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Maize Starch

Maize also known as corn is a cereal grain. Maize has become a staple food in many parts of the world, with total production surpassing that of wheat or rice. However, not all of this maize is consumed directly by humans. Some of the maize production is used for corn ethanol, animal feed and other maize products, such as corn starch and corn syrup. The six major types of corn are dent corn, flint corn, pod corn, popcorn, flour corn, and sweet corn. Maize is grown in Uttar Pradesh, Bihar, Rajasthan, Punjab, Madhya Pradesh, Himachal Pradesh, Gujarat, Jammu and Kashmir, Andhra Pradesh, Mysore, and Haryana. Starch is a group of polysaccharides, composed of glucopyranose units joined together by-glucosidric linkages. It conforms to the molecular formula, (C6-H10O5)n, where n varies from a few hundred to over one million. Starch is found as the reserve carbohydrate in various parts of plants and is enzymatic ally broken down to glucose to other carbohydrates according to the metabolic needs of the plants. Maize Starch exhibits all the properties of native starch with some special features such as non-foaming & non-thinning characteristics of boiling solution. Hence, maize starch has a marginal effect on the efficiency in weaving and paper industry. Where high viscosity starch is used, it imparts higher tensile strength to the fibre and thus improves the sizing. Maize starch has various direct and indirect uses in many industries. Maize starch has a low ash and protein. Our maize starch is extracted from Hybrid corn varieties, which are available near, by our plant. Maize starch is used in food, paper, Pharma and Textile industries. This is mainly because the area under kharif maize (2016-17) saw a jump to 84.26 lakh ha. There is a bearish trend in the global maize market due to over production in key maize growing countries led by US. Given the global scenario which hints a surplus production this year and assuming the normal kharif maize area, the Agricultural Market Intelligence Centre projected the prices of maize at kharif harvest period of 2017-18. India corn starch market is estimated to be valued at 1.37 Billion in 2018 and is estimated to grow at a CAGR of 3.9% during the forecast period 2019–2024. Corn Starch production in India is very fragmented since there are a large variety of producers or manufacturers with different production capacities. The main raw material for the same is maize but to a small extent, some other materials and used and they include rice, potato and tapioca. The key products or derivatives which are hence obtained include modified starches, syrups, sweeteners, corn germ and others. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Aksharchem (India) Ltd. Devi Corn Products Ltd. Kasyap Sweetners Ltd. Sahyadri Starch & Inds. Pvt. Ltd. Roquette India Pvt. Ltd. Spac Starch Products (India) Ltd. Sukhjit Starch & Chemicals Ltd. Tirupati Starch & Chemicals Ltd. Wockhardt Health Care Ltd.
Plant capacity: Maize Starch: 31 MT / Day Germ Bye Product: 5 MT / Day Gluten Bye Product: 3 MT / Day Husk/Bran Bye Product: 8 MT / Day Steep Liquor Bye Product: 2 MT / DayPlant & machinery: Rs 1124 lakhs
Working capital: -T.C.I: Cost of Project : Rs 2349 lakhs
Return: 21.00%Break even: 46.00%
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