Project Report for Areca Leaf Plate Making

1 1 Project Report On Manufacturing of Areca nut Plate Submitted As part of requirement of The Training under New Entrepreneur cum-Enterprise development Scheme Government of Tamilnadu Conducted by Entrepreneurship development Institute,Guindy,Chennai Prepared by Name : Sriraaman S Address: Tiruvallur Mobile: 9994215771 Email: Training at Entrepreneurship development Institute, Chennai . Financed by TAICO, Padi. 2 TABLE OF CONTENT Sl. No. Description Page No. 1. Project Report for Areca Leaf Plate Making 3 2. Business Plan Preparation through Software developed by EDI 6 3. Business Plan prepared through Manual Format 13 4. Market Survey Questionnaire & Analysis 23 5. Copy of machinery Quotation 26 6. Part I registration under MSME 28 3 Project Report for Areca Leaf Plate Making Areca leaf plates are perfect alternate to Plastics/Polymer based products and also Paper based products about which the entire world is concerned about.

2 A 100% natural mechanism is followed for manufacturing these plates. The fallen Areca leaf is collected from farms. The Sheath of the Areca leaf cleaned and soaked in water for approximately 15 minutes and shade dried for 30 minutes. They are then compressed to different shapes using the correspondingly shaped Machines. They are then packed as per the customer requirement. Advantages of Areca Plates: 1. Eco-friendly, Bio-degradable and Compostable. 2. No chop down of trees, fallen leaves are collected and turned to value added products. Waste to wealth concept. 3. No Chemicals, bleaching, PE (Poly Ethylene) coating, Wax coating at any stage. 4. Light weight, sturdy and non-crushable. 5. Microwave & Refrigerator safe. 6. Holds liquid items for 4 hours without leakage.

3 7. Good for hot, wet and cool food items. Production Capacity of 2 Units (10 Die) Per Month Per Shift (24 Days): Inches No of Plates Agreement Price per Plate Current Market Price per Plate Total Agreement Price Total Current Market Price 10 SQ 9600 4 24960 38400 8 SQ BL 9600 4 17760 38400 6 SQ BL 9600 10560 22080 6SQ DT 9600 7200 13440 6 SQ PL 9600 2880 13440 OVERALL TOTAL FOR 48000 Pieces Rs. 63,360 Rs. 1,25,760 4 Monthly Expenses: Detail Quantity Price Amount Raw Materials ( Areca Leaf) 19500 50700 Work Shed Rent (House Rent) 1 5000 5000 Staff 3 5000 15000 Employee Refreshment(26/Men) 4 624 2496 Unit Electricity Charges (2 Units) 2400 8400 Utility Electric Charges (Units) 150 525 Packing Charges 3000 Transport Expenses 3000 Telephone Charge 1 600 600 Petrol Charge 1 700 700 Machine Maintenance Charges 1000 _____ 90421 _____ Net Profit per month Rs.

4 1,25,760 90421 = INR. 35,339 Employment Opportunity Each Areca leaf Plate manufacturing unit provides direct employment to 3 persons and there is an indirect impact of creating employment for 2 other persons. Rural area is selected to create employment. Also work shed & labor will be at low cost. Areca Leaf Procurement In India 4 Lac Hectares of Areca Crop has been cultivated, near about 5400 Million Areca Leaves are shredded and Treated as Agro waste. These leaves can be converted as a Value added Product. One Areca leaf Plate manufacturing unit Needs 195000 leaves per year. In this scenario near about 27700 plates manufacturing units can be established all over India. lakh fresh employments can be given in 27700 5 units. This Particular Project can create A Rural Employment Revolution in India.

5 At present only 1500 units are established all over India. In that around 1000 units are in south India. The major suppliers of raw materials for south Indian units are Tamilnadu (Salem, Coimbatore), Kerala and Karnataka (Thumkur, Shimoga). Major markets For Areca Leaf Plates 1. First quality plates will be targeted for International market 2. Second quality plates will be targeted to local markets like dealers, super market, restaurants and caterer. Areca Plates can be used in any occasion like parties, buffets, picnics, outdoor catering, functions, food-joint, temples. This product is having a good market in Maharashtra, Delhi, Madhya Pradesh and Tamilnadu. These plates act as the best alternative for plastics and because of this reason it has a good market in international market.

6 Waste Disposal: 1. Food plates thrown after eating will be naturally degraded within 60 days of time like any plant matter. 2. Manufacturing waste of Areca sheaths will be used for vermin compost, dry fodder for animals, bio-fuel bricks. 6 Business Plan Preparation through Software developed by EDI Application Form - Business Details Name of Business Enterprises : ECO BESTIE Office Address Door No 61 Street Devi meenakshi nagar Area Rajajipuram-3 City Tiruvallur District Thiruvallur State TamilNadu Pincode 602021 Factory Address Factory Door No 61 Factory Street Devi meenakshi nagar Factory Area Rajajipuram-3 Factory City Tiruvallur Factory District Thiruvallur Factory State TamilNadu Factory Pincode 602021 Type of Industry Manufacturing EM no 33/001/21456 Product Name Areca leaf plates Consitution Proprietary No of key persons involved 1 Name of Business Enterprises.

7 ECO BESTIE Key Person 1 Title Thiru Name SRIRAAMAN Father/Husband Name SELVARAJ 7 Age 26 Address 61 Devi meenakshi nagar Personal Finance Rajajipuram-3 Permanent Account Number Telephone number Do you have Bank account Yes Mobile number 9994215771 Bank name Canara bank Educational background BE Branch Tiruvallur Whether ration card available Yes Bank address JN Road Whether voter identity card available Yes Account number 2761101013281 Social status Account type Savings Bank Employment of spouse Not Applicable IFSC code CNRB0002761 Qualification of spouse Credit card No Networth Statement Assets ( ) Immovable Properties( Including Land and Building ) Investment in Business Capital Deposits with Banks/institutions Gsecs/Bonds/NSC/NSS Shares/Debentures ( Market Value ) Life Insurance Policies ( Surrender Value ) Value of Vehicles ( Market Value ) Other Assets ( Incl.)

8 Jewellery ) Total Assets Liabilities Loans Availed from Banks (Total Outstanding) Other Liabilities 8 Total Liabilities Networth Property Location Name of Business Enterprises : ECO BESTIE Project Cost ( ) Land Building Plant and Machinery Imported Indigenous Vehicles Furniture and Fittings Computers and office automation Testing equipment Other fixed assets Erection/installation charges Pre-operative expenses Provision for contingencies Working capital margin Total Cost Means of finance Owners contribution Owners contribution Loan from bank/other institutions Total Name of Business Enterprises : ECO BESTIE Fullfillment of statutory requirements Requirements Status from Local Authority / body Not Applicable for Building Plan Not Applicable from Inspector of Factories Not Applicable from Electricity Board To be Obtained you obtained Import and Export Code?

9 To be Obtained 9 Tax Registration To be Obtained Tax Registration Not Applicable Control Board Clearence Not Applicable for Partnership/Company/Co-operative Society Not Applicable Name of Business Enterprises : ECO BESTIE Personal strengths in the area of business I do not have relevant experience in this business. I have handled technical and Admin in my previous assignment. None of my family members have experience in this business. The raw material required for the business are 1000 Bunches of Areca Leaf and the value is .15 lakhs. Raw materials are not available in the local market. No raw materials are available for credit. The suppliers of the raw materials are Karnataka - Thumkoor Salem - Chinna salem. The processes involved in manufacturing the final product are clean the leaf and keep it immerse in water for 15mins the leaf from water and keep it dry for 30mins the leaf in hydraulic dying machine(heater+dying) for 30 to 40secs to get proper finised For this business unskilled manpower are required.

10 I am confident of having necessary manpower for the business. power requirement is 6 horse power per day. I do not have any backup. I require 1000 liters of water. I have adequate facility to draw water. I have approval for the land and building . I conducted survey and based on the findings only and I am trying to get into this competitor in my district is No competitors is local . I sell the product through both distributors/wholesalers and directly to customers. I do not have showrooms. I will take 1 month to deliver the first order. I cannot rely on repeat orders. I am confident of generating rupees 10 lakhs sales in next three years. The unfinished product also has got market. The business potential for this product is growing at higher rate in TamilNadu,growing at higher rate in India and growing at higher rate in exports.