Papad is a thin wafer-like popular food product and one of India's most popular delicacies. Papad enriches the taste of the food irrespective of any meal. This FMCG item is a crispy, round-shaped, thin disc-like edible item usually made from different types of flour. The other popular names are Papadum and Papar. Originally, a woman named “Lijjat” had started this Papad business with the name of “Shri Mahila Griha Udyog Lijjat Papad” organization in the year 15th March of 1959 at Mumbai, Maharashtra. The huge quantities of papadums are produced on the open market and by the year 2005, the annual income had become about Rs. 650 crores (US$ 94 Million).
Initially, it was made from black gram flour and is considered to be the standard one. People consume papad either as roasted or as fried. Apart from household consumption, hotels, restaurants are the bulk consumers of this product. The shelf life of Papad is somewhere between 2½ to 3 months. Papad making is considered a very profitable food processing business opportunity, considering its low-cost capital investment and the market for papad is expanding.
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. 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.