Edible oil is a prominent part of any Indian cuisines. Without cooking oil, it is difficult to imagine our diverse and delicious cuisines. There are numerous types of edible oils available in the market. However, we need to select the one which best suits our lifestyle and food habits. Picking the right edible oil option is very important, as family members consume it every day. Conventional oils are refined, processed and adulterated. They just provide with fats as the nutrients diminish during the processing. Hence, one should go for organic oils that are natural, pure, cold-pressed and unrefined. Cold Pressing is a mechanical process in which the oil is extracted and separated from the oil seeds or nuts at room temperature without any chemical intervention. Cold-pressed oil is loaded with essential antioxidants, vitamins and keeps the nutrients intact since there is no application of external heat which makes them a much healthier option.

Increasing rates of obesity, its associated diseases and awareness of how oil is extracted are few reasons why cold pressed oils are again finding place in our kitchen pantries. The willingness to try and incorporate these traditional health foods in cooking is definitely making it popular among the health conscious. With the improvement in living standards of people, consumption of organic edible oils is also increasing every passing day. Therefore, the extraction of vegetable oil is a profitable venture that in most cases rewards the manufacturers with profitable returns. Therefore, initiating a rotary cold press oil milling unit is a lucrative opportunity for the entrepreneurs.

The Indian edible oil market is the fourth largest in the world after the U.S.A, China and Brazil. Additionally, it accounts for around 9% of the world’s oilseed production. Over the last few years, edible oil consumption has increased substantially mainly due to a rise in overall household income, surging retail sector, increasing health awareness and growing population etc. Apart from cooking, edible oils has adequate demand in the cosmetics and other industries as well. However, increasing demand has not matched the level of production and thereby facilitating the imports of edible oil in the country. The industry experts expect a robust expansion of the Indian edible oil market shortly.

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

ENCLOSURE-2: 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.