Quick Aged Paddy

1.0 Product and its Applications  

Rice tops the food grains cultivated in India , with annual production of more than 90 million tonnes. Rice is the staple food for majority of the population. It is a common experience that rice from freshly harvested paddy cooks to a pasty mass. It has poor swelling capacity during cooking and reportedly causes digestive disorders. That is the reason the new rice is aged or cured by storing for at least 4 months to overcome these problems and to develop desirable cooking characteristics. The ageing becomes faster as the temperature during storage increases. A new technology has been developed whereby it has become possible to age or cure the new paddy within a short duration.

2.0 Market Potential

Aged rice commands a higher price as compared to new rice. There is an incentive to cure the paddy in a short time and speed up the realisation. Quick aging helps in cutting down the cost of warehousing, reduce damage by rodents, save interest on the capital, thereby improve overall economic profile of the project.

3.0 Basis and Presumption

a) The unit proposes to work at least 120 days per annum on single shift basis. However, the production activity will be available only for 100 days.

b) The unit can achieve its full capacity utilization during the 2nd year of operation.

c) The wages for workers are taken as per prevailing rates in this type of industry.

d) Interest rate for total capital investment is calculated @ 12% per annum.

e) The entrepreneur is expected to raise 20-25% of the capital as margin money.

f) The unit proposes to construct own building while the cost of construction is based inputs.

g) Costs of machinery and equipment are based on average price.

Implementation Schedule  

Project implementation will take a period of 8 months. Break-up of the activities and relative time for each activity is shown below:

5.0 Technical Aspects
5.1 Process of Manufacture

The freshly harvested paddy is steamed for a specified period of time depending on the initial moisture content of the paddy. It is then heaped, dried and used for rice milling.

5.2 Quality Control and Standards: As per AGMARK specifications

Pollution Control

There is no major pollution problem associated with this industry except for disposal of waste which should be managed appropriately

7.0 ENERGY CONSERVATION

The fuel for the steam generation in the boiler is coal or LDO depending upon the type of boiler. Proper care should be taken while utilising the fuel for the steam production. There should be no leakage of steam in the pipe lines and adequate insulation should be provided.

8.0 Production Capacity

9.0 Financial Aspects  
9.1 Fixed Capital  

9.1.1 Land & Building

9.1.2 Machinery and Equipment

9.2 Recurring expenses per annum
9.2.1 Personnel

9.2.2 Raw Material including packaging materials

9.2.3 Utilities

9.2.4 Other Contingent Expenses

9.2.5 Total Recurring Expenditure

10.0 Financial Analysis

10.2 Sale Proceeds (Turnover) per year

10.3 Net Profit per year

10.4 Net Profit Ratio

10.5 Rate of Return on Investment

10.7 Break even Point

11.0 Addresses of Machinery and Equipment Suppliers  

Septu ( India ) Pvt. Ltd.
12/7, Urban Estate,
Post Box No. 4
Gurgaon - 122 001

Raylon Metal Works
Kondivitta Lane
Post Box 17426
J.B.Nagar, Andheri (E)
Mumbai - 400 059

SSP (Pvt) Ltd.
13th Milestone, Mathura Road
Faridabad - 121003, Haryana

Grovers Pvt. Ltd.
223, Kaliandas Udyog Bhavan
Prabhadevi
Mumbai

Rohilkhand Eng. Works
Izzatnagar,
Bareilly (U.P.)

Batliboi Engineers ( Bangalore ) Pvt. Ltd.
99/2&3, N.R.Road
Bangalore - 560 002

Narene Tulaman Manufacturers Pvt. Ltd.
Balanagar
Hyderabad - 500 037

M/s. Kodesia Eng Works,
Izzatnagar
Bareilly

Shree Murugan Industries,
Plot No. 68/W, Hootagalli
Industrial Area, Balawadi Post
Mysore – 571186

Nalanda Agro Works
Nalanda Nagar, Kurji
Patna - 800 010

Mac-Well Engineering Works,
14, Kartar Compound, LBS Marg
Behind State Bank
Vikroli (West)
Mumbai