EXTRACTION OF SPICE OLEORESIN (Chilly)- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities
PROJECT DESCRIPTION
Chilly is available in throughout India. It is one of the abundantly domestically used as well as commercially used spices. For extraction of chilly oil and oleoresin, there will be use of solvent extraction process or steam distillation process. Chilly is an important cash crop in India. Its annual production is 8.4 lakh tonnes out of which only 10% is being exported to other nations. Spice oils and oleoresins serve as an alternative to whole and ground spices. On addition of oleoresins, all the flavour components of the spices are released in the food. It can be used in the medicinal purpose, aromatherapy, preparation of derivatives of essential oils and oleoresin etc.
India is the largest producer and consumer of spices in the world. The present production of spices is around 2700 lakh tonnes per annum, which accounts for 30% of the world production. As a whole manufacturing of spice oleoresin is a good business, which has bright scope in our country as well as in the export market.
| Plant capacity |
Plant & machinery |
Working capital |
Cost of Project |
T.C.I |
Return |
Break even |
| Chilly Oleoresin ” 9 MT / Annum, Chilly Oil ” 2.16 MT / Annum, Ground Chill Powder ” 58.50 MT / Annum |
137 Lakhs |
- |
0 |
Cost of Project : 274 Lakhs |
38.00 |
46.00 |