Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.


Cumin, Turmeric, Chilly & Coriander Trading or Exporter

Capacity 0 Plant and Machinery cost 0.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 0.00 %
Break Even Point (BEP) 0.00 % TCI 0.00 Lakhs
Cost of Project 0.00Lakhs

Description:

In the food industry, spices are a very well-liked ingredient. They aid in food preservation in addition to flavoring dishes. Coriander, chili, turmeric, cumin, and garlic powder are a few of the most sought-after spices that can be purchased at grocery shops and on the internet. These spices can also be found in other fields, such cosmetics or fragrances. Prior to making any stock purchases, it's critical to determine who your target market is if you want to launch your own spice trading company.

 

Watch Video: Trading/Export Business of Chilly, Cumin, Coriander, and Turmeric | Start Export Business of Spices

 

As with anything else, success depends on knowing your customer. Consider using different brands if your target market is someone who needs inexpensive spices for everyday cooking as opposed to someone who uses spices less frequently (e.g., cooks on TV shows). The number of consumers you will have also has to be taken into account because it will have an impact on how much stock you need to purchase and how frequently deliveries need to be made. While export is the act of selling a good abroad, trade refers to both buying and selling goods.

 

Visit this Page for More Information: Start a Business in Export Oriented Units Business / Start a Business in Spices Industry

 

Uses and Applications:

Since coriander has a mild, somewhat lemony flavor, it is utilized in food all over the world. Additionally, it functions as a natural treatment for respiratory issues. Typically, dried chili peppers are mashed into a paste or sauce together with other ingredients like garlic, vinegar, sugar, salt, or oil.

 

Download Pdf: Cumin, Turmeric, Chilly & Coriander Trading or Exporter

 

Curry powder frequently contains the spice turmeric, which is also the key component. Additionally, it functions as a natural treatment for joint pain. The earthy flavor and aroma of cumin, which is frequently mistaken for caraway or cilantro, make it the ideal ingredient for stews and curries. Digestive assistance is attributed to cumin.

 

Related Business Plan: Trading Business (Export & Imports)

 

Scope for Startups a Spice Trade/Export Industry:

Spices have a huge global market. Each year, the United States imports spices worth around $3 billion, the most of which are from India. With an annual spice import bill of nearly $1 billion, China ranks second in the globe. It's simple to understand how launching a trade/export business in spices could be successful. You'll need to be familiar with the details of international trade laws, but with a customs broker's assistance, you should be able to straighten everything out. To store goods before they are sent overseas, you'll need your own office or warehouse space. The price of components, the demand on any given day, and even weather patterns can have an impact on spice pricing. Due to these shifting variables, it's critical to follow trends so that you can make informed judgments when it's time to purchase or sell. If this is your plan, be sure you have enough cash on hand. Maintain accurate records and look into market fluctuations.

 

Read Similar Articles: SPICES

 

Benefits of Starting Trading/Export of Spices (Coriander, Chili, Turmeric & Cumin) Business:

Starting your own spice trading and export business has several advantages (coriander, chili, turmeric & cumin). With this kind of business, you could support yourself well. The advantages of working for oneself as opposed to someone else may be something you may profit from. The owner may have complete control over the hours, tasks, and other aspects of their work. Compared to other business kinds, trade and export enterprises often have lower capital startup expenses. Trade and export is the ideal option if you want to start your own business or work for yourself independently of others. It's also feasible that you won't need to pay any start-up costs because you can do it on your own by simply purchasing goods in bulk and selling them locally or abroad.

 

Read our book here: Start Your Own Export Business, Guidelines for Exporters

 

India Market Outlook of Trading/Export of Spices (Coriander, Chili, Turmeric & Cumin):

India is the world's top producer of spices, exporting 14 million tonnes of them every year. When comparing the two, India really exports more than four times as much as it imports. India is expected to surpass China as the world's leading exporter of spices at current rate. In actuality, several spices from India are consumed internally rather than exported. Even if you were only looking at export opportunities for your business idea, India would be a great place to start. Typically, spices are used as flavoring ingredients in food or medication. On the domestic front, India is a prominent producer and exporter of all these spices. There is a sizable demand for domestically produced spices not only in India but also in nations like the US, EU, Arab states, and South Asian nations. More than 2.7 million tonnes of spices are produced in India, and 8 to 10% of those tonnes are exported. India makes up about 40–50% and 25%, respectively, of the volume and value of the world's commerce in spices. As a result, India's supply and demand have a big influence on the world market.

 

Related Feasibility Study Reports: Trading Business (import And Export- Merchant) - Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost And Revenue, Plant Economics, Working Capital Requirement

 

Global Market Outlook of Trading/Export of Spices (Coriander, Chili, Turmeric & Cumin):

The global market for spices was valued at USD 5.86 billion in 2019; from 2020 to 2027, it is expected to grow at a CAGR of 6.5%. For many years and even now, the trade in spices has been a substantial industry. More than two thirds of the world's spice trade is conducted in Asia, with the Middle East coming in second. But North America is quickly catching up. Spice imports to the United States alone were over $3 billion in 2014. In that year, Chile ranked first in the world for spice exports with a value of little under $2 billion.

 

Watch other Informative Videos: Just For Starters: How to Start Your Own Export Business

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Information

  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

ABOUT NPCS

 

NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.

 


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:


• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period


We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.

 

The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?


The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.


Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.

 

Our Approach:


• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.

 

Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

 

 

Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity

 

Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers

 

Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

 

Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)

 

Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram

 

Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities

 

Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR