Virgin Coconut Oil - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue
|The coconut is the most extensively grown and used nut in the world and the most important palm. The export of coconut and coconut products from India increased by 10.50 per cent to `1450.24 crore in 2015-2016. The increase in quantity exported of desiccated coconut, coconut oil and activated carbon when compared to previous year was 63, 23 and 13 per cent respectively. There are greater prospects for exports of coconut oil, virgin coconut oil and desiccated coconut from India in 2016-17 as the prevailing domestic price is less when compared to the international market.Virgin coconut oil (VCO) is growing in popularity as functional food oil and the public awareness of it is increasing. It is expected that VCO will experience a dramatic growth in the market. The growing demand for virgin coconut oil (VCO) in the international market is expected to directly benefit coconut farmers in the State, with the Coconut Development Board (CDB) initiating steps to help local farmers set up their own large-scale VCO units.The demand for VCO in the international market has increased considerably. In 2013-14, the export of VCO was Rs 5 crore, which increased to Rs 25 crore in 2014-15. This year, we estimate that VCO exports from India would touch Rs 75 crore.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Andhra Pradesh State Civil Supplies Corpn. Ltd. • ConfroAgros Ltd. • Diligent Industries Ltd. • K P L Oil Mills Pvt. Ltd. • Prima Industries Ltd. • Raj Oil Mills Ltd. • Sambandam Solvent Extraction Ltd.|
|Plant capacity: 720 MT/Annum||Plant & machinery: Rs. 15 lakhs|
|Working capital: -||T.C.I: Cost of Project : Rs. 171 lakhs|
|Return: 29.00%||Break even: 58.00%|
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