Food Processing Business Seeking Loan in Bhubaneswar, India

- Started commercial operations in January 2020 as an offline manufacturer and distributor of FMCG products.

- Have a manufacturing unit in Bhubaneswar where mustard oil and organic turmeric is manufactured.

- The unit has a maximum production capacity of 60 tonnes of mustard oil per month and 150 tonnes of turmeric per month. We are currently producing only 30 tonnes of both products per month.

- We store turmeric in finger form and process into powder whenever we receive orders.

- Black rice is procured from a vendor in Assam.

- Manufacturing for other products is outsourced to rural entrepreneurs.

- Supply to 20-25 supermarkets, reputed retailers, and distributors in Cuttack and Bhubaneswar. We do not have any contracts with them and supply as per demand.

- Also, launched our own website in June through which we are selling products.

- We also recently listed our products on Amazon.

- All our products are pure and are sold under our own registered brand.

- Our company's marketing team focuses on social media marketing, references, and testimonials.

- We also distribute samples in two cities to retailers to increase clientage.

- Currently, the major revenue is generated by offline sales. Only 10% of sales are generated via online marketing that includes third party websites and our own website.

- Promoter has 10+ years of experience with the food processing industry,

Desi ghee, community-made coconut oil, organic turmeric, cold-pressed mustard oil.

Assets include one packaging machine, 1 cold-pressed machine, 1 pulverized machine, 1 sealing machine, 1 drying machine, a computer, and a printer.

The raw materials and stock are worth INR 2 lakh.

Rented office and manufacturing unit of 2,000 sqft. The monthly rent is INR 15,000 and a deposit of INR 30,000 has been paid.