ADITYA ENTERPRISES

DETAILED PROJECT REPORT ON

FOOD
PROCESSING,
PACKAGING &
COLD STORAGE
FACILITY.

Mr. Shashikanth K. Veerapur Oni,

Bejawad Proprietor
Near T K Habib
Mill, Hubli-580020
Dharwad District – 580020
Mob: 9741798499
 Project at a Glance

1. Name of the unit M/s Shree Bhavani Enterprises

2. Constitution Proprietary Firm

3. New/ Expansion project New Project

4. Proposed Activity Food processing, Packaging and Cold

storage facility

5. Investment 16.30

6. Land Extent 1 acre

7. Proposed Project Mummigatti Industrial Area,

Location (or) Gamanagatti, KoturBelur Industrial
Area Dharwad District
8. Power 500 KVA

9. Water 10000 LPD

10. Employment 60
11. Promoters Mr.Shashikanth K. Bejawad

12. Contact Ph:9741798499

Email:[email protected]

13. Address Veerapur Oni,

Near T K Habib
Mill, Hubli-
580020
Dharwad District - 580020
14. Caste Hindhu Koram (Schedule Caste)

15. Qualification SSLC, ITI

16. Experience Having 20 years of experience in

Electrical works and also worked for
Hindustan
Aeronautics Limited (HAL).
17. PAN AGVPB7418G

18. Aadhar 456103466675

 Introduction:
Industry at a Glance: The food & beverage industry is one of the
expansive industries globally, which has a significant impact on the
world economy. At present, the food & beverage industry is primarily
shaped by the widespread popularity of healthy and organic foods. Food
products that are ready to eat (RTE) are becoming increasingly popular
in developed as well as developing countries where nutritional and
ready-to-eat foods are in high demand. Therefore, it has encouraged
manufacturers to develop more value-added ways of providing quality
food and beverages. Continual technological advancements in the food
processing methods, such as the rapid adoption of individual quick
freezing (IQF) and preservation without artificial additives, are also
creating a positive market outlook.

 The food & grocery retail market in India constitutes almost 65% of the
total retail market in India.
 India’s food processing sector is among the World’s largest, and output is
expected to reach $535 Billion by 2025-26.
 The industry employs 1.93 million people.
 The sector is growing at an Average Annual Growth Rate (AAGR) of
around 10.00%
 FDI Received in FPI Sector for 2020-21 is US$ 393.41 million.
 Food grain production is 29.77 million tons more than the average food
grain production of the last five years.
 The total geographical area of India is 328.7 million ha and the Gross
Cropped Area is 198.4 million ha with a cropping intensity of 142%.
Key Investment Opportunities

 Fruits and vegetables: juices, jams, jellies, purees, soups, powders, dried
vegetables, flakes, shreds, and ready-to-eat curries, as well as preserved, candied,
glazed, and crystallized fruits and vegetables.
 Fermentation preservation of food: wine, beer, vinegar, yeast preparation, and
alcoholic beverages. Fruit-based and cereal-based beverages are available.
 The government’s focus is on supply chain-related infrastructures such cold
storage, abattoirs, and food parks, and this segment provides investment
potential in food processing infrastructure.
 For 728 districts across the country, the One District One Focus Product
(ODOFP) program covers agricultural and associated products.
Growth Drivers

 India has a consumer base of over 130 billion people. By 2030, annual household
consumption will treble, making India the 5th largest consumer globally.
 To enhance India’s Manufacturing and exports $146 million is committed under
Production-Linked Incentive (PLI) Scheme in Food Products.
 41 Mega Food Processing Parks, 353 Cold Chain projects, 63 Agro-Processing
Clusters, 292 Food Processing Units, 63 Creation of Backward & Forward
Linkages Projects & 6 Operation Green projects across the country have been
approved.

Sub industries

 Animal food & feed

 Beverages – Alcoholic & Non-alcoholic
 Breakfast cereals
 Coffee & Tea
 Dairy products
 Frozen & Preserved food
 Ingredients & Condiments
 Sugar, Bakery & Confectionery products

Opportunities

 Dairy is the single largest agricultural commodity, accounting for 5% of the

national economy and growing at a compound annual growth rate of 6.4 percent
over the last five years.
 Due to India’s fast urbanization, there is a growing need for chicken products,
with urban regions accounting for 80% of poultry and meat demand.

Challenges

 Gaps in supply chain infrastructure: Inadequate primary processing, storage and

distribution facilities. Lack of mechanization, high seasonality, perishability and
lack of proper supply chain results in a lack of availability of raw material.
 Infrastructure Bottlenecks: More than 30% of the produce from farm gates is lost
due to inadequate cold chain infrastructure.
 Informal Food Processing Industry: Unorganized segments account for almost
75% of all product categories.
 Low-Value Exports: Most processing in India can be classified as primary
processing.
 India Food Processing Cluster map

Key Players
National International
Parle Agro
Mother Dairy Kissan
Vadilal Britannia
Amul Nestle
PepsiCo, Inc. PepsiCo, Inc.
Unilever Smithfield Foods
The Hershey
MTR Foods Company
Haldiram’s Tyson Foods
KRBL Limited Kellogg
Godrej Beverages And Foods
Limited Oetker Group
McCain Foods
Kwality Dairy India Limited Ltd.
Patanjali
Dabur India Ltd.
Recent Developments

 The Production Linked Incentive(PLI) Scheme- to modernize and enhance the

competitiveness of the food processing industry by manufacturing specific
categories of food products having a high potential for growth in output and value
addition for a period of six years till 2026-27.
 India’s food processing market may touch $470 bn by 2025. Tier-II and Tier-III
cities could mirror the trend visible in metropolitan areas, by consuming more
processed food in the coming years.
 Ultra-High Temperature (UHT) processing and aseptic packaging involves
producing dairy products with a longer shelf life.
 Scraped surface heat exchangers, higher pasteurization and modernized
mechanical systems.

Promoter’s Background:

Mr. Manjappa Hullikuppi is proprietor of Aditya Enterprises, the project

proponent is a an existing entrepreneur, currently dealing with
Agricultural Machineries Trading activity. He wants venture into Food
Processing enterprise by stablishing Food Processing comprising Edible
Oil Extraction, Juice Extraction, Packaged Foods and Cold Storage
facility. The proposed firm envisages to provide “Ready to Eat” services
to consumers.

Project at a Glance:

The project is proposed to be set up in Dharwad district as the area

pre-dominantly Agricultural are where the raw material availability is
not a issue, Company would like to procure Maize, Soyabean,
Sunflower, Red Chilli, Millets, Gherkins, black pepper, cardamon,
Cinnamon, Clove, Ginger, Turmeric etc., directly from Farmers in the
catchment area and across all over the state.
Aditya Enterprises is planned to establish large scale overall food
processing plant comprising Edible Oild Extraction, Juice Making, Food
Grains processing, Milk processing units using latest advanced
technology, expecting to generate an employment of 85 numbers. The
food packaging is completely echo friendly, the material used for
packaging shall be completely recyclable standard material.
Aditya Enterprises also making provision for Cold Storage as the raw
material purchased would be mostly naturally perishable commodity.
India is having a unique geographical position and a wide range of soil
thus producing variety of fruits and vegetables like apples, grapes,
oranges, potatoes, chilies, ginger, etc, seasonal fruits will stored in cold
storage during the season later they will supply for food processing.
Karnataka with its diversified agro climatic conditions is home to
produce variety of agriculture crops such as Paddy, Spices Like
Cinnamon, Cloves, Pepper, Turmeric, Ginger,Vegetables and fruits like
Mango, banana, Papaya, Grapes, Orange etc. Karnataka is leading in
production of the black pepper, cardamom, Cinnamon, Clove, Ginger,
Turmeric, Chili and Millets.
Further Karnataka Government is industry friendly and supporting to
entrepreneur by providing all type of infrastructure and incentives to
the industries.
Infrastructure Requested from Government of Karnataka
The promoter requested here for infrastructure to establish Food
processing, Packaging and Cold storage facility as below:

Land : Priority – 1
Allotment of Land an extent of 1 acre
at Mummigatti Industrial Area,
Dharwad District from KIADB
(or)
Priority – 2
Allotment of Land an extent of 1 acre at
Gamanagatti, Kotur Belur Industrial
area, Dharwad District from KIADB
Water : 10000 KLPD

Power: 500 KVA

Pollution Control Clearance: CFE from KSPCB, EC from MOEF, GOI /

DFEE, GOK, as applicable

Incentives & Concessions: As per Applicable Policy of the

State

Investment for the Project

The promoter Mr. Manjappa Hullikuppi investing in Food processing,
Packaging and Cold storage facility to become a successful entrepreneur and
wish to be part of increasing economy of the state.

The investment to establish Food processing, Packaging and Cold storage

facility is Rs.16.50 Crores. The Investment which bank loan is Rs.12.50
and promoter will invest Rs.4.00 Crores.

The detailed project cost is indicated as below:

Project Cost & Means of Finance

Land 0.25
Building 4.75
Plant & Machinery 6.70
Contingency 1.5
Working Capital 1.5
Others 1.8
Total 16.50

Means of Finance

Promoter contribution 4.00

Term loan 12.5
Total 16.50

Employment Details:
The firm will have strong equipped management team and divided in
different post as Manager, Supervisor, Skilled, and unskilled persons, the
number of persons required for the post is as below:

Sl.No Designation No of persons

1 Manager 5
2 Supervisor 10
4 Skilled 45
5 Unskilled 25
Tota 85
l
Background of the Promoter

1. Promoters Name Mr. Manjappa Hullikuppi

2. Contact Ph: 9945024052

Email:

[email protected]

3. Address C/o. Hanamantappa, 108 / B,

Savadatti Road, Kavalgeri Cross
Dharward MJ Nagar
Dharwad District – 580020

4. Caste Scheduled Tribe (Nayaka)

5. Qualification SSLC

6. Experience Having around 20 years of experience in

Agricultural Equipments trading.

7. PAN AHKPH5588B

8. Aadhar 851986927526

A Proprietor Mr. Manjappa Hullikuppi, aged about 50 years, studied SSLC

is a successful businessmen and got good market contacts with decent
financial background.

The promoter having net worth of Rs. 97,53,660/- as on 31/3/2021. (The net
worth certificate is enclosed.
Our Vision
Our purpose is to empower these agriculturalists, by channelizing, our
experience and skill in the field, in securing well structured storage
facilities for the use of the Farmers, and by ensuring that our products are
made a available at rationally derived prices.

With our deep-rooted philosophy, we are committed to providing the best

export quality products coupled with congenial after sale services. We
believe in catering to the highest levels of customer satisfaction and
nurture our relationships with our customers with care.
Our Vision has in the improved lives of Farmers, the men on the grind that
form the very base driving the economy.
Implementation Schedule
Implementation for the proposed activity requires an average 2 year of
time. The activity which listed below will taken timely.

Submitting Application to Oct 2023

Department
Project Approval from Jan 2024
Department:
Construction of Building: June 2024
Plant/Machinery Jan 2025
Placement of Orders:
Procurement:
Power Connection /Electrification:
Installation/Erection of Machinery
/Test Equipment:
Recruitment of Technical December 2025
Personnel
Raw Materials Procure: December 2025
Commercial Production: Jan 2026
Land Utilization

Sl.No Description Area in SQM Built

Up
SQM

1 Factory 1500 1573

2 Office 500 815
3 Generator room 150 88

4 Storage 450 580

5 Greens 908 0
6 Roads 300 0

7 Canteen 240 173

8 Total 4048 3229
 PROJECTED PROFITABILITY STATEMENT ( In Lakhs)

Particulars PROJECTED
Year 1st 2ndYear 3rd 4th 5th 6th 7th Year 8th Year
Year Year year Year Year
Income
Sales- Domestic 300.00 330.00 363.00 399.30 439.23 483.15 531.46 584.60

Less: Excise Duty 48.96 53.86 59.24 65.16 71.68 78.85 86.74 95.41

Net Sales 251.04 276.14 303.76 334.14 367.55 404.30 444.72 489.19
Export Sales 300.00 330.00 363.00 399.30 439.23 483.15 531.46 584.60

Labour
Charges Receive 65.00 72.00 79.00 87.00 96.00 106.00 116.00 127.60

Total 616.04 678.14 745.76 820.44 902.78 993.45 1,092.1 1201.39

8
Expenditure
Raw Materials 400.00 440.00 484.00 532.00 585.00 643.50 707.85 778.63
Consumables 55.00 61.00 67.00 74.00 81.00 89.00 98.00 107.80
Salaries & Wages 20.00 22.00 24.20 26.60 29.30 32.00 35.20 38.72

Labour Charges 40.00 36.00 34.00 32.00 30.00 30.00 30.00 30.00
Power & fuel 5.67 6.24 6.85 7.53 8.28 9.10 10.10 11.11
Repairs & 3.90 4.25 5.00 5.75 6.50 7.25 8.25 9.07
Maintenance
Other Operating 6.00 6.60 7.25 8.00 8.80 9.68 10.68 11.74
overheads

Rent & 4.12 4.50 4.75 5.00 5.75 6.50 7.50 8.25
Rates
Depreciation 24.73 36.69 31.52 27.10 23.31 20.07 17.28 14.90
Total 559.42 617.28 664.57 717.98 777.94 847.10 924.86 1010.22
 PROJECTED PROFITABILITY STATEMENT

Gross Profit 56.6 60.86 81.1 102.4 124.8 146.3 167.3 191.1
2 9 6 4 5 2 7
Selling & 12.0 13.50 16.0 18.00 20.00 22.00 24.00 26.00
Administrative 0 0
Profit before 44.6 47.36 65.1 84.46 104.8 124.3 143.3 165.1
Tax 2 9 4 5 2 7
Interest on term 11.0 18.71 14.7 11.78 9.16 6.54 3.93 1.30
loan
0 4
Interest on 11.0 12.10 13.3 14.63 16.10 17.70 19.47 21.41
Working Capital 0 0
Loan
Profit Before 22.6 16.55 37.1 58.05 79.58 100.1 119.9 142.4
Tax 2 5 1 2 6
Provision for Tax 6.00 4.50 10.2 16.00 22.50 28.50 34.50 42.73
0
Net Profit after 16.6 12.05 26.9 42.05 57.08 71.61 85.42 99.73
Tax
2 5
Profit + Depre. + 52.3 67.45 73.2 80.93 89.55 98.22 106.6 115.9
Int. 5 1 3 3
Repayment 17.0 48.49 44.8 35.56 32.94 30.32 27.71 25.08
obligation
0 6
DSCR 3.08 1.39 1.63 2.28 2.72 3.24 3.85 4.62
Average DSCR 2.85
 PROJECTED CASH FLOW STATEMENT ( In Lakhs)

Particulars 1st 2nd 3rd 4th 5th 6th 7th 8th

Year Year Year year Year Year Year Year
Source of
funds
Profit before 44.62 47.3 65.19 84.46 104.8 124.3 143.3 165.1
Int.& Tax 6 4 5 2 7
Increase in 55.50 - - - - - -
capital
Depreciation 24.73 36.6 31.52 27.10 23.31 20.07 17.28 14.90
9
Increase in 166.5 - - - - - -
Term Loan 0
Increase in 5.60
Unsecured Loan
Increase in 43.65 10.0 10.00 12.00 13.00 14.00 16.00 17.50
working capital 0
loan
Increase in (21.02 4.00 4.30 4.70 5.00 5.40 5.60 6.30
Current )
Liabilities
TOTAL 319.5 98.0 111.0 128.2 146.1 163.8 182.2 203.8
8 5 1 6 5 2 0 7
Use of funds
Increase in 222.0 - - - - - -
project cost
0
Increase in 61.05 18.0 20.00 22.00 24.00 26.00 28.00 31.00
current asset 0
Repayment of 6.00 29.7 30.12 23.78 23.78 23.78 23.78 23.82
TL
8
Interest 22.00 30.8 28.04 26.41 25.26 24.24 23.40 22.71
Payment 1
Income Tax 6.00 4.50 10.20 16.00 22.50 28.50 34.50 42.73
Promoters 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00
Drawings
TOTAL 319.0 85.0 90.36 90.19 97.54 104.5 111.6 122.2
5 9 2 8 2
OPG BAL 0.16 0.69 13.65 34.30 72.37 120.9 180.2 250.8
8 8 0
Surplus/ 0.53 12.9 20.65 38.07 48.61 59.30 70.52 81.65
Deficit
6
Clg Bal 0.69 13.6 34.30 72.37 120.9 180.2 250.8 337.4
5 8 8 0 5
 PROJECTED BALANCE SHEET
( In Lakhs)

YEAR 1st 2ndYear 3rd 4th 5th 6th 7th 8th

Year Year year Year Year Year Year
LIABILITIES
Capital Account 75.00 106.64 131.5 171.6 226.7 296.3 379.7 477.5
9 4 2 3 5 2
Term Loan 225.0 149.06 118.9 95.16 71.38 47.60 23.82 -
From Bank 0 4
Working Capital 100.0 110.00 120.0 132.0 145.0 159.0 175.0 192.5
Loan 0 0 0 0 0 0 0
Unsecured Loan 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00
Sundry Creditors 30.00 33.00 36.30 40.00 44.00 48.40 53.00 58.30

Other Current 12.00 13.00 14.00 15.00 16.00 17.00 18.00 19.00
Liabilities
Total 452.4 446.70 455.8 488.8 538.1 603.3 684.5 782.3
3 3 0 0 3 7 2
ASSETS
Fixed and Other 267.6 231.00 199.4 172.3 149.0 129.0 111.7 96.82
Asset 9 8 8 7 0 2
Sundry Debtors 75.00 82.00 90.00 99.00 109.0 120.0 132.0 145.2
0 0 0 0
Stock on Hand 89.00 98.00 108.0 119.0 131.0 144.0 158.0 173.8
0 0 0 0 0 0
Other Current 4.00 5.00 6.00 7.00 8.00 9.00 10.00 11.00
Assets
Investments 7.05 7.05 7.05 7.05 7.05 7.05 7.05 7.05
Loans & 9.00 10.00 11.00 12.00 13.00 14.00 15.00 16.00
Advances
Cash/ Bank 0.69 13.65 34.30 72.37 120.9 180.2 250.8 332.4
Balance 8 8 0 5
Total 452.4 446.70 455.8 488.8 538.1 603.3 684.5 782.3
3 3 0 0 3 7 2
S
Par 1
s 23r4t5
t6t 78 N
t n d hhht t o.
l.
tic 1. Sales 616. 678. 745. 820. 902. 993. 1092. 1201.
ula Yd Yy YYh h
04 14 76 44 78 45 18 39
rs e Ye e e e Y
2. Variable Cost
aeaaaaYe
Raw Materials 495. 537. 585. 638. 696. 762. 835.8 916.4
r ar r r r e a
00 00 00 00 00 50 5 3
r ar Consumables
r etc 5.6 6.2 6.8 7.5 8.2 9.1 10.1 11.1
7 4 5 3 8 0 0 1
-Power

and Fuel
Total (A) 500. 543. 591. 645. 704. 771. 845.9 927.5
67 24 85 53 28 60 5 4
3. Contribution 115. 134. 153. 174. 198. 221. 246.2 273.8
37 90 91 91 50 85 3 5
4. FIXED Cost:
Salaries 20.0 22.0 24.2 26.6 29.3 32.0 35.20 38.72
0 0 0 0 0 0
and Wages
5. Other 14.0 15.3 17.0 18.7 21.0 23.4 26.43 29.06
Operating 2 5 0 5 5 3
Cost
6. Selling & 12.0 13.5 16.0 18.0 20.0 22.0 24.00 26.00
Administ 0 0 0 0 0 0
rative
Expenses
7. Interest on 11.0 18.7 14.7 11.7 9.16 6.54 3.93 1.30
term loan 0 1 4 8
8. Interest 11.0 12.1 13.3 14.6 16.1 17.7 19.47 21.41
0 0 0 3 0 0
on Working
Capital Loan
9. Deprecations 24.7 36.6 31.5 27.1 23.3 20.0 17.28 14.90
3 9 2 0 1 7
Total (B) 92.7 118. 116. 116. 118. 121. 126.3 131.3
5 35 76 86 92 74 1 9
1 Break 495. 594. 565. 548. 540. 545. 560.2 576.4
0. 25 94 75 14 84 15 6 1
Even Sales
Average Break 553.34
Even Sales :