Class 8 Exam  >  Class 8 Questions  >  what capital did mishrilal need to set up his... Start Learning for Free
what capital did mishrilal need to set up his jaggery manufacturing unit
?
Verified Answer
what capital did mishrilal need to set up his jaggery manufacturing un...
(i)Mishrilal needed mechanical sugarcane crushing machine run on electricity to set up his jaggery manufacturing unit.
This question is part of UPSC exam. View all Class 8 courses
Most Upvoted Answer
what capital did mishrilal need to set up his jaggery manufacturing un...
Capital Required to Set up Jaggery Manufacturing Unit

To set up a jaggery manufacturing unit, Mishrilal would require a certain amount of capital. Let's discuss the various aspects of capital required for this venture.

Land
- Mishrilal would need a suitable piece of land to establish his jaggery manufacturing unit.
- The land should be spacious enough to accommodate the necessary infrastructure and machinery.
- The cost of land would depend on its location and size.

Buildings and Infrastructure
- Mishrilal would need to construct buildings and set up infrastructure for his manufacturing unit.
- This includes the construction of storage facilities for sugarcane, jaggery making equipment, and other necessary structures.
- The cost of construction would depend on the size and complexity of the buildings.

Machinery and Equipment
- Jaggery production requires specific machinery and equipment such as crushers, boilers, and evaporators.
- The cost of these machines would depend on their quality, capacity, and brand.
- Mishrilal would also need to consider the maintenance and repair costs of the machinery.

Working Capital
- Mishrilal would require working capital to meet the day-to-day expenses of his jaggery manufacturing unit.
- This includes the cost of purchasing raw materials, labor wages, transportation, packaging, and other operational expenses.
- The working capital requirement would depend on the scale of production and market demand.

Marketing and Distribution
- Mishrilal would need capital for marketing and distribution activities.
- This includes promoting the jaggery products, packaging, transportation, and establishing a distribution network.
- The cost of marketing and distribution would depend on the target market and the extent of reach desired.

Summary
- Mishrilal would need capital for land, buildings, infrastructure, machinery, working capital, and marketing and distribution activities.
- The exact capital required would depend on various factors such as the scale of production, location, market demand, and quality of machinery and equipment.
- It is important for Mishrilal to carefully evaluate the capital requirement and plan his finances accordingly to ensure the successful establishment and operation of his jaggery manufacturing unit.
Community Answer
what capital did mishrilal need to set up his jaggery manufacturing un...
Who provides the labour in this case?
Attention Class 8 Students!
To make sure you are not studying endlessly, EduRev has designed Class 8 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 8.
Explore Courses for Class 8 exam

Top Courses for Class 8

what capital did mishrilal need to set up his jaggery manufacturing unit Related: NCERT Questions : The Story of Village Palampur?
Question Description
what capital did mishrilal need to set up his jaggery manufacturing unit Related: NCERT Questions : The Story of Village Palampur? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about what capital did mishrilal need to set up his jaggery manufacturing unit Related: NCERT Questions : The Story of Village Palampur? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what capital did mishrilal need to set up his jaggery manufacturing unit Related: NCERT Questions : The Story of Village Palampur?.
Solutions for what capital did mishrilal need to set up his jaggery manufacturing unit Related: NCERT Questions : The Story of Village Palampur? in English & in Hindi are available as part of our courses for Class 8. Download more important topics, notes, lectures and mock test series for Class 8 Exam by signing up for free.
Here you can find the meaning of what capital did mishrilal need to set up his jaggery manufacturing unit Related: NCERT Questions : The Story of Village Palampur? defined & explained in the simplest way possible. Besides giving the explanation of what capital did mishrilal need to set up his jaggery manufacturing unit Related: NCERT Questions : The Story of Village Palampur?, a detailed solution for what capital did mishrilal need to set up his jaggery manufacturing unit Related: NCERT Questions : The Story of Village Palampur? has been provided alongside types of what capital did mishrilal need to set up his jaggery manufacturing unit Related: NCERT Questions : The Story of Village Palampur? theory, EduRev gives you an ample number of questions to practice what capital did mishrilal need to set up his jaggery manufacturing unit Related: NCERT Questions : The Story of Village Palampur? tests, examples and also practice Class 8 tests.
Explore Courses for Class 8 exam

Top Courses for Class 8

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev