This document presents a business plan for establishing a mechanized facility to manufacture raw agarbattis (incense sticks) in India. It will transform the industry from unorganized household production to an organized micro-enterprise. The plan discusses setting up a facility with 10 semi-automatic machines in Dombivli, with production projected to reach over 150,000 kg annually by year 5. It provides details on the production process, sales strategy, raw material needs and pricing, costs including machinery, rent and labor, and financial projections over a 5 year period. The venture aims to generate employment and empower women while supplying a major market.
Patanjali Ayurved Limited is an Indian FMCG company
Located in the industrial area of Haridwar
Manufactures mineral and herbal products.
Patanjali is the fastest growing fast-moving consumer company in India.
Self-independence of India from Swadeshi.
To promote Indian product.
Make a largest retail chain in all over India both rural and urban market
To Provide reasonable price for farmers
To fulfill the demand of customers across the India on reasonable price.
To Support Indian industries by creating demands of Swadeshi products.
To generate employment for youth, skilled/unskilled and professionals.
To establish Ayurveda and create biggest market chain for herbal products.
To Strengthen Indian economy by replacing foreign products with Swadeshi products.
An Internship Project Report on Reliance Industries LimitedSagar Sharma
I had interned in Reliance Industries Ltd. jaipur in the marketing field, during my internship i learnt the marketing strategies which are adopted by the reliance in retail zone.
My project was on "Launch of a new retail store 'Reliance Super' at Element Mall, Jaipur.
Analysis of Paint Industry, Modes of Packaging and Usage of TIN in Paint Indu...Sautrik D. Mantrani
A Study of paint industry in India and packaging in Tin -Cans. Preparation of template and forecasting of tinplate in the view of Tata Tinplate( The Tinplate Company of India Ltd.).
Patanjali Ayurved Limited is an Indian FMCG company
Located in the industrial area of Haridwar
Manufactures mineral and herbal products.
Patanjali is the fastest growing fast-moving consumer company in India.
Self-independence of India from Swadeshi.
To promote Indian product.
Make a largest retail chain in all over India both rural and urban market
To Provide reasonable price for farmers
To fulfill the demand of customers across the India on reasonable price.
To Support Indian industries by creating demands of Swadeshi products.
To generate employment for youth, skilled/unskilled and professionals.
To establish Ayurveda and create biggest market chain for herbal products.
To Strengthen Indian economy by replacing foreign products with Swadeshi products.
An Internship Project Report on Reliance Industries LimitedSagar Sharma
I had interned in Reliance Industries Ltd. jaipur in the marketing field, during my internship i learnt the marketing strategies which are adopted by the reliance in retail zone.
My project was on "Launch of a new retail store 'Reliance Super' at Element Mall, Jaipur.
Analysis of Paint Industry, Modes of Packaging and Usage of TIN in Paint Indu...Sautrik D. Mantrani
A Study of paint industry in India and packaging in Tin -Cans. Preparation of template and forecasting of tinplate in the view of Tata Tinplate( The Tinplate Company of India Ltd.).
Kurkure is a brand of corn puffs produced and developed by PepsiCo India. It is named after Hindi word called ‘crunchy’ or ‘crispy’. It is developed entirely in India. It was launched in the year 1999 as ‘Lehar kurkure.’ Even after this much of time, it is considered as the most wanted snacks by people all around. It is preferred by people of all ages and are liked by all. Apart from being consumed in its original form. It is preferred in different other ways such as kurkure salad, kurkure momos, kurkure bhel etc.
Founder - Jamnalal Bajaj
Year of Establishment -1926
Industry Automotive - Two & Three Wheelers Business
Group -The Bajaj Group
Listings & its codes BSE - Code: 500490; NSE - Code: BAJAJAUTO
Market Research Report : Motors Market in India 2014Netscribes, Inc.
For the complete report, get in touch with us at : info@netscribes.com
Abstract:
Netscribes latest market research report titled Machine Tools Market in India 2014 describes the dynamics of machine tools supply and demand in this country. In 2013, domestic production accounted for only one-third of the overall domestic consumption of machine tools in India. Demand is expected to grow steadily over the next few years and Indian players wish to increase market share of domestic production considerably during the same time period. With respect to import and export of machine tools, India plays a prominent role with some of its key partner nations being China, Japan and Germany.
Within the machine tools industry, there are around 1000 units involved in the production of machine tools, accessories and subsystems. Out of these, the very large companies are responsible for more than half the industry turnover and the rest can be attributed to SMEs. Thus, while the demand-supply gap in the industry creates an opportunity for new entrants, the need for continuous technology upgradation and rise in production costs together pose a challenge for the smaller players. However, there are government initiatives in this regard to support the SMEs, schemes such as Credit Linked Capital Subsidy Scheme for Technology Upgradation and National Manufacturing Competitiveness Programme. The major players have increasingly moved towards sophisticated machines, but they need to continue investing in R&D and technology transfer partnerships with other nations to remain competitive in this dynamic industry.
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Analysis of the competitive landscape and detailed profiles of major public and private players
Improving profitability for small businessBen Wann
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Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
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What might I learn?
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Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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Raw Agarbatti Business Module (Incense Industry)
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… The Incense of India Raw Agarbatti Industry –Business Module…
Presentation By:
Sanjay Kumbhar : Roll No 107
Athira Nair : Roll No 079
Joseph Phillip : Roll No 001
Rachita Patel : Roll No 067
Vinod Bopche : Roll No 109
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Flow of Presentation ***
Unique Business Proposition
Introduction, Executive Summary.
Perceived Advantage & Social Benefits
Production & Sales Strategy
Pricing Strategy.
Material Projections & Costing
Cost of P&M and Rent
SCOT Analysis
Mitigation Strategy for Challenges
Cash Flow
Financial Ratios
Conclusion
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** UNIQUE BUSINESS PROPOSITION***
Creation of a mechanised facility for bulk manufacture of
Agarbatties or Sandal Sticks for supplying to established market
players.
Transformation from unorganized household industry to
Organized Micro Enterprise (with investment in equipment does
not exceed Rs. 10 lakhs2 and investment in plant & machinery
not exceeding Rs. 25 lakhs1)
Venture to be located in suburban area or Micro Small &
Medium (MSME) industrial estates in the outskirts of Dombivli.
Supply of finished goods to major markets including Gujarat
and Karnataka in addition to Mumbai for retail packaging &
branding. Source: 1. MSMED Act 2006 (RBI website); 2. Ministry of Small Scale
Industries notification No.S.O.1722(E) dated October 5, 2006
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Introduction ***
Introduction:
Incense Invention by Chinese monks around 200 CE.
Earlier reference in Vedas- the Atharva-veda & Rigveda-Incense-
burning was used both to create pleasing aromas & as medicinal tool.
It is widely used by most religions, casts, across the universe
Vision:
Create sustainable Micro Sector Enterprise
in the niche market.
Mission:
Uplift lifestyle of urban & rural residents and create employment with
Women empowerment.
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… The Incense of India Raw Agarbatti Industry –Business Module…
Perceived Advantages / Social Benefits
Low initial investment & start-up costs.
Limited space requirements
Assured demand for bulk supply of raw agarbatties
Scope of MSME loan from MIDC, banks and District
Industries Promotion Council(DIPC) under priority
sector.
Skill up-gradation & minimum level of training required.
Lesser expenses on marketing and promotion
warranted.
Generation of employment in USK & SSK sector
laborers.
Gainful income generation opportunities for urban poor.
Non-polluting and environment friendly production.
Uplift of Rural & Urban living & women empowerment.
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** SCOT Analysis ***
Strength
• Strategically located
• Ease availability of Manpower
• Eco-friendly Product
• Lean cost base
• Less Skill Manpower
• Minimum Initial Investment
Challenges
• Enhance people’s efficiency with training
• Scarcity of resources while seasonal
employment.
• Disorganized
• Unstructured workforce –attrition
• Highly labour oriented
• Brand Creation
Opportunities
• High Potential/Demand
• Demography of urban & Rural
• High social exposure for urban & Rural
Threats
• Imports by Multinational Players
• Dependency on supply of Bamboo
• Competition can mushroom very fast
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Production Strategy ***
Initial business module- for 10 No. of semi-automatic machines
The machine capacity- 10Kg/Hour, depends on skillset of manpower
The production efficiency depends on skill of manpower & enhance
with experience, hence assumed 5% incremental every year.
The wastage on finished goods- 1% & raw materials- 3%
Quantityin
Kg/Day
Quantityin
Kg/Annum
Quantityin
Kg/Day
Quantityin
Kg/Annum
Quantityin
Kg/Day
Quantityin
Kg/Annum
Quantityin
Kg/Day
Quantityin
Kg/Annum
Quantityin
Kg/Day
Quantityin
Kg/Annum
Avg. 468 121680 491 127764 516 134152 542 140860 569 147903
Year2 Year3 Year4 Year5Year1M/C
No
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Sales Strategy ***
Huge Potential- INR 5475Cr Turnover Industry (125e7/1000*365*600/1e7/5)
Quantityin
Kg/Annum
Amountin
Lac/Annum
Quantityin
Kg/Annum
Amountin
Lac/Annum
Quantityin
Kg/Annum
Amountin
Lac/Annum
Quantityin
Kg/Annum
Amountin
Lac/Annum
Quantityin
Kg/Annum
Amountin
Lac/Annum
1.00% 95 1.00% 106.21 1.00% 122.1415 1.00% 140.46273 1.00% 154.51
120463 114.44 126486 134.34 132811 162.22 139451 195.88 146424 226.24
M/C
No
Year 1 Year 2 Year 3 Year 4 Year 5
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Raw Material Pricing ***
India- Price Sensitive Country
Item consumpti
on
rate amount
Bamboo sticks 0.309 Rs 65/kg 20.09
jiggat 0.252 Rs 30/kg 7.56
charcoal 0.324 Rs 4.0/kg 1.30
Saw dust 0.144 Rs 4.0/kg 0.58
TOTAL 37.25
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Raw Materials- Bamboo Sticks ***
M/C No
Year 1 Year 2 Year 3 Year 4 Year 5
Quantity in
Kg/Annum
Amount in
Lac/Annum
Quantity in
Kg/Annum
Amount in
Lac/Annum
Quantity in
Kg/Annum
Amount in
Lac/Annum
Quantity in
Kg/Annum
Amount in
Lac/Annum
Quantity in
Kg/Annum
Amount in
Lac/Annum
0.309 65 0.309 71.5 0.309 78.65 0.309 86.515 0.309 95.1665
37599 24.44 39479 28.23 41453 32.60 43526 37.66 45702 43.49
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Raw Materials- Jiggat ***
Quantity in
Kg/Annum
Amount in
Lac/Annum
Quantity in
Kg/Annum
Amount in
Lac/Annum
Quantity in
Kg/Annum
Amount in
Lac/Annum
Quantity in
Kg/Annum
Amount in
Lac/Annum
Quantity in
Kg/Annum
Amount in
Lac/Annum
0.252 38 0.252 41.8 0.252 45.98 0.252 50.578 0.252 55.6358
30706 11.67 32241 13.48 33853 15.57 35546 17.98 37323 20.77
M/C
No
Year 1 Year 2 Year 3 Year 4 Year 5
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Raw Materials- Charcoal ***
Quantity in
Kg/Annum
Amountin
Lac/Annum
Quantity in
Kg/Annum
Amountin
Lac/Annum
Quantity in
Kg/Annum
Amountin
Lac/Annum
Quantity in
Kg/Annum
Amountin
Lac/Annum
Quantity in
Kg/Annum
Amountin
Lac/Annum
0.324 4.0 0.324 4.4 0.324 4.84 0.324 5.324 0.324 5.8564
39479 1.58 41453 1.82 43526 2.11 45702 2.43 47987 2.81
M/C
No
Year 1 Year 2 Year 3 Year 4 Year 5
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Raw Materials- Saw Dust ***
Quantity in
Kg/Annum
Amountin
Lac/Annum
Quantity in
Kg/Annum
Amountin
Lac/Annum
Quantity in
Kg/Annum
Amountin
Lac/Annum
Quantity in
Kg/Annum
Amountin
Lac/Annum
Quantity in
Kg/Annum
Amountin
Lac/Annum
0.144 4.0 0.144 4.4 0.144 4.84 0.144 5.324 0.144 5.8564
17546 0.70 18424 0.81 19345 0.94 20312 1.08 21328 1.25
M/C
No
Year 1 Year 2 Year 3 Year 4 Year 5
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Cost of Plant & Machineries ***
Quantity Rate in INR Amount Life Span Method Year 1 Year 4 Remarks
1 Manufacturing Machine 10 89250 892500 7 WDM 8.93
2 Vertical Racks for drying 150 270 40500 7 WDM 0.41
3 Quality Appliances 1 13599 13599 7 WDM 0.14 9.47
4 Safety Appliances 1 9000 9000 5 WDM 0.09
5 Blending Machine 1 41790 41790 5 WDM 0.42
6 Sieving Machine 1 41790 41790 5 SLM 0.42 0.93
7 Weighing Scale -200Kg 1 9450 9450 3 SLM 0.09 0.11
8 Weighing Scale -15Kg 1 4725 4725 3 SLM 0.05 0.06
9 Desktop 1 36000 36000 3 SLM 0.36 0.43
10 Laptop 1 27000 27000 3 SLM 0.27 0.32
11 Printer 1 9000 9000 3 SLM 0.09 0.11
12 Music System 1 12000 12000 3 SLM 0.12 0.14
13 Table 1 4500 4500 3 SLM 0.05 0.05
14 Chairs 1 900 900 3 SLM 0.01 0.01 1.04
11.43 1.24 12.67
Sl.
No.
Item Descreption
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** P&M Depreciation & Rental Property Cost ***
Item Descreption Area SqFt Rate PSF Rent PM Year 1 Year 2 Year 3 Year 4 Year 5
1 Main Factory Unit 250 20.000 5000 60000 66000 72600 79860 87846
2 Agarbatti Drying Space 500 5.000 2500 30000 33000 36300 39930 43923
3 Packaging & Stacking 312.5 20.000 6250 75000 82500 90750 99825 109808
4 Office Space 120 20.000 2400 28800 31680 34848 38333 42166
5 Oparations 150 20.000 3000 36000 39600 43560 47916 52708
19150 2.30 2.53 2.78 3.06 3.36
Rent Deposit 2.5 Lakhs
Total Amount in Lakhs
Sl.
No.
Life Span Amount Rate Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
1 7 Years 9.47 18.00% 1.704 1.397 1.146 0.939 0.770 0.632 0.518
2 5 Years 0.93 20.00% 0.185 0.148 0.119 0.095 0.076
3 3 Years 1.04 33.33% 0.345 0.345 0.345
4 3 Years 1.24 33.33% 0.414 0.414 0.414
in Lakhs 12.67 2.23 1.89 1.61 1.45 1.26 1.05 0.52
Sl.
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*** Cost of Manpower ***
Nos Monthly Pay Year 1 Year 2 Year 3 Year 4 Year 5 Remarks
1 Operation Manager 1 10500 126000 138600 152460 167706 184477
2 Main Mfg M/c 10 6023 722779.2 795057 874563 962019 1058221
3 Blending Machine
4 Sieving Machine
5 Weighing Scale
6 Weighing Scale
7 Desktop
8 Laptop
9 Printer
10 Music System
11 Packing & Stacking 2 6500 156000 171600 188760 207636 228400
12 Loading & Unloading 1 6000 72000 79200 87120 95832 105415
13 Office Boy 1 5500 66000 72600 79860 87846 96631
15 Misc labour 10 500 60000 66000 72600 79860 87846
27 1.16 13.90 15.29 16.82 18.50 20.35
129373.2 142310.521 8100 97200 106920 117612
Sl.
No.
Item Descreption
Operator 1 7500 90000 99000 108900 119790 131769
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*** Cost of Power, Water, Telephone ***
Hrs/Day Power Units Year 1 Year 2 Year 3 Year 4 Year 5 Remarks
1 Main Mfg M/c 6 390 35100 36855 38698 40633 42664
2 Blending Machine 2 5.2 468 491 516 542 569
3 Sieving Machine 2 5.2 468 491 516 542 569
4 Weighing Scale 6 3.12 280.8 295 310 325 341
5 Weighing Scale 6 6.24 561.6 590 619 650 683
6 Desktop 12 6.24 561.6 590 619 650 683
7 Laptop 8 2.08 187.2 197 206 217 228
8 Printer 1 1.3 117 123 129 135 142
9 Music System 12 3.12 280.8 295 310 325 341
10 60 Wat CFL 10 15.6 1404 1474 1548 1625 1707
11 Ceiling Fans 12 31.2 2808 2948 3096 3251 3413
12 AC 12 78 7020 7371 7740 8127 8533
0.49 0.52 0.54 0.57 0.60
13 Water - Drinking in Liters 67.5 1755 5265 5528 5805 6095 6400
15 Water - Production - Ltr 936 24336 6084 6388 6708 7043 7395
0.11 0.12 0.13 0.13 0.14
16 telephone, Internet 1000 12000 12600 13230 13892 14586
15 Printing Stationary, Courier 2700 2835 2977 3126 3282
0.15 0.15 0.16 0.17 0.18
17 Transportation Weightage Rate/Kg
Ahmedabad(Gujarat) 70% 3.00 255528 268304 281720 295806 310596
Mumbai(Maharashtra) 10% 1.50 18252 19165 20123 21129 22185
Bangalore(Karnataka) 20% 4.00 97344 102211 107322 112688 118322
3.71 3.90 4.09 4.30 4.51
Total for Power
Total for Water
Total for Telephone & Printing
Total for Transport
Sl.
No.
Item Descreption
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… The Incense of India Raw Agarbatti Industry –Business Module…
*** Mitigation Stategy for Challenges***
Challenges Description Mitigation
Overproduction Manual production in
unorganised sector &
household industries
Assurance of uniform
quality in mechanised
production
Dumping Large-scale cheaper
imports from China
Diversify into new
fragrances and
cheaper production
Competition Organised sector players
such as ITC, Mysore
Agarbatties, Gujarat
factories etc.
Bulk supply of sandal
sticks to organised
players
Technologic
Obsolescence
New electronic dispensers &
chemical fragrance
generators may capture
the market
Traditional values
associated with
devotional products
Fire Hazard Chances of fire during
production & operation
Fire protection
measures / insurance
to be provided
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*** References ***
http://en.wikipedia.org/wiki/Incense_of_India
http://iii.gov.in/images/stories/RTP2012/4_Industry_Innovation_Cluster.p
df
http://articles.economictimes.indiatimes.com/2013-08-
17/news/41420898_1_bamboo-labour-shortage-raw-material
http://www.tribac.in/images/Publication/Agarbatti%20Jenner%20selim
%20Article.pdf