How to Start a Packaging Company

Are you planning to start your own packaging company but is quite apprehensive since you don’t know where exactly to begin? This industry is very profitable as long as you would know the factors which can affect your business success and failure.

With this knowledge, you can be successful in this industry.

packaging and shipping

Entering into a packaging business may prove to be highly-lucrative as long as you know how to play on this field. You have to keep in mind that your company’s service will be primarily focused on packing people’s material belongings for storage. To further maximize your service to your business clients, it is highly-recommended to be able to also provide them transportation service.

Your packaging business plan should include the followings: hiring employees who have knowledge on how to properly pack breakable items and other valuable materials; considering where to start your packaging business; acquiring a business license from your local Department of Finance to operate legally; and assessing startup cost for packaging business which may cost thousands of dollars since you need to purchase equipment and facilities such as trucks, pulleys, wrappers, and other supplies (e.g. bubble wrap, boxes, plastic wraps, markers, etc.). Another way to minimize the risks involved is by considering other packaging business competitors and by learning on how to provide outstanding service that can rival other companies. It is also recommended to choose a location where your prospective target-market (people who are constantly on the move and are capable of paying the packaging service) can be easily reached.

Planning for startup packaging business requires you to adopt marketing strategies and operation which include proper documentation (listing all the cost of wrappers and boxes you have spent which will be added to the customer’s payment bill), effective advertisement and promotional tactics, timetable plan, and business expansion. Perhaps one of the most important packaging business guide is acquiring an insurance which can help you in case a client has accused your packaging company of failing to pack his belongings correctly which has caused damaged, then at least you have financial backing that will allow you to pay for this. To further save you from financial troubles, it is also important that you have a contract made between you and your client so that some liabilities and certain legalities are covered. This would be extremely helpful in case your client has accused you and held you responsible of breaking a valuable item even though your company is not really accountable for this.

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Just like in any kind of business, it would be very advantageous if you can personally do your accounting and not heavily relying on someone to do this job for you. In order to succeed in business, you have to dedicate extra time to learn valuable knowledge and even minute details in running your business.

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506 Comments

  • Joe Davis said on April 1, 2009
    I am interested in using my warehouse to pack and ship for companies.
  • sikhunjulwe said on April 11, 2009
    I want to take this opportunity to thank you for the information you are providing for us(future businessman). I am interested in starting a packaging company.
  • Albert de Guzman said on May 12, 2009
    I am interested in starting the packaging business but unfortunately I have very very little capital.
  • Jorge R. said on July 23, 2009
    Hello, I have been working many years in a moving & packing company in FT. Lauderdale, Fl; I have a lot experience and I want to start a packing business, but I need a partner with some capital to invest, you have the money I have the knowledge, that could be the key for success, please feel free to write me, thanks for your time: Jorge
  • Jorge R. said on July 23, 2009
    Sorry you can contact me at: salem63pe@hotmail.com
  • James expert adviser said on July 24, 2009
    That's a cool call from Jorge, anyone interested please write back to him. Good Luck, Jorge!!!!!!!!!

    Jestin James
    Startup Biz Hub - Senior Advisor (Staff)

  • Vaishali Kokane said on December 14, 2009
    I am the beginner or only starter in this type of business I want to start this business. with full of knowledge & related information. Plz give me all related tips I want to start this business in New Panvel, Khanda Colony.
  • Hemalatha V said on February 19, 2010
    Bangalore, Karnataka, India. I am planning to start a box manufacturing industry, could you let me know what are the machinaries, raw materials required and there cost. Also, can you provide me some guidance on the same.
  • Ninad said on March 17, 2010
    Mumbai, Maharashtra, India. I am planning to start a cartooning business. I would like to understand the input process and output chain for the packaging industry.
  • Brandi said on March 17, 2010
    How would I find out how to set up, own and operate an Inmate Food/Clothing package company? What License do i have to have?
  • kamran Popalzai said on April 24, 2010
    Could you also provide us with some more information about the negative aspects of establishing a new packaging startup company
  • PATEL JITENDRA M said on April 26, 2010
    I WANT TO START PLASTIC PACKAGING BUSINESS. I DON'T KNOW ABOUT THAT. HOW MUCH INVESTMENT REQUIRED AND HOW TO START? 4/B, NAVAB ESTATE, G.D.HIGH SCHOOL ROAD, SAIJPUR BOGHA, NARODA, AHMEDABAD, GUJARAT, INDIA
  • prakash shinde said on May 13, 2010
    i want to start a packaging company but i have no idea and i have a limited capital. i'm looking for right partner for my business
  • ashwani mishra said on May 17, 2010
    i want to start a packaging business in lucknow, could you plz advise me how much investment is needed and what kind of machinery is required
  • Reddy said on June 13, 2010
    I want to start package business in bangalore
  • Vivek said on June 15, 2010
    I want to start a packaging business in Kurukshetra, Haryana. It is located on NH 1 near to national capital just 160 KM far. Can you please put a light on some aspects of packaging industry.
    1. how much investment we need, space requirement, machinery requirement.
    2. is there any consulting firm to guide.
    can you provide me some guidance on the same. Thanks, Vivek
  • Pramod Bhamkar said on July 7, 2010
    I want to start a corrugated packing boxes manufacturing in Pune Maharashtra India. I want from you
    1.Which type of machinery required?
    2.How much investment required?
    3.Information of Marketing & successful run?
    Pramod
  • Daryl said on July 15, 2010
    I am going into the contract packaging industry and looking for partners in the US to help move the project forward
  • Ganesh Sanas said on July 16, 2010
    Hello Good evening, i want to start corrugated packaging pvt ltd company. So i need which company have good machinery with advance technology. ( India, China, Germany, or other country ) 5 ply plant. - which one is good Automatic or Manual operating
  • Fidel said on July 24, 2010
    Hi, I work with imported vertical/horizontal FFS machines for packaging powders, coffee, tea, flour etc. Please contact me if customers required packaging service for your products
  • mathews adonis said on August 28, 2010
    i would like ideas on how to start a packaging business focus on beauty to customers central
  • Laxman Srivastava said on September 3, 2010
    Hello, i want start business packaging in south Delhi and Mathura, can you please provide me with the relevant information. Thanks
  • Shipra Uttam said on September 25, 2010
    Hello , I am interested to start a small business of food products packaging in Kanpur, UP, India, please help me and provide me the details about the business and also the minimum budget.
  • Jagmoha singh said on October 2, 2010
    i want to work with small amount and start new business give me an best advice as soon as possible for any successful business man.
  • MEK Skep said on October 6, 2010
    I would like to start a small packaging business of locally grown foods in Botswana and would like to be guided on how start such kind of business. Regards
  • dexter gonzalves said on October 19, 2010
    Any one looking to start a packaging business anywhere in India can contact me on dpdanger007@yahoo.com
  • kunal sukale said on October 22, 2010
    I want to start a packaging company/workshop in Pune Maharashtra India, could you plz advise me how much investment is needed and what kind of machinery is required?
  • L Chand said on October 23, 2010
    Hi, I want to start a corrugated packing boxes manufacturing Delhi NCR. I want some information from you, if you can help me. 1.Which type and how many machinery required?
    2.How much investment required in the beginning?
    3.From where can get the raw material?
    4.Tips for Marketing this successful?
    Thanks
  • RAJU said on December 8, 2010
    hi, i want to start chili packing business. can somebody help me how to start
  • Santosh M.Dhutadmal said on December 31, 2010
    i am in pune working as a/c officer ,i want start my own packing business pls give me details of Machinery, raw material, Project Report, course of packing technology etc.
  • AFROZALIKHAN said on January 3, 2011
    i'm interested in opening a packing plant at hyd .so could you please help like where to get machinery and what type of machinery and i want to know how to prepare project report for the same so that i can submit it for approval and getting my funds
  • arun sharawat said on March 27, 2011
    Hi, I want to start packaging industry near Rohtak(Haryana). Kindly advice me about the initial capital required & other prerequisites in this regard.
  • Shashidhar said on March 28, 2011
    Hi, I want to start a corrugated packing boxes manufacturing Bangalore. I want some information from you, if you can help me.
    1. Which type and how many machinery required?
    2. How much investment required in the beginning?
    3. From where can get the raw material?
    4. Tips for Marketing this successful?
    5. how much space requirement?
    6. Legal Requirement?
    7. Any project report ?
  • SANTOSH R. KUMBHAR said on April 20, 2011
    want to start a packaging business in Kolhapur or pune, Haryana. It is located on NH-4. Can you please put a light on some aspects of packaging industry.
    1. how much investment we need, space requirement, machinery requirement.
    2. is there any consulting firm to guide. can you provide me some guidance on the same. Thanks, santosh kumbhar
  • SANTOSH R. KUMBHAR said on April 20, 2011
    i am working with reputed automobile industry as a asst. mark.mngr, have exp in sales and marketing, now i want to start packaging business in kolhapur, sangli, and pune, with a innovative ideas, i warmly requested please give the detail of packaging business and how to start, required man power, required budget, and how and whom ( which dept) to approach for business purpose.
  • Raghavendra Utsai said on April 27, 2011
    Hi, I am very glad that you people are here with your helping hands. I want to start a packing industry including recent technology. Please help me with this regards. Thanks, Raghavendra Utsai Sangli (Maharashtra)
  • Nitin Hari Lalsare said on May 15, 2011
    I want to set up Corrugated box making industry. Do you set up complete Corrugated Box manufacturing unit. I want to set up a small scale corrugated box manufacturing unit. What are the machines required , Prices of the machines. Pls reply.
  • amit pathak said on June 14, 2011
    I want to run a tour package co.in noida,uttar pradesh .I dont have exp.of this field .so pls guide me what steps shall i take to start a co?
  • arun kumar yadav said on July 8, 2011
    kolkata, west bengal, India. i want to start a packing business with a capital of Rs. 1.5 lakh i have space of around 300 sq. ft.
  • aman said on July 13, 2011
    hii! this is aman. i'm from hisar haryana. i want to start packaging business of locally grown food like rice, dals and other packaged snacks like chips and such items. can you tell me from where i can buy packaging machines which are not too expensive and can make do for a start up like me. is there any government organization from where we can get training and requisite knowledge for this business. i want to keep the cost minimum. just basic requirements as i have space of my own. i want to start with an initial capital of rs. 200000 (all cost included). please reply me with my answers if possible. thanks!
  • Nitin mulchandani said on July 16, 2011
    want to open a packaging box industry... (Bhopal MP) Want all the information regarding this business.. cost of set up.....i have land of my own.. reply me as soon as possible..... thanku my contact no.9685550666
  • Prakash Thakkar said on July 19, 2011
    i have 2000 sf space in mumbai with power i want start any business. i can offer as partner with only u have good business 9320020055 Prakash
  • Amit said on August 18, 2011
    Hello , I am interested to start a small business of food products packaging/clothing Packaging in Ghaziabad,UP, India, please help me and provide me the details about the business and also the minimum budget. My email id is contreq@gmail.com. Thanks.
  • Vijaykumar shete said on August 20, 2011
    I want to start my own factory in packaging materials can u plz guide me . I want start this business in pune.
  • narinder singh bhamra said on August 24, 2011
    Dear sir, I want to start a business in packaging industries can u guide me and my financial position is not to strong. plz help me
  • AARTI said on August 26, 2011
    Hi, I want to start packaging industry in delhi. Kindly advice me about the initial capital required & other prerequisites in this regard.and i also want to the scope of this business and the industries where we can approach fir the business.
  • rajiv said on August 29, 2011
    i want to know minimum area required in paper corrugation n knowing also minimum and maximum investment n sale.
  • harsha kochar said on August 30, 2011
    is it possible to start any packaging business with little capital. if so i would like to know the details .
  • Saurabh Jain said on September 1, 2011
    hi...I am interested in starting a packaging business.But dont have good idea about the industry. Please send me some more guidelines regarding the startup such as:
    1. Estimate for cost of setup.
    2. how much area do we need to start.
    3. no of employees we need in industry
    4. how does the licensing is done.
    5. type of packaging we can do.
    Regards, Saurabh Jain Orissa, India
  • PATRO said on September 4, 2011
    Pune, want to establish packaging business with minimum invest. please advice how is it profitable.
  • Bu Abdulla said on September 14, 2011
    I would like to start a packaging business in Dubai and looking for the right partner who has extensive experience and knowledge in packaging industry. Write me on essa@hc.ae to discuss this further.
  • AMIT beginner adviser said on September 15, 2011
    Mr. Saurabh,
    1) estimate cost of setup depend on scale of industry you want to start
    , 2) for manual plant you need 15000 sq. feet.
    3) for automatic plant you need min 50000 - 60000 sq. feet.
    4) No. of employees depend on the machinery.(min 30 for small plant )
    5) corrugated box plant

    amit14071980@yahoo.com

  • GANGARAJU said on September 16, 2011
    I am going start Contract packing industry (Co-packer) for coffee and pharma powders.and looking for good clients
  • Jonas said on September 20, 2011
    I am a freight forwarder in Miami, Fl. I would like to start sending personal item packages to eastern europe. How do I begin and what license do I need?
  • joseph said on September 24, 2011
    want to start a packaging business in hyderabad. Can you please put a light on some aspects of packaging industry.
    1. how much investment we need, space requirement, machinery requirement.
    2. is there any consulting firm to guide. can you provide me some guidance on the same. Thank u.
    joseph
  • Hamed Mauly said on October 29, 2011
    I have a warehouse (20,000 sq.ft.) with labour accommodation in Um Al Quwain, in the United Arab Emirates. I would like to use the property for a business such as manufacturing packaging materials. I would be interested to partner with a company that has the knowhow and willing to invest in the project. Please advise capital requirement including machinery, labour, etc.
  • Abhay said on November 2, 2011
    Hi, I have very keen interest to start corrugated (3 ply, 5 ply & 7 ply) box manufacturing industry. In this connection I require your assistance & information on the following points:
    1. Which type and how many machinery required?
    2. How much investment & space required in the beginning?
    3. If possible how much investment required purchasing second hand machinery and where will be the availability for second hand machinery?
    3. From where can get the raw material?
    4. Any documentation required for License or approval of company?
    I would be delighted to receive a feedback from you. Thanks & Kindest Regards, Abhay
  • miraz khan said on November 2, 2011
    i would like to open my factory of corrugated boxes in delhi or ncr plz give a light
  • Khurram Shahzad said on November 23, 2011
    i want to start packing company here in Dubai. (UAE but i have no idea what to do so plzz tell how i can start that company and which kind of license i need and how much i have to spend on that plzz plzz
  • John Roh said on December 5, 2011
    I want to start, but how and where do I find customers that need packaging services.
  • Satish Pokar said on December 10, 2011
    i am interested in starting new business in packaging. I am interested mainly in Corrugated paper box manufacturing in Ahmedabad city of Gujarat, India. i Need machineries at economical prices and with high production capacity. It must be multi purpose producing of different sizes of boxes. Please Contact. +919427699298 / +919662510193 Thanks...!! Satish Pokar, Ahmedabad, Gujarat (India)
  • VINOD GOEL said on December 10, 2011
    hi...I am interested in starting a packaging business like non woven rice bag manufacturing and pharma packaging.But dont have good idea about the industry. Please send me some more guidelines regarding the startup such as: 1. Estimate for cost of setup. 2. how much area do we need to start. 3. no of employees we need in industry 4. how does the licensing is done. 5. type of packaging machinery and off set press , die cutter machinery we can do. Regards, vinod goel karnal haryana, India cell no.9443113531
  • Ahmad Juman said on January 10, 2012
    Hi, I would like to know what is the initial capital investment for a MEK (butanone) plant? If anyone can assist me, please email me at ilovethebush@hotmail.com. I need a figure urgently for a report I am putting together. Many thanks from Trinidad.
  • Inderjeet said on January 16, 2012
    we want to setup a manufacturing unit of Non woven bags in bahadurgarh, haryana. we will like to have details on how to establish manufacturing plant in my country. details such as machinery, cost, raw materials, manpower requirement and many more about the business. indersharma90@hotmail.com
  • Dayalan Thangevelo said on January 24, 2012
    I live in Durban Chatsworth and registered a business 2 years ago and could not get funding . I have tried numerous funding agents but it was of no avail. I even tried the government funding. I wish, hope and pray that I get some assistant from you
  • ANUJ VERMA said on February 19, 2012
    I want to setup a manufacturing unit for Packing related items e.g corogated boxes, wooden pallets, Non woven bags etc in Agra, Uttar Pradesh, India. I would be thankful if you could help me in setting up the industry starting from scrap to production start up. I want to start the industry at the earliest.Plz send details such as machinery, cost, raw materials, manpower requirement and many more about the business.
  • mohsin said on February 21, 2012
    hear my tea powder shop now i want tea packing. i want to work with small amount and start I am interested in starting tea packaging in sangli maharastra anybody packing machine giving on rent give me an best advice as soon as possible
  • dr.sridhar.K.K. said on February 23, 2012
    I am a dealer in condiments. I need a FFS machine to pack 100-200 gms of condiments. Can you suggest any bangalore dealer of FFS machines?
  • Mathew said on March 2, 2012
    I would like to start a packaging unit of pulses and spices based in Ernakulam Cochin in a better way. kindly send me more details or project reports
  • dhanasekar said on March 14, 2012
    Coimbatore, Tamilnadu, India. Want to start a packaging industry for supplying to industry. Please advise about the list of machineries, space and investment
  • s kadam said on March 15, 2012
    Kindly give me more information with regards to packaging industry.
    1. like minimum investment requirement
    2. who are the clients and many more
  • chirag jain said on March 26, 2012
    dear sir i wanna start a packaging industry in vapi gujarat of making corrugated box machines so can u give me some idea regarding my queries
    1 how much amount of machineries are needed
    2 how much space are required for running it smoothly
    3 from where can i get this all machinery at best prices and qualities
    kindly reply my queries soon. so that i can think on it further
  • James expert adviser said on March 26, 2012

    @chirag jain,

    1. It is impossible to say you a price as there are 100s of companies selling such products and there are 10s of type like semi automatic, fully automatic, printing included, heavy duty, etc.
    2. Space will also vary with the machine specification. See this video to get some rough idea.
    3. You can find the companies using internet. You can buy it from Indian manufacturer or Chinese for cost effective reasons.

    Jestin James
    Startup Biz Hub - Senior Advisor (Staff)

  • sachin said on March 28, 2012
    Dear Sir, I want to start business of c.box making at nashik maharashtra(India). So, Please provide to me suppliers name of raw material and manual machinery who is available in low price. Thanks. Sachin
  • Premal Modi said on March 29, 2012
    Dear Sir, I want to Start Re packing business in mumbai & bhiwandi. I want help for license whats paper want plz help me
  • m.jailany said on April 6, 2012
    i am BE holder, i am interested to start spices packaging and masala powder making plant. i need details about machinery process and investment please any one help me.
  • Dheevashni said on April 12, 2012
    Hello:) how are you? well I am doing a project on the feasibility of expanding a home-care product manufacturing company to include the manufacturing of their packaging material as well. Maybe you could give me some suggestions on how about i do that. Pretoria, South africa
  • Mr Rajeev said on April 14, 2012
    I wish to start own packing company with latest printing technology. I may invest up-to Rs 10 lac. I need all type of help. Kindly advice. Regards. Bhilai, C.G., India.
  • nilesh kolap said on April 17, 2012
    i want to start medical (drug powder, ointment etc ) repacking unit in kolhapur maharashtra pls guide me about investment, process.
  • sai sankar said on April 17, 2012
    i want to start a repacking unit for general stores. i want to know where the packing machine will get .and the raw material also.in the same way what are the permissions we have to take
  • Harshal sonawane said on April 28, 2012
    I am mba post graduates from pune. I would like to start my small scale unit in packaging industry . But do not have detail idea. Please guide me. I am from nashik maharashtra , India
  • chandan Naik said on April 28, 2012
    I am looking to start a repacking or assembling business in pune(chakan MIDC). I need a company reference which can provide me this type of business. I have an experience of 11 yrs in this field & working with reputed company. Please contact me at 9850451360 or chandann73@gmail.com
  • Harshal sonawane said on May 3, 2012
    i want to start my business in box packaging but i am having less capital , and don't know detail . Please help me, i want to start it in nashik , maharashtra in India
  • Sudarshan Bhosale said on May 5, 2012
    I am interested in starting new business in packaging. I am interested mainly in Corrugated paper box manufacturing in pune city of maharastra, India. i Need machineries at economical prices and with high production capacity. It must be multi purpose producing of different sizes of boxes. Please Contact. +918856802826 / +919762483689 Thanks...!! Sudarshan Bhosale, Pune, maharastra(India)
  • Rahul Deshmukh said on May 20, 2012
    I want to start an EPE packaging business in Pune, Maharashtra, India. I want to produce this material and also want to do the cutting part as per the client requirement. I wanted to know the following-
    1. Various types of machinery involved, both production/cutting
    2. what is more beneficial automatic or manual ones.
    3. Where can I find the requisite machinery and their cost including import(if any) and transportation.
    4. The perfect consulting firm which can guide me in the setup, machinery and the total cost factor right from raw material till the finished product.
  • Yogesh Goyal said on June 8, 2012
    Hi, I want to start Corrugated cartons business in Noida but the thing is I am new to this industry and do not know what are the basic requirements (i.e. what Licenses are required, Number of Machines, Number of employees etc.) to start. I have around 5000sq.feet area. Please also suggest how many machines would be fine as per above mentioned area in the beginning and what would be the minimum investment to start. Greater Noida, U.P, India
  • Biswanath Mohapatra said on June 18, 2012
    My relative wants to start a disposable plastic glass industry under central govt. project with a project cost of rs.25 lacs. Please give the following information:machineries required and their capacity; list of dealers supplying machineries; raw material both major and consumables relating to the capacity of machine; manufacturing process; statistical figures of the prospect of such industry
  • sai said on July 3, 2012
    Hi, I want to start Corrugated cartons business. I am new to this industry and do not know what are the basic requirements (i.e. what Licenses are required, Number of Machines, Number of employees etc.) to start and how much i have to invest for this industry. Please also suggest how many machines would be fine for industry .I am looking for Corrugated Boxes, Carton Boxes, Shippers (Corrugated Cartons), Printed Cartons making machinery . will you provide the machinery, if you can provide the machinery please send me the quotation
  • Palesa said on July 8, 2012
    Hi i'm from Sedibeng in vaal, gauteng. I want to start packaging business at the location. I need all the details and equipments on how to start the business. thank you
  • Reddy said on July 10, 2012
    I want to start a business I was looking to start a business like automated packing of rice/grains let whether this is good business to start with or let me any recommendation how will be the profit bangalore , India
  • Schouhan said on July 10, 2012
    Hello, I wanted to start a packaging business as i have find out there many type of Packaging business are currently running in India. first of all i wanted to know which Packaging should i choose on small scale and my budget (20-30 Lac). I wanted to start that business in Jaipur (rajasthan). Please suggest for the same first then i will come up with the more queries regarding the same business.
  • Nazim Zaidi said on July 11, 2012
    HI, I want to start a packaging business, but i dont know whats the process of start, i have got a small capital, plz. help me am waiting your ans.
  • Mohit beginner adviser said on July 17, 2012
    @Yogesh Goyal : Hi I have vast exp in Corrugated cartons business. If you are still looking for idea you can contact me at year2008ad@gmail.com

    year2008ad@gmail.com || Corrugated Cartons Business Consultant

  • Sushant said on July 28, 2012
    I am an Engineer by profession and I want to start a small scale packaging industry at Rourkela, Odisha, India. Please provide me information about govt. licenses required to start the industry. Please feel free to ask for more information which are required for helping me in the right direction.
  • Vishwanatha Rao said on July 30, 2012
    We require a Project report to submit to bank for financial year to start an manufacturing unit/industry in our area 500 sq.ft at Ghatkesar in Rangaredyy district in A.P with a capacity of 1000 corrugated boxes( Paper ) per month in assorted sizes in 3ply 5 ply specifications. kindly intimate the consultancy and project report fee approximately which is negotiable. Thanks, VishwanathaRao Mbl# 9963464443
  • luis cruz said on August 3, 2012
    hi, i'm looking for a partner at phoenix to initiate a sheet plant luis.cruzv@gmail.com
  • SWAPNIL said on August 6, 2012
    VASAI(MAHARASHTRA) SIR I WANT TO START PACKAGING HOME BASED BUSINESS. PLEASE GUIDE ME WHICH PRODUCT SUITABLE FOR ME AT HOME MADE BUSINESS.
  • umesh gandhi said on August 8, 2012
    Sir i want to start a business of repacking of all dalls rice and all products...so pls tell which document i need for that...
  • ashok chauhan said on August 9, 2012
    sir i am a mechanical Engg. having 3 year experience in automobile industry, but now i want to start a packing industry in Dehradun location for fruits packing. i want to start 5 play box corrugation plant. please suggest me.and give the cost information of suitable m/c.
  • khuswant said on August 20, 2012
    Hello, I want to know how much investment needed for setting up woven bag factory.

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