Jaggery, popularly known as Gur, is a golden-yellow to dark brown in texture, is one of the organic food obtained by concentrating the sugarcane juice as it is available in the form of solid block and in semi-liquid form. Jaggery, the most valued traditional sweetener is very widely used not only in individual households but also in many eateries, restaurants, canteens, hostels and it has certain industrial applications as well. In this health conscious era where healthy food is preferred over normal food, Jaggery plays an important role. It is also called as non-centrifugal sugar. Jaggery has much nutritional and medicinal aspect like its anti-carcinogenic and antitoxic activity. After Pandemic Covid-19, consumers focussed on the use of Jaggery as a component of many of the food and beverages like Chyawanprash and decoctions (Kadha), predominantly used as immunity-boosting sequels. As a traditional sweetener, Jaggery is produced in small units using local machinery in rural areas. Jaggery is produced nearly in 25 countries and India is the largest producer of Jaggery under an unorganised agro-processing sector, sharing more than 60% of the total world production, followed by Colombia (11%). In India, Uttar Pradesh is the major producer of Jaggery followed by Tamil Nadu, Maharashtra and Bihar.

Jaggery plays an important role in meeting the sweetener demand of the nation. The demand for Jaggery is steadily growing many folds in the urban, semi-urban and rural areas. Demand for caloric sweeteners as Jaggery is projected to grow by 33 Mt over the outlook period to reach 213 Mt in 2027. There are several applications of Jaggery and almost all Indian households use it on day-to-day basis. Market for Jaggery is round the year whereas its production is only during the sugarcane season and thus factory works for around 6 to 7 months only every year. It has shelf-life of more than couple of months. The rising demand for sweeteners has brought focus on Jaggery, an important cottage industry in economies of the nation for their implications on employment and income. Now the concept of product diversification as Jaggery making may prove another avenue for further increase in farmer’s income besides long term engagement of the migrant labourers. In view of constantly growing market, it should not be difficult for a new entrant to enter and capture the market.

The proposed project is that of setting up of Jaggery Making Business unit at the proposed location. The potential target customers and market for the proposed set-up would comprise of the customers of local Retail Stores, Departmental Stores, Convenience Stores, Supermarkets/ Hypermarkets, Tea Stalls, Fast Food Outlets, Restaurants, Hotels, Canteens and Online Stores etc. 

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.    Project at a Glance

2.    Highlights of the Project

3.    Project Introduction

4.    The Project Proposal

5.    The Products and its Uses

6.    Prospect for Investment

7.    Potential Target Customers/Market

8.    Market Entry Strategy

9.    Process Details and Technical Aspect

10. Installed and Operational Capacity

11. Quality Control and Standards

12. Raw Materials and Consumables

13. Power and Utility

14. Tentative Implementation Schedule

15. Basis & Presumptions

16. Capital Investment Estimates with Detail Project Economics

17. Computation of Working Capital Requirement

18. Estimated Total Project Investment

19. Proposed Means of Project Financing

20. Estimated Annual Sales Turnover

21. Projected Profitability Statement

22. Calculation of Interest Amount

23. Depreciation Schedule

24. Term Loan Repayment Schedule

25. Debt Service Coverage Ratio

26. Break-Even Analysis

27. Projected Cash Flow Statement

28. Projected Balance Sheet

29. Internal Rate Return

30. Pay Back Period

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

LIST OF ANNEXURES

1.  Basics of Food Processing Business

2.  Indian Food Processing Industry- Current Scenario and Recent Govt. Initiatives

3.  Statutory Permits and Business Licenses required for the Project

4.  Beginner’s Guide to Start the Project

5.  Smart Tips to Identify Suitable Project Location

6.  Critical Success Factors in Food Processing Business and

7.  Marketing Strategy and Promotional Ideas to Boost the Sale of the Business.

LIST OF ENCLOSURES

ENCLOSURE-1: READING MANUAL FOR JAGGERY BUSINESS, PMFME SCHEME, MINISTRY OF FOOD PROCESSING INDUSTRIES, GOVT. OF INDIA.

ENCLOSURE-2: E-BOOK ON PMFME SCHEME, MINISTRY OF FOOD PROCESSING INDUSTRIES, GOVT. OF INDIA.

ENCLOSURE-3: LATEST LIST OF “ONE DISTRICT ONE PRODUCT” (ODOP) FOR 713 DISTRICTS OF 35 STATES/UNION TERRITORIES UNDER PMFME SCHEME, MINISTRY OF FOOD PROCESSING INDUSTRIES, GOVT. OF INDIA.

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.