Newly Established Food Processing Company Seeking Loan in Bareilly, India

• Pre-revenue food processing project seeking a strategic investment partner to establish an export-grade aseptic paste and dehydration manufacturing facility in Uttar Pradesh.
• The proposed facility will manufacture aseptic tomato paste, ginger-garlic paste, dehydrated ginger, dehydrated garlic, and other seasonal dehydrated vegetables.
• The business will primarily target B2B customers, including HORECA businesses, food processors, and leading FMCG companies, with plans to expand into the retail segment after the third year of operations.
• The proposed plant will feature a fully automated aseptic paste production line with a capacity of approximately 1 tonne per hour (TPH) and a dehydration unit with a capacity of approximately 0.75 TPH.
• The project is planned on a 3,000 sq. m. plot within a Mega Food Park, providing industrial-grade power, water connections, a common effluent treatment plant (CETP), weighbridge facilities, and ready-to-develop industrial plots.
• The land will be acquired through a 90-year lease from the food park authority, with an upfront payment and lease premium applicable for the initial 10 years.
• The business will own the corporate entity under which all manufacturing operations, statutory registrations, and certifications will be obtained.
• The promoters are currently securing the project location, government subsidy benefits, seed funding, B2B marketing partnerships, and long-term raw material procurement arrangements with Farmer Producer Organizations (FPOs), while simultaneously planning operations and supply chain management.
• The facility will be designed to meet export-grade manufacturing, packaging, hygiene, and quality standards, with plans to obtain FSSAI, APEDA, and ISO certifications before commencing commercial production.
• Construction and implementation of the project will begin immediately upon securing the required funding.