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Fruit Vinegar
| Product Code |
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60,000 bottles of 650 mL capacity |
| Uploaded on |
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March 2009 |
1.0 Product and its Applications
Vinegar is a natural product derived from
alcoholic and acetous fermentation of a suitable medium such
as fruits, malt, molasses, sugarcane juice etc. Vinegar is
known to have various applications in homes, restaurants and
in the food industries. It is used in pickle, chutney, tomato
ketchup, sauces and various other condiment preparations.
Vinegar aids digestion and improves the quality of cooked
meat and fish. Vinegar should contain at least 3.75 g of acetic
acid per 100 mL and also contain at least 1.5% w/v of total
solids and 0.18% total ash.
2.0 Market Potential
Vinegar is largely produced in the cottage
scale or in traditional sectors. Presently synthetic vinegar
is also being produced. Natural fruit vinegar is nutritive,
appealing and has a huge market demand.
3.0 Basis and
Presumptions
a) The unit proposes to work at least
300 days per annum on single shift basis.
b) The unit can achieve its full capacity
utilization during the 3rd year of operation.
c) The wages for skilled workers is 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 as per F.P.O. specifications.
g) Costs of machinery and equipment are
based on average prices enquired from machinery manufacturers.
4.0 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:
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Scheme preparation and approval
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01 month
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SSI provisional registration
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1-2 months
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Sanction of financial supports etc
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2-5 months
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Installation of machinery and power
connection
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6-8 months
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Trial run and production
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01 month
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5.0 Technical aspects
5.1 Location
The plant can be located at any suitable
place keeping in view the marketing convenience, availability
of raw material, power, water and skilled manpower.
5.2 Process of Manufacture
Fruit vinegar is made from fruits e.g.
pineapple, apple, grape, orange, banana, peach, apricot as
well as sugarcane juice, coconut water, malt, molasses. The
juice/ aqueous extract is fermented with Saccharomyces
cerevisiae yeast after adjusting sugar concentration.
The fermented alcoholic liquor is passed through vinegar generator
for acetic acid fermentation using acetobactor culture.
It takes nearly 15 days for completion of fermentation process.
Vinegar contains about 4% acetic acid. The brewed vinegar
is aged in plain oak barrels for at least 6 months to improve
the flavour and bouquet. The final product is filtered, packed
in bottles and sealed.
5.3 Quality Control and Standards
As per FPO specifications
6.0 Pollution
Control
There is no major pollution problem associated
with this industry except for disposal of waste which should
be managed appropriately. The entrepreneurs are advised to
take "No Objection Certificate" from the State Pollution
Control Board.
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 utilizing 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
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Quantity
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42 tpa (60,000 bottles)
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Installed capacity
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60 tpa
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Optimum capacity utilization
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70%
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Working days
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300
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Manpower
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12
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Utilities
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Motive Power
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30 kWh
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Water
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3 kL/day
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9.0 Financial
Aspects
9.1 Fixed Capital
9.1.1 Land &
Building
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Particulars
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Amount (Rs. Lakh)
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Land 700 m 2
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01.50
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Built up area 400 m 2
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03.50
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Total cost of land and building
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05.00
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9.1.2 Machinery
and Equipment
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Description
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Amount (Rs. lakh)
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Vinegar generator, hydraulic press,
filter press, fermentation tanks, weighing scales, trolleys,
Polythene carboys, wooden barrels, bottle washing unit,
PP cap sealing machine, lab equipment.
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05.50
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Erection & electrification of
machinery & equipment @10% cost
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00.50
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Office furniture & fixtures
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01.00
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Total
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07.00
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9.1.3 Pre-operative
Expenses
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Consultancy fee, project report,
deposits with electricity department etc
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01.00 (Rs. lakh)
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9.1.4 Total
Fixed Capital
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(9.1.1+9.1.2+9.1.3)
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13.00 (Rs. lakh)
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9.2 Recurring
expenses per annum
9.2.1 Personnel
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Designation
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No.
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Salary Per month
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Amount (Rs. lakh)
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Manager
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1
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10,000
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01.20
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Supervisor
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1
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7,500
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00.90
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Office Assistant
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1
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5,000
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00.60
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Technician
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1
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4,500
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00.54
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Skilled workers
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2
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3,750
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00.84
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Unskilled workers
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6
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3,000
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02.16
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06.24
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Perquisites @15 %
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00.96
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Total
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12
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07.20
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9.2.2 Raw Material
including packaging materials
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Particulars
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Qty (t)
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Rate/t (Rs.)
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Amount (Rs. lakh)
|
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Fruits
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110
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10,000
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11.00
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Glass bottles & caps
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60,000
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6,000/th
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03.60
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Labels
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60,000
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1,000/th
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00.60
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Chemicals, cobs, sugar, culture
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LS
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LS
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00.40
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Lab consumables, misc.
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LS
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LS
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00.30
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Total
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15.90
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9.2.3 Utilities
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Particulars
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Amount (Rs. lakh)
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Power
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00.92
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Water
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00.08
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Total
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01.00
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9.2.4 Other
Contingent Expenses
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Particulars
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Amount (Rs. Lakh)
|
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Repairs and maintenance @10%
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01.05
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Consumables & spares, others
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01.00
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Transport & travel
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00.55
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Publicity, postage, telephone
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00.30
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Insurance @ 1%
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00.10
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Total
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00.30
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9.2.5 Total
Recurring Expenditure
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(9.2.1 + 9.2.2 + 9.2.3 + 9.2.4)
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25.15 (Rs. lakh)
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9.3 Working
Capital
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Recurring expenses for 3 months
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06.30 (Rs. lakh)
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9.4 Total Capital Investment
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Amount (Rs. lakh)
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Fixed capital (Refer 9.1.4)
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13.00
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Working capital (Refer 9.3)
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06.30
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Total
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19.30
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10.0 Financial Analysis
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10.1 Cost of Production (per
annum)
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Amount (Rs. lakh)
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Recurring expenses (Refer 9.2.5)
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25.15
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Depreciation on building @ 5%
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00.18
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Depreciation on machinery @10%
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00.60
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Depreciation on furniture @ 20%
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00.20
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Interest on Capital Investment @
12%
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02.32
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Total
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28.45
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10.2 Sale Proceeds
(Turnover) per year
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Item
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Qty
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Rate/bottle (Rs.)
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Amount (Rs. lakh)
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Fruit vinegar, packed in 650 mL
bottles
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60,000
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55
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33.00
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10.3
Net Profit per year
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= |
Sales - Cost of production |
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= |
33.00 – 28.45 |
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= |
Rs. 4.55 lakh |
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|
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| 10.4 Net Profit Ratio |
= |
Net Profit ×100 |
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|
-------------------------- |
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Sales |
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|
|
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= |
4.55
-----------------x 100
33 |
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= |
13.8% |
| 10.5 Rate of Return
on Investment |
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= |
Net Profit ×100 |
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|
------------------------- |
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Capital Investment |
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|
|
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= |
4.55 x 100
----------------------
19.30 |
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|
|
| |
= |
23.6 % |
10.6 Annual Fixed Cost
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Amount (Rs. Lakh)
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All depreciation
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00.98
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Interest
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02.32
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40% of salary, wages, utility, contingency
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03.40
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Insurance
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00.10
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Total
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06.80
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10.7 Break even Point
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=
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Annual Fixed Cost x100 |
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Annual Fixed Cost + Profit |
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|
|
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=
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6.80 x 100
------------------------ |
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6.80+4.55 |
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=
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60% |
11.0 Addresses of Machinery and Equipment
Suppliers
Narangs Corporation
P-25/90 Connaught Place
New Delhi – 110001
B.Sen Barry & Co.
65/11, New Rohtak Road
New Delhi – 110 005
SSP (Pvt) Ltd.
13th Milestone, Mathura Road
Faridabad – 121003, Haryana
Nirmal Services
2254/23 Rajguru Road , Chuna Mandi, Paharganj
New Delhi – 110055
Ganson Ltd.
645 Anna Salai
Chennai – 600006
Grovers Pvt. Ltd.
223, Kaliandas Udyog Bhavan, Prabhadevi
Mumbai – 400 025
Macneill and Magor Ltd.
4, Mangoe Lane
Kolkata – 700 001
Batliboi Engineers ( Bangalore ) Pvt. Ltd.
99/2&3, N.R.Road
Bangalore – 560 002
Gardners Corporation
158 Golf Links,
New Delhi – 110 003
Narene Tulaman Manufacturers Pvt. Ltd.
Balanagar
Hyderabad – 500 037
Raylon Metal Works
Kondivitta Lane , J.B.Nagar, Andheri
Mumbai – 400 059
Bajaj Maschinen Pvt. Ltd.
7/20-7/27 Jai Laxmi Industrial Estate, Site IV
Sahibabad Industrial Area - 201010
Dist.Ghaziabad, UP
Contact for more information
Information Manager
TIMEIS Project
E-mail: timeis@ficci.com
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