The market of the herbal extracts and aromatic plants is gradually growing with the increasing demand for herbal products as safe alternatives/substitutes to the synthetic modern medicines. In spite of being the pioneer country in the field of herbals, unfortunately India’s share in the international market is less than 0.3%. Our export turnover of herbal extracts including the standardized ones and the isolated active principals from herbs is not even 500 crores whereas the international potential is more than eleven thousand crores. The inherent herbal treasure of the country provides ample opportunities to set up herbal processing centre in any part of the country. Presently the herbal traders are primarily engaged in cultivation and collection of raw herbs and supply them as raw material to the herbal formulation units across the country. A modern processing plant with State-of-the-art analytical, standardization and quality control functions would enable processing of raw herbs into value added products and formulations and would assist the state in realizing high value margins in the domestic and international market.

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 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].

This Project Report/ Business Plan covers all the important aspects of the Project containing Highlights of the Project, Introduction, Market Analysis, Operational Aspects and Financial Aspects. The presentation also supplements with important facts and useful information covering the areas as indicated below;

LIST OF ANNEXURES

1.     Statutory Permits and Business Licenses required for the Project

2.     Smart Tips to Identify Suitable Project Location

3.     Beginner’s Guide to Start the Project

4.     Critical Success Factors in MSE Business and

5.     Market Entry, Distribution, Marketing Strategy and Promotional Ideas to Boost the Sale of the Business.

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.