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Edible Oils, Non Edible Oils, Fats, Vegetable Fats and Oils, Corn Oil, Cooking Oils, Rice Bran Oil, Castor Oil, Sesame Oil, Linseed Oil, Vanaspati Ghee Projects

India is a leading player in edible oils, being the world’s largest importer (ahead of the EU and China) and the world’s third-largest consumer (after China and the EU).A growing population, increasing rate of consumption and increasing per capita income are accelerating the demand for edible oil in India.

India is one of the largest producers of oilseeds in the world and this sector occupies an important position in the agricultural economy. Oilseeds and edible oils are two of the most sensitive essential commodities.  India grows oilseeds on an area of over 26 million hectares, with productivity of around 1000 kg a hectare. But self –reliance in edible oils is not in sight and the country imports almost half of its edible oil requirements.

India has a wide range of oilseeds crops grown in its different agro climatic zones. Groundnut, mustard/rapeseed, sesame, safflower, linseed, castor are the major traditionally cultivated oilseeds.  Soyabean and sunflower have also assumed importance in recent years. Coconut is most important amongst the plantation crops. Among the non-conventional oils, rice bran oil and cottonseed oil are the most important. The Indian edible oil industry is composed of some 15,000 oil mills, 600 solvent extraction units, 250 vanaspati units and about 400 refining units.

The National council of Applied Economic Research has projected the demand for edible oils under three scenarios on the basis of per capita income growing annually by 4%, 5% and 6%.Under the low growth scenario, the demand was to rise to 22.8 million tones, under medium growth scenario to 25.9 million tones and under high growth scenario to 29.4 million tones in the near future. The edible oil industry is largely dominated by the bulk segment. Unbranded segment accounts for anywhere between 80 and 90% of the total consumption. Imports are taking place in two forms-refined and crude oil. A large part of the crude oil gets sold as unbranded oil. The share of raw oil, refined oil and vanaspati in the total edible oil market is estimated at 35%, 55% and 10% respectively.

Coming to the non edible oil sector, there has been a great potential for production of bio-fuels like bio-ethanol and biodiesel. The country has been hit hard by the increased cost and uncertainty and so is exploring other energy sources occurring, bio-diesel, extracted from trees is one such alternative under consideration. Bio-diesel would be cheap to produce as it can be extracted from certain species of tree that are common in many parts of India. Due to the concern on the availability of recoverable fossil fuel reserves and the environmental problems caused by the use those fossil fuels, considerable attention has been given to biodiesel production as an alternative to petrodiesel. The focus is on biodiesel production which is produced from vegetable oils, animal fats or non-edible oils. Talking of non edible oils, the castor oil presently bears a great importance in this sector. Castor oil is one of the most useful plant oils. Castor Oil, in various grades, is used in pharmaceuticals, food and other industries. In addition, castor oil and its derivatives & castor-based oleochemicals are the source of a number of useful oleochemicals.

India’s edible oil imports increased to 6.12 lakh tonnes in the fiscal ended March 2010 while the non-edible oil imports fell to 20,575 tonnes, according to the Solvent Extractors Association.
The fall in the imports of non-edible oil was due to the higher imports due to the larger stocks at ports for lift and in pipelines. The country had imported 6.41 lakh tonnes of vegetable oils comprising edible and non-edible oil in March 2009. However, the overall import of vegetable oils rose 4.3% to 37.47 lakh tonnes during November 2009 to March 2010 compared with 35.92 lakh tonnes in the corresponding period of the previous year. Non-edible oil imports rose by 2.5% to 1.62 lakh tonnes during November 2009 to March 2010 compared with 1.58 lakh tonnes in the year-ago period, while edible oils imports increased to 35.85 lakh tonnes from 34.34 lakh tonnes.

Going by the market Statistics, the edible and non edible oil sector is all set for a boom in the market.The edible and non edible oil Industry needs to be strengthened by raising productivity, ensuring a reasonable price to the farmers and levying import duties at a reasonable level. Controls and regulations by government have left the oil industry in a highly competitive market dominated by both domestic and multinational players. It is the right time for an entrepreneur to venture into this sector which is highly profitable.

 

 

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COCONUT OIL FROM COPRA - 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

Coconut oil, also known as coconut butter, is a tropical oil with many applications. It is extracted from copra (derived from Malayalam word "kopra" which means dried coconut). Coconut oil constitutes seven percent of the total export income of the Philippines, the world's largest exporter of the product. Coconut oil was developed as a commercial product by merchants in the South Seas and South Asia in the 1860s. Coconut oil is a fat consisting of about 90% saturated fat. The oil contains predominantly medium chain triglycerides, with roughly 92% saturated fatty acids, 6% monounsaturated fatty acids, and 2% polyunsaturated fatty acids. Of the saturated fatty acids, coconut oil is primarily 44.6% lauric acid, 16.8% myristic acid a 8.2% palmitic acid and 8% caprylic acid, although it contains seven different saturated fatty acids in total. Its only monounsaturated fatty acid is oleic acid while its only polyunsaturated fatty acid is linoleic acid. Unrefined coconut oil melts at 24-25°C (76°F) and smokes at 170°C (350°F), while refined coconut oil has a higher smoke point of 232°C (450°F). Among the most stable of all oils, coconut oil is slow to oxidize and thus resistant to rancidity, lasting up to two years due to its high saturated fat content.[citation needed] It is best stored in solid form, below 24.5°C (76°F) in order to extend shelf life. However, unlike most oils, coconut oil will not be damaged by warmer temperatures. Globally 5.5 million tons of coconuts are produced annually. Indonesia, Philippines and India are top three leading producers with production share- 27%, 23% and 22% respectively. SriLanka, Mexico, Vietnam, New Guinea and Brazil are other important producers. 3 – 3.5 million tons of coconut oil is produced annually around the world while consumption figure globally is around 3.8 million tons. Annually around 2 lakh ton raw copra, 1 lakh ton meal and 3.5 lakh ton coconut oil is traded worldwide. Indonesia, Philippines, SriLanka are important market for coconut and copra India produces around 12141 million nuts of coconut, 6.5 – 7 lakh ton of copra Oil recovery from copra is 65 - 72%, annually 4 – 4.5 lakh tons of coconut oil is produced in the country SEA of India has forecasted 6.5 lakh tons of copra and 4.2 lakh coconut oil production in 2005-06. The production is highly dependent on the monsoon and incidence of pest and diseases and fluctuates between years. India imports around 2000 – 7000 tons of crude coconut oil. There is a good scope for new entrants.
Plant capacity: 10 Ton / DayPlant & machinery: 33 Lakh
Working capital: -T.C.I: 358 Lakh
Return: 50.00%Break even: 36.00%
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SUNFLOWER 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, Plant Economics

Sunflower oil is the non-volatile oil expressed from sunflower (Helianthus annuus) seeds. Sunflower oil is commonly used in food as a frying oil, and in cosmetic formulations as an emollient. Sunflower oil contains predominantly linoleic acid in triglyceride form. The British Pharmacopoeia lists the following profile: Palmitic acid : 4 - 9%, Stearic acid : 1 - 7%, Oleic acid : 14 - 40%, Linoleic acid : 48 - 74%. There are several types of sunflower oils produced, such as high linoleic, high oleic and mid oleic. High linoleic sunflower oil typically has at least 69% linoleic acid. High oleic sunflower oil has at least 82% oleic acid. Variation in fatty acid profile is strongly influenced by both genetics and climate. Sunflower oil also contains lecithin, tocopherols, carotenoids and waxes. Sunflower oil's properties are typical of a vegetable triglyceride oil. Sunflower oil is produced from oil type sunflower seeds. Sunflower oil is light in taste and appearance and has a high Vitamin E content. It is a combination of mono-unsaturated and polyunsaturated fats with low saturated fat levels. Sunflower oil is liquid at room temperature. The refined oil is clear and slightly amber-colored with a slightly fatty odor. As a frying oil, sunflower oil behaves as a typical vegetable triglyceride. In cosmetics, it has smoothing properties and is considered noncomedogenic. Only the high-oleic variety possesses shelf life sufficient for commercial cosmetic formulation. Sunflower oil's INCI name is Helianthus Annuus (Sunflower) Seed Oil. Sunflower is classified into botanical family of composital and into the species of helianthus annus. A small genus of annus or prennial herbs, mostly natives of central and South America. Sunflower is an annual herb with erect, rough, hairy stem. In recent years, it has gained importance as an oil-seed crop in Argentina, U.S.A. and Canada. The sunflower oil production of the world is around 8-9 million tons in a normal year. The exports are traditionally around 30% of the total production. It is expected that around 3 million tons of oil will be exported in 2005-06. Russia and Ukraine are respectively the first and second largest producer of sunflower seed in the World. The other major producers are Argentina, France, Romania, Hungary, China, India and United States of America. Currently, sunflower seed accounts for around 8% of the world's total oilseed production and sunflower oil accounts for 9% of the global edible oil production. Currently, sunflower seed accounts for around 8% of the world's total oilseed production and sunflower oil accounts for 9% of the global edible oil production. In India, sunflower is grown both in the kharif and rabi season. However, around 70% of the crop is produced in the rabi (November – March) season. The kharif (June – September) period accounts for less than 30% of the crop currently. Indian sunflower seed production ranges between 10-15 lakh tons. The major producers are Karnataka (35%), Andhra Pradesh (30%), Maharashtra (15%), Punjab (4%) and Haryana (4%). In India the average yield of oil obtained by mechanical extraction from sunflower seed is 35 % from unshelled seed of normal moisture content (9%) and 42.5% by pre-press and solvent extraction. Crude oil to refined oil conversion rate is 95%.
Plant capacity: 1 MT / DayPlant & machinery: 7 Lakh
Working capital: -T.C.I: 65 Lakh
Return: 51.00%Break even: 37.00%
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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

Coconut is a small holder’s plantation crop grown in the humid tropics and tropical regions. India is a major producer of coconut in the world. Virgin coconut oil is obtained from fresh matured coconut. This oil is mainly used as a body massage oil and as an ingredient in Ayurvedic medicine. It is very nutritious. It has very good aroma and purity. It is applied on the body of babies to protect from skin troubles. There are few in organized sectors engaged in the manufacturing of virgin coconut oil. There is very good demand of it rather than general coconut oil. There is demand growth of coconut oil is 10% per annum. Traditionally, coconut is an important source of vegetable oil used for both edible and industrial applications. It is estimated that nearly 50% of coconuts in India are consumed into copra to extract coconut oil. It will be profitable for new entrants to invest into this project.
Plant capacity: 600 MT / DayPlant & machinery: 66 Lakhs
Working capital: -T.C.I: Cost of Project : 153 Lakh
Return: 35.00%Break even: 56.00%
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EXTRACTION OF OIL FROM ARTEMISIA VULGARIS - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Artemisia Vulgaris plants seem to have originated in Eastern Europe and Western Asia. Most of these species are found growing wild and abundantly all over the temperate and cold temperate zones of the world. The flavor of Artemisia Vulgaris oil is warm, almost pungent but also bitter sweet, showing a slightly cooling effect in higher dilution. The flowering stems are used medicinally. The main constituents are an essential oil, with cineole and thujone, tannins and bitter compounds. Mugwort is used as a general tonic. It is a traditional treatment for nervous disorders, insomnia and gynaewlogical complaints. In cooking, mugwort is a useful condiment for roast meat, especially pork and mutton. Most of the medicinal plants extensively used in the traditional system of medicines are obtained from the wild sources. According to the international standards organization, there are about 70 spices and condiments, which have been approved and recognized. It has been found that there is largely demand increase of the herbal medicinal concrete due to the better awareness of the medicinal used. It can be predicted that there is very good scope for the new entrepreneur.
Plant capacity: 1500 Kg. / AnnumPlant & machinery: 39 Lakhs
Working capital: -T.C.I: Cost of Project : 146 Lakhs
Return: 43.00%Break even: 52.00%
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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

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: Chilly Oleoresin ” 9 MT / Annum, Chilly Oil ” 2.16 MT / Annum, Ground Chill Powder ” 58.50 MT / AnnumPlant & machinery: 137 Lakhs
Working capital: -T.C.I: Cost of Project : 274 Lakhs
Return: 38.00%Break even: 46.00%
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Manufacture of Celery Seed 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

Celery, Apium graveolens L is cultivated for its seeds and essential oil. An improved method has been developed for maximum yield of essential oil with higher content of phthalides (the valuable constituent of oil ), in short time, making the process economical. The method involves hydro distillation. In India Celery, Apium graveolens L is mostly cultivated in Punjab, Haryana, and U. P. for its seeds. The seeds are used as spice to flavour soups, salad, tomato juice and sauces and for extracting essential oil or oleoresin. Of late they have attained ever increasing popularity among food products. Indian celery is considered to be best in the world and that is why it is in great demand in European countries. In 1999-2000, 4038 MT of seeds worth Rs.9.5 crores and its oleoresin 146.5 MT worth Rs. 4.5 crores were exported. Oleoresin is prepared by extracting the celery seeds with volatile solvents like alcohol and driving off the alcohol in vacuo. On steam distillation it yields pale yellow essential oil with characteristic rich long lasting spicy odour, the principal components of which are d-limonene and saline. The oil is used for flavouring food products, liquors and pharmaceutical preparations. Celery is recommended for rheumatic arthritis, antispasmodic, aphrodisiac, nerve stimulant and hypertension. It also induces mensuration in non pregnant woman. It is better known as a medicinal herb than a garden vegetable. The important constituents of its essential oil are phthalides which impart medicinal value to the oil and possess strong characteristic celery aroma. The major phthalides being 3-butyl phthalide, 3-butyl tetrahydrophthalide or sedanolide, and apiole. Others being 3-butyl –4-5-dihydrophthalide or sedananolide. These form high boiling constituents of the oil besides the low boiling monoterpene hydrocarbons e.g. α –pinene,α -terpinene,γ -terpinene, β -pinene, limonene etc. The conventional process gives a yield of 1.3 to 1.8% of oil in 36 hours with phthalides content of 10 to 12%. The method used here gives a yield of 2.44-2.68% in 4-4.5 hours and the phthalides content in the oil 23 + 2%.
Plant capacity: : 300 Kg celery seeds / batch & 4 batches a day i.e.1200 Kg celery seeds / dayPlant & machinery: 25 Lakhs
Working capital: 12 Lakhs (One Month)T.C.I: -
Return: 1.00%Break even: N/A
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COTTON SEED DELINTING, CRUSHING AND REFINING OF OIL - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Production Schedule

Cotton plant is cultivated mainly for fibre. Cottonseed is an important by- product of cotton which is a rich source of protein and edible oil. Its oil has so many applications varying from medicinal to technical purposes. Other uses are for cosmetic creams, glycerol, lubricants, soap stocks, etc. Its oil cake can be used as animal feed, filler for plastics & fertilizer ingredient. India is one of the largest producers of oil seeds and oil bearing materials. Next to food grains oil seeds top the list of agricultural crops in the country.
Plant capacity: 18000 MT/Annum (Refined Cotton Seed Oil)Plant & machinery: 7 Crores
Working capital: -T.C.I: Cost of Project : 16.71 Crores
Return: 42.00%Break even: 70.00%
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ROSE OIL EXTRACTION - 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

Out of 5000 varieties of roses in India, only fasli Rosa and Edward Rose yield rose oil. The Fasli variety is found in Aligarh and Edward rose in kannauj. Rose oils are in constant use in perfume spray industry, toilet soap industry and talcum powder industry. India exports 60% products to overseas market and 40% is indigenously sold. The production of cosmetics and toiletries doesn’t require large-scale capital equipment. There is a bright scope for small entrepreneurs to enter into this field.
Plant capacity: 500 ml / DayPlant & machinery: 13 Lakhs
Working capital: -T.C.I: 88 Lakhs
Return: 47.00%Break even: 37.00%
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FILTERATION AND AIRTIGHT PACKING OF COCONUT OIL - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Coconut oil, also known as coconut butter, is a tropical oil with many applications. It is extracted from copra (derived from the word "kopra" which means dried coconut). Coconut oil constitutes seven percent of the total export income of the Philippines, the world's largest exporter of the product. Coconut oil is a fat consisting of about 90% saturated fat. The oil contains predominantly medium chain triglycerides, with roughly 92% saturated fatty acids, 6% monounsaturated fatty acids, and 2% polyunsaturated fatty acids. Of the saturated fatty acids, coconut oil is primarily 44.6% lauric acid, 16.8% myristic acid a 8.2% palmitic acid and 8% caprylic acid, although it contains seven different saturated fatty acids in total. Its only monounsaturated fatty acid is oleic acid while its only polyunsaturated fatty acid is linoleic acid. Unrefined coconut oil melts at 24-25°C (76°F) and smokes at 170°C (350°F),while refined coconut oil has a higher smoke point of 232°C (450°F). Among the most stable of all oils, coconut oil is slow to oxidize and thus resistant to rancidity, lasting up to two years due to its high saturated fat content.[citation needed] In order to extend shelf life, it is best stored in solid form (i.e. below 24.5°C [76°F]). Coconut oil is used in volume quantities for making margarine, soap and cosmetics.Hydrogenated or partially-hydrogenated coconut oil is often used in non-dairy creamers, and snack foods.Fractionated coconut oil is also used in the manufacture of essences, massage oils and cosmetics Coconut oil is an important component of many industrial lubricants, for example in the cold rolling of steel strip.Coconut oil has to be refined and filtered, and then only it can be used for edible purposes. The fine primary functions for are: hygiene, protection, customer convenience, identification & sales appeal and facts. Coconut oil is used in India as a cooking fat, hair oil, body oil and industrial oil. Coconut oil is made from fully dried copra having maximum moisture content of six per cent. Steam cooking of copra is also practised by some millers to enhance the quality and aroma of oil. Coconut oil is marketed in bulk as well as in packs ranging from sachets containing 5 ml. to 15kg tins. The branded coconut oil in small packs is mainly marketed as hair oil and body oil. There are several brands known for their superior grade oil which have export market throughout the world. India has unbeatable quality advantage in this sector. Refined coconut oil is also manufactured in the country for industrial uses. Refined coconut oil is mainly used in the manufacture of biscuits, chocolates and other confectionery items, ice cream, pharmaceutical products and costly paints. Generally, filtered coconut oil is used for cooking and toiletry purposes. India accounts for nearly 20% of global coconut output. Coconut oil is the main cooking oil in the south Indian State of Kerala. Kerala, Tamil Nadu, Andhra Pradesh and Maharashtra are leading producers of coconut in the country. Kerala and Tamil Nadu are the major centres of coconut oil and copra in the country. Besides cooking coconut oil is also used extensively on cosmetics, toiletries, hair tonics and slew of other industries. The price of coconut oil is shaped by variations in production, global demand and supply situation and price of other vegetable oils.
Plant capacity: 600 Tons/Annum Plant & machinery: 19 Lakhs
Working capital: -T.C.I: Cost of Project : 94 Lakhs
Return: 43.00%Break even: 60.00%
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FILTRATION AND AIRTIGHT PACKING OF COCONUT OIL - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Coconut oil, also known as coconut butter, is a tropical oil with many applications. It is extracted from copra (derived from the word "kopra" which means dried coconut). Coconut oil constitutes seven percent of the total export income of the Philippines, the world's largest exporter of the product. Coconut oil is a fat consisting of about 90% saturated fat. The oil contains predominantly medium chain triglycerides, with roughly 92% saturated fatty acids, 6% monounsaturated fatty acids, and 2% polyunsaturated fatty acids. Of the saturated fatty acids, coconut oil is primarily 44.6% lauric acid, 16.8% myristic acid a 8.2% palmitic acid and 8% caprylic acid, although it contains seven different saturated fatty acids in total. Its only monounsaturated fatty acid is oleic acid while its only polyunsaturated fatty acid is linoleic acid. Unrefined coconut oil melts at 24-25°C (76°F) and smokes at 170°C (350°F),while refined coconut oil has a higher smoke point of 232°C (450°F). Among the most stable of all oils, coconut oil is slow to oxidize and thus resistant to rancidity, lasting up to two years due to its high saturated fat content.[citation needed] In order to extend shelf life, it is best stored in solid form (i.e. below 24.5°C [76°F]). Coconut oil is used in volume quantities for making margarine, soap and cosmetics.Hydrogenated or partially-hydrogenated coconut oil is often used in non-dairy creamers, and snack foods.Fractionated coconut oil is also used in the manufacture of essences, massage oils and cosmetics Coconut oil is an important component of many industrial lubricants, for example in the cold rolling of steel strip.Coconut oil has to be refined and filtered, and then only it can be used for edible purposes. The fine primary functions for are: hygiene, protection, customer convenience, identification & sales appeal and facts. Coconut oil is used in India as a cooking fat, hair oil, body oil and industrial oil. Coconut oil is made from fully dried copra having maximum moisture content of six per cent. Steam cooking of copra is also practised by some millers to enhance the quality and aroma of oil. Coconut oil is marketed in bulk as well as in packs ranging from sachets containing 5 ml. to 15kg tins. The branded coconut oil in small packs is mainly marketed as hair oil and body oil. There are several brands known for their superior grade oil which have export market throughout the world. India has unbeatable quality advantage in this sector. Refined coconut oil is also manufactured in the country for industrial uses. Refined coconut oil is mainly used in the manufacture of biscuits, chocolates and other confectionery items, ice cream, pharmaceutical products and costly paints. Generally, filtered coconut oil is used for cooking and toiletry purposes. India accounts for nearly 20% of global coconut output. Coconut oil is the main cooking oil in the south Indian State of Kerala. Kerala, Tamil Nadu, Andhra Pradesh and Maharashtra are leading producers of coconut in the country. Kerala and Tamil Nadu are the major centres of coconut oil and copra in the country. Besides cooking coconut oil is also used extensively on cosmetics, toiletries, hair tonics and slew of other industries. The price of coconut oil is shaped by variations in production, global demand and supply situation and price of other vegetable oils.
Plant capacity: 600 Tons/Annum Plant & machinery: 19 Lakhs
Working capital: -T.C.I: Cost of Project : 94 Lakhs
Return: 43.00%Break even: 60.00%
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