What Is The Scope Of Food Processing In India?

Overview

India produces the most milk, ghee, ginger, bananas, guavas, papayas, and mangoes in the world. In addition, India is the world's second-largest producer of rice, wheat, and a variety of other vegetables and fruits. There would be more potential for the sector to expand if the surplus output of grains, fruits, vegetables, milk, fish, meat and poultry, and other items is processed and sold both inside and beyond the country.

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The massive agricultural resources of India alone generate enormous investment opportunities in the food processing and equipment industries. The canning, packaging, dairy and food processing, frozen food, and thermo-processing sectors are major areas with potential for value-added processing.

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Indian Market Statistics and Scopes

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India's present Food Processing Sector is projected to be worth USD 130 billion, and it is likely to attract significant local and global investment. The following are some of the important variables that are anticipated to boost demand for processed foods and, as a result, the food processing sector in the next years:

India has a population of around 1.25 billion people. The domestic market provides 1.25 billion potentials for the industry, with the increasing middle class having significant spending money.

• India produces the most milk, ghee, ginger, bananas, guavas, papayas, and mangoes in the world.

• India, along with China, is one of the world's fastest-expanding economies. The World Bank's recent quantum leap in the ease of doing business ranking (from 130 to 100) highlights the country's favorable business climate, which is likely to attract foreign investment in this area.

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In addition, India is the world's second-largest producer of rice, wheat, and a variety of other vegetables and fruits. There would be more potential for the sector to expand if the surplus output of grains, fruits, vegetables, milk, fish, meat and poultry, and other items is processed and sold both inside and beyond the country.

Food habits are fast changing as a result of increased urbanization, with a shift toward value-added goods. The shift is reinforced by the fact that nearly 65 percent of India's population is under the age of 35, with a preference for processed foods.

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Government Support

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1. PMKSY (Pradhan Mantri Kisan Sampada Yojana): The PMKSY received approval from the CCEA in August 2017. Mega Food Parks, Integrated cold chain sector, Value Addition Infrastructure, Food Safety, and Quality Assurance Infrastructure, Infrastructure for Agro-processing Clusters, Creation of Backward and Forward Linkages, and Creation and Expansion of Food Processing and Preservation Capacities are all part of this umbrella scheme.

2. Mega Food Parks Scheme: It intends to provide a system to link agricultural output to the market by bringing together farmers, processors, and retailers to enhance value addition, minimize wastage, increase farmers' income, and create jobs, particularly in rural areas. A Mega Food Park is defined as an area of at least 50 acres that uses a clustered strategy based on the hub and spokes paradigm.

3. The scheme of the cold chain, value addition, and preservation infrastructure system is to offer seamless cold chain and preservation infrastructure from the farm gate to the customer. It includes pre-cooling facilities at manufacturing plants, reefer vans, transportable cooling units, and value-added centers.

4. The Modernization of Abattoirs Scheme is to increase processing and preservation capacity, as well as modernize and expand existing food processing facilities, to enhance processing, value addition, and reducing waste.

5. Make in India: The food processing industry was designated as one of the 25 key areas for the Make in India initiative. As a result, the policy environment has been overhauled to attract financial, technological, and people resources to the industry. Allowing 100 percent FDI into this industry via an automated approach is also a huge step in the right direction.

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Introduction

Project Introduction
Project Objective and Strategy
Concise History of the Product
Properties
BIS (Bureau of Indian Standards) Provision & Specification
Uses & Applications

Market Study and Assessment

Current Indian Market Scenario
Present Market Demand and Supply
Estimated Future Market Demand and Forecast
Statistics of Import & Export
Names & Addresses of Existing Units (Present Players)
Market Opportunity

Raw Material

List of Raw Materials
Properties of Raw Materials
Prescribed Quality of Raw Materials
List of Suppliers and Manufacturers

Personnel (Manpower) Requirements

Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

Plant and Machinery

List of Plant & Machinery
Miscellaneous Items
Appliances & Equipments
Laboratory Equipments & Accessories
Electrification
Electric Load & Water
Maintenance Cost
Sources of Plant & Machinery (Suppliers and Manufacturers)

Manufacturing Process and Formulations

Detailed Process of Manufacture with Formulation
Packaging Required
Process Flow Sheet Diagram

Infrastructure and Utilities

Project Location
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Project at a Glance

Assumptions for Profitability workings	Plant Economics
Production Schedule
Land & Building Factory Land & Building Site Development Expenses
Plant & Machinery Indigenous Machineries Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets Furniture & Fixtures Pre-operative and Preliminary Expenses Technical Knowhow Provision of Contingencies
Working Capital Requirement Per Month Raw Material Packing Material Lab & ETP Chemical Cost Consumable Store
Overheads Required Per Month And Per Annum Utilities & Overheads (Power, Water and Fuel Expenses etc.) Royalty and Other Charges Selling and Distribution Expenses
Salary and Wages	Turnover Per Annum
Share Capital Equity Capital Preference Share Capital
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