JACKFRUIT PROCESSING PROJECT REPORT

Jackfruit is one of the most significant tropical fruit produced in India. Jack grows well and gives good yield in warm humid climate of hill slopes and hot humid climate of plains. Jackfruit is also known as the poor man's food in the Eastern and Southern part of India. India is considered as the motherland of jackfruit. In India, it has wide distribution in Assam, Meghalaya, Tripura, Bihar, Uttar Pradesh, the foothills of the Himalayas and South Indian States of Kerala, Tamil Nadu and Karnataka. The tender fruits of the tree are used as vegetables and the ripe ones as table fruits. The traditional varieties bear fruits once in a year. Usually, the flowering starts from mid-November and extends till mid-February, depending on the location and the variety. The tender fruits come to market from March onwards and continue till August. The fruits begin to ripe in the month of June.

However, Jackfruit is perishable and cannot be stored for long time because of its inherent compositional and textural characteristics. In every year, a considerable amount of jackfruit, specially obtained in the glut season (June-July) goes waste (30 to 34 %) due to lack of proper post-harvest knowledge during harvesting, transporting and storing. Processing is important technique for the preservation of jackfruit. It adds diversified and attractive food items in dietary menu as well as contributes to income generation and employment.

Jackfruit is the favourite fruit for many, owing to its sweetness in taste and also due to rich nutrients. It can act as source of complete nutrition to the consumers. The fruit is equivalent to Avocado and Olive in terms of the healthier mix of nutrients for human dietary needs, almost having the exact nutrient equivalents of mother’s milk. It is rich in vitamin B and C, potassium, calcium, iron, proteins and high level of carbohydrates, affordable and readily available supplement to our staple food. It is heavy and bulky fruit and hence transportation is not very easy and is costly as well. Therefore, its down the stream products with longer shelf-life can be easily transported and shall also have value-addition.

In order to provide employment to more and more people, Jackfruit Processing has been included in the One District One Product (ODOP) approach adopted under the Centrally Sponsored Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme. Some of the selected districts for Jackfruit Processing under ODOP Scheme are Sonitpur district of Assam, South West Garo Hills district of Meghalaya and Pathanamthitta district of Kerala 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: 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.