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Food Processing: Project Opportunities in Assam

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Friday, February 24, 2012

Profile: Food processing is the set of methods and techniques used to transform raw ingredients into food or to transform food into other forms for consumption by humans or animals either in the home or by the food processing industry. Food processing typically takes clean, harvested crops or butchered animal products and uses these to produce attractive, marketable and often long shelf-life food products. Assam has many agricultural and horticultural products. Assam has a fertile soil conducive to cultivation of fruits and vegetables. So far the fruits and vegetables grown in Assam have been sent by rail or road to other parts of the country, which can be used for processing many kinds of food. Apart from rice mills, flour mills and oil mills, many small establishments of producing biscuits, lozenges, soft drinks and snacks have recently come in the town and commercial centres of the region.

The food processing sector has the potential to grow in Assam with increasing demand for processed food. Opportunities exist in processing, sourcing, setting up cold chains and logistics. The Government of India has approved for setting up a Food Processing Industrial Park at Chaygaon near Guwahati in Kamrup District.

 

Resources:Assam has an abundance of natural resources which are yet to be engaged industriously. The agro-climatic condition of the State favour the growth of a variety of fruits and vegetables/ spices including orange, banana, pineapple, arecanut, coconut, guava, mango, jackfruit, citrus fruits, ginger, turmeric, chillies, potatoes, etc. Until recently, horticulture was practiced as a largely non-commercial activity. However, with better quality planting material, sufficient research support and better know-how, the State could easily be poised for a major boom in the fruit growing and food processing industry. Following are key potential industries to be developed on the core strengths of our state:

·      Multi cropping  in agriculture sector

·      Assam is the world’s single largest tea growing region

·      Abundant resource of fresh water,

·      Major varieties of the major fruits grown in Assam are Banana, orange, litchi, pineapple, papaya

·      Assam has abundant productive and diversified water resources to support surplus fish production to feel the growing fish eating population of the state.

·      Livestock is an important component of mixed farming system in Assam as the meat consumption in Assam is high.

·      The per capita availability of milk is 70gm/day in comparison to the all India figure of 246gm/day.

 

Government policies/ scheme:To fulfil the need for creation of integrated and holistic infrastructure for food processing sector, Ministry of Food Processing Industries (MOFPI) had launched new Schemes in 11th FYP with strong focus on creation of modern enabling infrastructure to facilitate growth of food processing and creation of an integrated cold chain mechanism for handling perishable produce. Under the initiatives of MOFPI for strengthening infrastructure in agro  and food processing sector, it had launched the Mega Food Parks Scheme, Scheme for Cold Chain, Value Addition and Preservation Infrastructure and Scheme for Modernization of Abattoirs in the 11th  Five Year Plan. The Government of India has sanctioned a food processing park with a total project cost of Rs. 5.95 crores. The park is being set up near Chaygaon in the district of Kamrup (rural). The implementing agency for the food processing is Assam Small Industries Development Corporation Ltd.

Opportunities for entrepreneurs:Assam has an abundance of natural resources which provides numerous opportunities to invest and venture in following fields:

 

     Banana Plantation, Cultivation & Its By Products, Banana Powder

http://www.niir.org/profiles/profiles/z,,25,0,a/index.html

 

     Dehydration Of Fruits & Vegetables (Osmo-dehydration Process), Fruit Pulp & Juices

Fruit Processing (Jam & Jellies), Vegetable Product Dehydration and Canning of Fruits, Dehydration of Vegetable & Instant Vegetable Soup

http://www.niir.org/profiles/profiles/z,,2b,0,a/index.html

 

     Broiler Chic, Egg Powder, Chicken/Mutton (Sheep Meat) Processing, Chicken/Mutton (Sheep Meat) Processing, Fish Canning In Tins & Pouches, Fish Canning In Tins & Pouches

http://www.niir.org/profiles/profiles/z,,32,0,a/index.html

 

     Cold storage, Cold storage (fruits & vegetables), Potato powder, flakes & granules with cold storage, Ware houses.

http://www.niir.org/profiles/profiles/z,,7f,0,a/index.html

     Ginger cultivation, Ginger oil, Dry ginger to green ginger, Ginger powder, Glazing and preservation of Ginger.

 http://www.niir.org/profiles/profiles/z,,28,0,a/index.html

     Bread making plant, Biscuits, Bakery industry, chocolates

http://www.niir.org/profiles/profiles/z,,2c,0,a/index.html

     Pan Masala, Gutka & Pouch Making Plant, PAN MASALA SADA, MEETHA, ZARDA (GUTKA) & PACKAGING,

http://www.niir.org/profiles/profiles/z,,5c,0,a/index.html

 

 

Niir Project Consultancy Services (NPCS) provides you detailed project reports (DPR) on the above fields. Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessitiessuch as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

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Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

Contact Us

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Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

Introduction
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  • Uses & Applications
Market Study and Assessment
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Raw Material
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Personnel (Manpower) Requirements
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Plant and Machinery
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Manufacturing Process and Formulations
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Infrastructure and Utilities
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Project at a Glance

Assumptions for Profitability workings
Plant Economics
Production Schedule
Land & Building
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Plant & Machinery
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Other Fixed Assets
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  • Technical Knowhow
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Working Capital Requirement Per Month
  • Raw Material
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Overheads Required Per Month And Per Annum
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  • Royalty and Other Charges
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Salary and Wages
Turnover Per Annum
Share Capital
  • Equity Capital
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Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals
  • Revenue/Income/Realisation
  • Expenses/Cost of Products/Services/Items
  • Gross Profit
  • Financial Charges
  • Total Cost of Sales
  • Net Profit After Taxes
  • Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements
  • Current Assets
  • Gross Working. Capital
  • Current Liabilities
  • Net Working Capital
  • Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets
  • ROI (Average of Fixed Assets)
  • RONW (Average of Share Capital)
  • ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios
  • D.S.C.R
  • Earnings Per Share (EPS)
  • Debt Equity Ratio
Annexure 7 :: Break-Even Analysis
  • Variable Cost & Expenses
  • Semi-Var./Semi-Fixed Exp.
  • Profit Volume Ratio (PVR)
  • Fixed Expenses / Cost
  • B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume
  • Resultant N.P.B.T
  • Resultant D.S.C.R
  • Resultant PV Ratio
  • Resultant DER
  • Resultant ROI
  • Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status
  • Equity Capital
  • Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks
  • Determined Capacity P.A of Products/Services
  • Achievable Efficiency/Yield % of Products/Services/Items
  • Net Usable Load/Capacity of Products/Services/Items
  • Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation
Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit
Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,
Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit
Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses
Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges
Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses
Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses
Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)
Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)
Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits
Annexure 35 ::Projected Pay-Back Period And IRR