FAQ

What does survey of the proposed product means? How it is beneficial?

Survey of the proposed product means, to have the complete idea of the selling price, competitors, marketing senerio etc. It is very important to get the survey done before the final decision of starting the unit. 

How much capacity we should start with?

This again depends upon the survey report, because we get to know the demand of the product in the market. We can easily assume / forecast proposed capacity by analysing the survey report.

Is there any grant /subsidy on the said project of Bakery?

Yes there is Grant /Subsidy from the Ministry of food Industry. The amount of subsidy depends upon the area. It is up 50 lacs in normal areas as well as up to 75 lacs. in difficult areas i.e. Jummu and Kashmir, Himachal Pardesh, Uttrakhand etc.

How can we avail the subsidy?

There are certain formalities which needs to be fulfilled to avail the subsidy i.e One must not have taken any subsidy from the said department, Title of the land should be clear, He should avail some CC or loan from the bank, The project should be viable, charted engineer’s report etc.

You need to submit the file in your bank with all the formalities. This file will move towards bank’s focal point than further it will move to Ministry. The Funds will come in the exact reverse manner in two equal instalments.

Are ingredients i.e. Raw material, Packing material easily available in the open market.

The Ingredients are very common such as Maida, Ghee, Sugar, Food Chemical, and Flavors, which are very easily available in common / open market.

How much is the minimum investment in case we start with 4 tons cookies per day?

Approx 40 lacs in Plant and Machinery, excluding of land and building.

The file may get approval in two months. The amount will be sanctioned in two months but funds but funds will be released subject to availability of funds with the government.

What is Return on Investment & What about break even point of this project?

It is More than 100% & break even falls between 30 – 35 % of the installed capacity.

What are the permissions and licenses required to run the business?

• SSI registration
• Sales tax Number
• Factory license
• PFA Registration
• Pollution control board permission.
• Weight and measurements department license
• Fire department approval
• ESI & PF Registration
• Water and Electricity Connection

What “The Industry Consultant” can do for you?

We can do the entire project on turn key basis. We will take care from scratch to final production. We will look after the subsidy part too.