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Project report for rice bran oil

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Related Keywords

  • Rice Germ Oil
  • Bran Extract Oil
  • Heart-Healthy Oil
  • Gamma Oryzanol Oil
  • चोकर तेल
  • धान का तेल
The Project Report for Rice Bran Oil is as follows.
Let’s talk about your Project Report for Rice Bran Oil Business in India. India grows about 120 million tonnes of paddy every year, giving us around 6 million tonnes of rice bran. But guess what? We only make 1.05 million tonnes of rice bran oil in 2022, says Business Standard. That means there’s a big chance to do more! 
Right now, rice bran oil costs ₹147,000 per tonne—cheaper than sunflower oil at ₹170,000, according to Reuters. People love it because it’s healthy, and the Solvent Extractors’ Association of India says we buy three times more than we did 20 years ago. 
Your Project Report for Rice Bran Oil Business can show how to jump in and make money in Indian rupees. Create your project report for bank loan now!

Why Entrepreneurs Invest in Rice Bran Oil Business?

Want to start a rice bran oil business in India? It’s a super cool idea! Here are four big reasons why it’s great for you.
  1. Low Money to Start, Big Money Back: You only need ₹1.5-2 crore to build a small rice bran oil factory (10 tons a day), says Best Oil Mill Plant. That’s cheaper than other oil businesses like palm or sunflower, which cost way more. Rice bran oil sells for ₹147,000 per tonne in 2022, according to Reuters, and you can keep 10-15% as profit. Cool, right?
  2. Lots of Cheap Stuff to Use: India makes 120 million tonnes of paddy every year, giving us 6 million tonnes of rice bran. But we only turn 1.05 million tonnes into oil, says Business Standard. Rice bran costs ₹30,000-36,000 per tonne—super cheap compared to paddy at ₹19,000. You can grab it and start making oil!
  3. People Want It: Indians buy three times more rice bran oil than 20 years ago, says the Solvent Extractors’ Association. Why? It’s healthy and keeps your heart happy! Indians eats 23 million tonnes of oil a year, and people pay ₹147,000 per tonne for this one.
  4. Sell It to the World: India makes the most rice bran oil anywhere, and other countries want it too! Exports are growing fast, especially to places like Japan, says Fortune Business Insights. The world market might reach $18.35 billion by 2032, and you can sell from India cheap!
Check our sample project report for bank loan! Low cost, cheap stuff, big buyers, and a world to sell to—want to try it?

What are the Marketing Strategies of Rice Bran Oil Business?

Want to know how to sell rice bran oil in India and make it popular? Here are four easy marketing ideas that can help you win big. 
  1. Tell People It’s Good for Them: Everyone likes healthy stuff! Rice bran oil has something called gamma-oryzanol that keeps your heart strong. The Solvent Extractors’ Association says people buy three times more now than 20 years ago because it’s so healthy. Make ads saying, “Use rice bran oil and feel great!”—it sells for ₹147,000 per tonne!
  2. Show It Off on Social Media: Kids and adults love their phones! Put fun pictures and quick videos on Instagram or YouTube about cooking with rice bran oil. India uses 23 million tonnes of oil a year, so lots of people can see it. 
  3. Work with Nearby Stores: Ask small shops and big markets to sell your oil. India makes 1.05 million tonnes of rice bran oil but could make 3 million, says Business Standard. Give stores a good price—like ₹140,000 per tonne—and they’ll tell customers to buy it. 
  4. Sell It to Other Countries: Send your oil to places like Japan who love it! The world market could grow to ₹1.5 lakh crore by 2032, says Fortune Business Insights. Tell everyone, “India’s rice bran oil is awesome!” and add ₹20,000 more per tonne when you sell it far away. Big money move!
So, talk about health, use social media, help stores, and sell overseas. Create a PMEGP project report now!

How Can Finline Help You with the Best Project Report for Rice Bran Oil Business?

Starting a rice bran oil business requires proper funding, and banks will only approve your loan if you have a well-structured project report. Finline helps you create a detailed and bank-approved project report in less than 10 minutes, making the loan application process smooth and hassle-free.
Finline’s reports follow all banking guidelines, ensuring that financial institutions get all the necessary details about your business plan, investment needs, and expected profits. Whether you are setting up a new rice bran oil unit or expanding an existing one, a strong project report increases your chances of securing funding.
More than 3 lakh entrepreneurs across India have trusted Finline to prepare their project reports and successfully get business loans. Leading banks, including SBI, Union Bank, and Bank of Baroda, accept these reports for loan approvals.
If you want a quick and reliable way to get your business loan approved, Finline is the best solution. Don’t let complicated paperwork slow you down—get started today and create your project report for rice bran oil business with ease! 
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