Project report for Masala powder
Project report for Spice powder manufacturing is as followsSpice processing and packaging are considered as a profitable business in India. Any individual can start a spice business as small, medium and large scale basis as per his or her investment capacity. Even a home-based spice business is also profitable in India. Additionally, you can start with one or two variety of spice. As your business grows, you can shift to a full-fledged spice processing company. India produces almost all the known spices. The country is the largest exporter of this commodity. As the spice is a mass consumption ...
Product / Services & process
The firm focused on producing Turmeric, Chilli, Cumin, Coriander, Black Pepper, Cardamom, Cloves & specific blend of spices for specific recipes. The list includes meat masala, chicken masala, Sabji masala, garam masala, chana masala, meat masala, Kasuri Methi, Pav bhaji masala, chat masala, biryani masala etc
Raw materials / Consumables
The major raw materials are unground turmeric, black pepper red chilies, cumin, coriander etc. Additionally, need to arrange the pouch as the main required packaging consumables. Also, needed corrugated cartoon for bulk packaging.
Plant & Machinery / Equipments
Land measuring around 150 sq.mtrs. is adequate with a built-up area of about 75 sq.mtrs. consisting of the main production area, packing section and go down. Spice grinding and processing generally demand simple machinery and equipment. Need to install disintegrator, spice grinder, pouch sealing machine and weighing scale. In a fully-automatic operation, the entire system is interconnected with a bucket elevator and conveyor belt.
Market potential & Strategy
The Indian spices market is pegged at Rs 40,000 crore annually, of which the branded segment makes up 15 percent. According to Technopak, national brands dominate the branded space market. And most prominent brands are Catch, Everest, Ramdev, among others.Increasing urbanization paired with a rise in the number of working women has reduced the time of cooking. Consequently, home-makers have started demanding readymade spice mixes such as sabzi masala, garam masala, chicken masala etc. This has augmented industry revenues. The spice mixes and branded spices entail greater profit margins, as ...