GINGER GARLIC PASTE PROJECT REPORT

Ginger and Garlic Paste is mainly used as a condiment in various food preparation. Ginger & garlic-based products have wide applications in food processing as well as many other industries. Ginger garlic paste adds a very pleasant aroma and flavour to the food items. Though ginger and garlic paste can be prepared at home, a ready-to-use ginger garlic paste saves a lot of time especially for working women professionals who are hard-pressed for time and not just housewives. Major raw materials are ginger and garlic. Other required raw materials are preservative and packaging consumables. Ginger garlic paste packaging generally comes in two types. One is in pouch packaging and another is the container. Since it is one of the primary cooking ingredients in India there is a huge demand for the paste among almost all the households. Therefore, starting a ginger garlic processing business is a lucrative business opportunity for entrepreneurs.

Ginger and Garlic are important commercial crops with versatile applications. In India, Assam is the largest producer of ginger. Madhya Pradesh and Rajasthan are the major garlic producing states in India. Ginger garlic paste is one of the essential ingredients in Indian cuisines. Apart from domestic use, hotels, restaurants and different eatery centres use this paste on a continuous basis. The cooking-paste market is growing at 35% every year and ginger garlic paste has good market potential (if the product is manufactured and packed in small quantities such as 50 gms and 100 gms packets). The increase in the population of working women due to higher standards of education and rising urbanisation has led to changing lifestyles and less time to cook food at home. Rapid digitalisation is another key factor influencing the sales in the Indian ready-to-use food market. Both, increased expenditure on food and food delivery services, have contributed to the growth in the Indian food industry that cannot survive without the ginger garlic paste. Given this scenario, it is quite imperative that there is a huge demand for ginger garlic paste at domestic and commercial level.

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.    Prospect for Investment

6.    Potential Target Customers/Market

7.    Market Entry Plan

8.    Process Details and Technical Aspect

9.    Installed and Operational Capacity

10. Raw Materials and Consumables

11. Power and Utility

12. Tentative Implementation Schedule

13. Basis & Presumptions

14. Capital Investment Estimates with Detail Project Economics

15. Computation of Working Capital Requirement

16. Estimated Total Project Investment

17. Proposed Means of Project Financing

18. Estimated Annual Sales Turnover

19. Projected Profitability Statement

20. Calculation of Interest Amount

21. Depreciation Schedule

22. Term Loan Repayment Schedule

23. Debt Service Coverage Ratio

24. Break-Even Analysis

25. Projected Cash Flow Statement

26. Projected Balance Sheet

27. Internal Rate Return

28. Pay Back Period

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 SCHEMES FOR MSMEs, MINISTRY OF MSME, 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.