Compostable bags are made from renewable raw materials. They are certified to degrade or break down naturally in either a composting facility or home composting environment. Designed to biodegrade, bio plastics are made from sources such as vegetable oil, cornstarch, pea starch or microbiota. Materials like plants, animals, their waste, paper, fruits, flowers, vegetables fall under biodegradable substances, on the other hand, rubber, plastic, chemicals, paint plastic falls under the category of the non-biodegradable items. The ban on the use of plastic carry bags of a certain quality by governments and civic bodies across the country is an opportunity for the development of biodegradable plastic. Such material can be made into bags for the same purpose of carrying goods. The retailing industry has fully embraced the use of biodegradable plastic bags and this goes to show that there is indeed a very large market for biodegradable plastic bags in our world.

The global biodegradable plastic is anticipated to reach USD 6.12 billion by 2023 at a CAGR of 15.1%. One of the leading sectors for biodegradable plastics is packaging. It is used in flexible and rigid packaging. Conventional plastics are now being replaced by biodegradable plastics in food packaging such as cups, plates, wraps, which is further boosting the biodegradable plastics market. Another reason for the driving growth is the rising consumer awareness towards sustainable plastic solutions. The market is witnessing a significant boost due to the agricultural sector as well. There has been a rising demand for biodegradable mulch film to ensure conducive soil temperature, suppression of weed growth and conservation of water in the soil.

A Project Report is not only essential for obtaining financial assistance from Bank/ Financial Institution/Funding Agency but also the most important document either to participate in the development schemes of MSME Sector/ Department of Industries or in completing various time consuming government formalities connected with planning and commercial operation of the proposed business project.

This Detail Project Report (DPR)/ Business Plan has been developed in a well-structured PDF Format (Easy to Download, Convert into MS WORD through www.pdftoword.com, Edit for Personalised Customisation and Finally Printing the Report) to be presented as a Ready Project Proposal immediately thereby saving precious time of the promoter in the process of completing requisite formalities in anticipation of setting up the business project. Accordingly, following Project Templates has been deliberately left blank in order to facilitate customisation by the perspective entrepreneurs based on personal requirements and furnish necessary information on actual basis.

§ Project at a Glance                                     :             To be Filled Up as per Personal Requirements.

[Total Capital Expenditure, Working Capital, Estimated Cost of the Project, Amount of Bank Loan, Amount of Equity Capital and Amount of applicable Margin Money Subsidy – (Urban/Rural /General Category/ Special Category)].

§ General Information and Location          :             To be Furnished in the Blank Space.

[Name of the Unit/Firm, Address of the Proposed Project Location, Size of the Space Available and Occupancy under Ownership/Lease Agreement].

§ Promoter’s Background                            :             To be Furnished in the Blank Space.

[Name of the Promoter, Age, Communication Address, Educational Qualification, Work Experience and Special Training Attended, if Any].

The Project Report/ Business Plan so presented include all the important aspects containing the following details;

CONTENTS

1.   Highlights of the Project

2.   Project Introduction

3.   The Project Proposal

4.   Prospect for Investment

5.   Potential Target Customers/Market

6.   Marketing Strategy

7.   Critical Success Factors

8.   Process Details and Technical Aspects

9.   Installed and Operational Capacity

10. Quality and Standards

11. Raw Materials and Consumables

12. Power and Utility

13. Tentative Implementation Schedule

14. Basis & Presumptions

15. Capital Investment Estimates with Detail Project Economics

16. Computation of Working Capital Requirement

17. Estimated Total Project Investment

18. Proposed Means of Project Financing

19. Estimated Annual Sales Turnover

20. Projected Profitability Statement

21. Calculation of Interest Amount

22. Depreciation Schedule

23. Term Loan Repayment Schedule

24. Debt Service Coverage Ratio

25. Break-Even Analysis

26. Projected Cash Flow Statement

27. Projected Balance Sheet

28. Internal Rate Return

29. Pay Back Period

The presentation also supplements with important facts and useful information covering the areas as indicated below;

1.   Statutory Permits and Business Licenses Required for the Project

2.   Important Steps to Start the Project and

3.   Tips to Identify Suitable Project Location.

LIST OF ENCLOSURES

ENCLOSURE-1: E-BOOK ON SCHEMES FOR MSMEs, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-2: SALIENT FEATURES OF MUDRA LOAN SCHEME, MINISTRY OF MSME, GOVT. OF INDIA.

ENCLOSURE-3: FAQ ON MUDRA LOAN SCHEME.

ENCLOSURE-4: BRIEF ABOUT PSB LOANS IN 59 MINUTES SCHEME.

ENCLOSURE-5: FAQ ON PSB LOANS IN 59 MINUTES SCHEME.

Thus the information provided would help in identifying in advance the infrastructure/resources required for the Project and approach the concerned government agencies accordingly. Hence, it becomes a complete document for further action towards realising the dream of becoming an entrepreneur.