The Indian water purifier market is expected to exhibit a CAGR of 10.27% during 2022-2027. This is primarily due to the rising prevalence of water-borne diseases and the awareness about personal health and hygiene. As a result, the demand for safe drinking water is expanding exponentially.
Furthermore, the increasing investment in R&D activities and technological advancements are further projected to fuel the growth of the global RO water purifier market.
This presents a huge scope for RO water purifier companies. Here is a short guide on how to start an RO water purifier business in India.
Why Should You Start an RO Water Purifier Business?
Water purification is one of the oldest businesses around. In fact, there are many different ways to make money from it. You could sell bottled water, install water filtration systems, or even offer water delivery services. But if you want to keep things simple, why not just provide people with clean drinking water?
There is a huge opportunity for startups in the Indian water purification industry because it is one of the fastest-growing industries in the world. There is a growing demand for safe drinking water worldwide. People are becoming increasingly aware of the importance of good hygiene and sanitation. They understand that contaminated water leads to diseases such as cholera, typhoid fever, dysentery, hepatitis, and others.
According to the World Health Organization, nearly 2 billion people do not have access to safe drinking water.
In fact, according to the United Nations, about 700 million Indians live without access to clean drinking water. Out of those 700 million people, about 400 million use groundwater sources. And out of the 400 million people, about 250 million rely solely on groundwater.
The problem is that groundwater gets contaminated quickly. Once it becomes polluted, it cannot be cleaned easily. So most people end up buying bottled water. However, even though bottled water is convenient, it is expensive.
But what if you could make clean drinking water affordable and easy to obtain?
This is an opportunity to start an exciting water purification business. If you start an RO water purifier business, you can help people improve their lives by providing them with clean drinking water.
How to start an RO Water Purifier Business in India
RO water filter systems are used in homes to make drinking water safe to consume. They are also used in industries to produce purified water. In India, there are many companies that manufacture RO water purification systems.
You don’t need much capital to start an RO water purifier business in India. You’ll probably spend anywhere under 10 lakhs.
The cost of setting up a RO water purifying company depends on several factors. These include the type of equipment you purchase, the number of units you plan to install, and the location where you set up your business. And because you’re selling something that everyone needs, you won’t face competition.
Your costs will decrease if you purchase water wholesale. By buying bulk quantities of water, you can reduce your operating expenses. You can save money on transportation, storage, and labour.
Second, you’ll need to decide whether you want to produce your own RO water purification system or purchase pre-built models. The former requires technical skills, whereas the latter allows you to concentrate on sales.
Third, you’ll need to figure out where you want to sell your product. Do you want to sell online through Amazon, eBay, Etsy, or another marketplace? Or would you rather sell locally through retail stores?
Finally, you’ll need to determine whether you want to build your own RO water purifier or buy a pre-made unit. Building your own unit is a lot cheaper than buying a pre-made unit, but it takes longer to complete.
Once you’ve decided on the type of RO water purification system you’d like to create, you’ll need to select a supplier. This means finding a manufacturer who produces units similar to yours. Once you’ve found a suitable supplier, you’ll need to negotiate a deal.
Finally, you’ll have to train employees to operate your unit. This includes training them on how to install and maintain the equipment.
Four steps to Start an RO Water Purifier Business
1. Start your water purifier business by learning everything you can about the RO water purification industry. There are plenty of resources available to help you understand the basics of RO water purification, including books, blogs, videos, and forums.
2. Find a manufacturer that offers affordable pricing. Many manufacturers sell their equipment at wholesale prices, meaning that you can buy multiple units at once and resell them individually.
3. Create a website or blog to educate consumers about the benefits of RO water purification.
4. Sell your product online. Once you’ve built a reputation for selling high-quality RO water purification systems, you should consider offering your products via online marketplaces.
Licenses Required to Begin an RO water Purifier Business in India
- ISI certification from the Bureau of Indian Standards (BIS)
- Food Safety and Standard Authority of India
- Pest Control Certification
- Pollution Control Certification
- Current Bank Account
- Trade Mark
- GST Registration
- Trade License
- Firm Registration
- Water test report from an Authorized laboratory
Conclusion
Once you set up your RO water purifier business and get customers, make sure you drive recurring business from them via regular preventive maintenance of RO. To keep up with preventive maintenance schedules and manage RO service jobs, use RO field service management software. It helps you automate your field service process and manage the entire business from one platform. Unoservice offers a customized application for the RO industry. Try it for free to explore its functionality.
Frequently Asked Questions about Starting an RO Water Purifier Business
Is the RO water business profitable?
The RO water purification business is a great opportunity to earn money without having to invest much capital. However, it takes a lot of hard work and dedication to succeed. There are many aspects to running a successful RO water purification business, such as finding high-quality equipment, ensuring proper maintenance, and keeping track of costs. To ensure profitability, you should focus on these areas.
What is the current size of the Indian Water Purifiers market?
The Indian water purifier market was worth USD 754.2 million in 2020. It is further projected to reach USD 1937.5 million by the year 2027, growing at a CAGR of 14.3% during the forecast period (2020-2027).