Capacity (Input) : 8 TPD
Investment : 3.40 Crore
Project Description
The Indian spices market is projected to reach approximately USD 18 billion by the end of 2020 with growth in the sector is expected to be led by branded spices and spice mixes. The Indian government is aggressively promoting spice exports through various initiatives such as setting up of spice parks. Spice Parks offer common processing facilities to both producers and exporters
Spice pastes are made up of many natural ingredients including spices, herbs, fruits, and vegetables which can be used in an endless number of combinations. These are ground up into a paste, usually with some oil, vinegar or water, to produce intensely concentrated flavors
A Spice paste is a semi-liquid colloidal suspension, emulsion, or aggregation used in food preparation or eaten directly as a spread. Pastes are often spicy or aromatic, prepared well in advance of actual usage, and are often made into a preserve for future use.
Finished Product: Ginger Garlic Paste
Land Area Requirement
Land should be located near to the growing Agri-cluster area easily connected with the Transportation Facility. The Project Land/Building should also have easy availability of water and electricity. The ideal land requirements for the project is a minimum of 3000 Sq. Mtr.
Process Flow
•Raw Material
•Peeling & Slicing
•Pulverizing
•Mixing
•Pasteurization
•Cooling
•Packaging
Cost of Project (In Lakhs)
· Civil Work : 100.00
· Plant & Machinery with Utilities : 200.00
· Other Expenses : 40.00
· (i.e. Preoperative, Contingencies, IDC, etc.)
· Total Cost (In Lakhs) : 340.00
Means of Finance (In Lakhs)
· Promoter Contribution : 100.00
· Bank Loan and Subsidy/ Grant : 240.00
· Total Cost (In Lakhs) : 340.00
Approx Turnover (In Crore) : 7.50
Average IRR for 5 Years : 21.00 %
Above mentioned project details and cost is tentative it may vary on actual project cost calculation.
Subsidy by Central Government (MoFPI)
(Reference:https://www.aecengg.com/food-central-government)
•Ceiling upto 5 Crore
•35% for General Areas
•50% for Himalayan States
•50% for North Eastern India
•50% for SC/ ST
•Under the Pradhan Mantri Kisan Sampada Yojana
Subsidy by State Government
(Reference: https://www.aecengg.com/food-state-government)
•From 25 to 50%
•Capital Subsidy
•Interest Subsidy
•Air/ Sea Freight Subsidy
•GST Incentives
•Electricity Rate and Stamp Duty
Our Services
•Detailed Project Report
•Assistance for Bank Loan
•Project Planning and Feasibility Study
•Project Implementation
•Monitoring and Evaluation Services
•Supply Chain Management
•Agriculture Advisory Services
•Product Development
•FSSAI License Service
Address: 1 - B-307, Swagat Rainforest-2, Kudasan, Gujarat 382421
Address: 2 - AEC, Village: Bhag Khera, Jind, Haryana
Phone : +91 84888 68449, +91 9016448449, +91- 9958000178
Email : aec.jind@gmail.com
Website : https://www.aecengg.com/
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