooperative society, Mahila udyog, self-help group, gruh udyog, or another type of government-registered organization.
All food business owners, including those running pharmacies or medical supply stores that offer nutritional supplements, must apply for an FSSAI licence or registration.
Read our article:All you need to know about FSSAI License for Milk Products
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