We keep in mind the Prime Minister’s Employment Generation Programme (PMEGP) and Pradhan Mantri MUDRA Yojana (PMMY) and all Government Schemes have prepared Flour Mill Project Report for Bank Loan.
In addition, inform us if any modification is required in the report. Thereafter, we will amend the report and make it available to you immediately.
Many people are interested in running a flour mill business, but they don’t have any idea about the process and costs for setup. Flour Mill could be a very much profitable business, but you need some patience.
If we review our local market needs, there are different types of flour mill setup like domestic flour mills, commercial flour mills, bakery/mini flour mills and roller flour mills. Out of these, commercial one is very useful as it required low cost but also variable-since flour procure from this at commercial level.
Flour Mill is the traditional process also. Generally, we see flour is used in our daily life for different purposes like chapatti making, naan, puri, bread etc. This is the essential raw material and highly consumed in daily routine in India.
Grains should be clean and dry before grinding and then break split by sieving to superior or intermediate particles and other rough particles. Different types of grains flour in the mill like wheat, bajra, Makka, rice, millets etc. are in great demand. Therefore mill is required for the flouring purpose. Flouring is done 5-6 times to get smooth flour.
Flour Mill Project Report for Bank Loan
Flour Mill Business Plan for Bank Loan related to business and services in India. The report provides a Business plan in India for bank loan in excel, word and pdf format and also available in the Hindi language.
Around 812 roller flour mills run in India which produces nearly 25 million tonnes flour of Rs 1000 crore per day. 30-1000TDP minimum capacity required per day of raw materials. For the startup of small or mini flour mill, at least 30 tonnes of raw material is required daily.
A lot of products like chapattis, puri, paratha are formed using flour. Various bakery products like biscuits and cakes are prepared using wheat flour or maida, which is the primary ingredient.
In this process, there is no pollution problem except dust, which can damage plant and machinery, also counter effect on workers’ health. For this reason, cyclone used to separate dust in the mill. In the milling system, the person should be aware of the selection of motors and energy requirement.
Price involved in a startup a mini flour mill project
- Costing for land and office setup is Rs.5000/-.
- Purchasing machinery and equipment’s milling section is Rs.3,50,000/-
- Costs involved in preoperative expenses is Rs.20,000/-
- Raw material purchase cost is Rs.50,000/-
- Other utilities cost like power and water requirement is Rs.30,000/-
Total Costing is around Rs.6,00,000/-
Licensing and approval required to set up a Flour mill
Shop Act or Trade License
Apply for a Shop Act license from the local authorities if you want to set up a flour mill in India to startup your business.
Flour mill set up is considered as a small business, and therefore, it is to be registered in Udhyam which is registered in MSMEs i.e. Micro, Small, and Medium Enterprises.
Every business’s basic requirement to show the taxes at any point of business. Therefore, it is important to manage all taxes in a single uniform taxation structure present in India under which you have to register your business i.e. under Goods and Services Tax (GST) which is now common for everyone.
Along with these registrations, you have to apply for BIS certification. In this registration, no pollution clearance request is applicable, but it’s better to investigate with the State Pollution Control Board of the local area before startup any business.
In the market, this business in great demand and money expenditure is very less, therefore; banks are easily ready to provide loans for Flour mill Business. It required very less space and not gender-specific means anybody can start this with good knowledge. Hence, it helps to start on a small scale, and banks provide a 60% loan on the machinery for setup.
Banks list which provides loans and subsidies for establishing flour mill business:-
- State Bank of India
- Canara Bank
- Punjab National Bank
- Union Bank of India
- Central Bank of India
- Bank of Baroda
Requirementsto set up flour mill project
Some major requirements to set up a mini flour mill project are-
- Land minimum of 200 sq. Mtrs.
- Construct an area for the plant and machinery as well as for the storage bins for grains.
- Construct office, laboratory etc.
- Machinery equipments include the following things:
4.1 Single bucket elevator without belt and bucket
4.2 Reel Machine (3 segments)
4.3 Rotary separator with aspiration channel
4.4 Scourer machine with aspiration channel
4.5 Intensive dampner
4.7 De-Stoner without fan & cyclone
4.8 Indent cylinder
4.9 Screw conveyor 7 m 1500/m, 4.5 m 1500/m
4.10 Dust cyclone with air sealdia 960mm
4.11 L.P. Fan for 1st Cleaning
4.12 L.P. Fan for Main Cleaning
4.13 L.P. Fan for DE stoner
4.14 L.P. Fan for final Cleaning
4.15 Magnets 6″*12″
4.17 Roller Mill body
4.18 Rolls diameter 250 x 1000 mm (Indian)
4.19 Roll Grooving & spindle cutting
4.20 Plan sifter eight feed /16 sec
4.22 Bran – finisher
4.23 Pneumatic lifts
4.24 Triple worm 8 mt. each
4.25 L.P. Fan purifier 1120 mm
4.26 Dust cyclone diameter
4.27 H.P. Fan
4.28 Supper cyclone
4.29 Bolting cloth lot
4.30 Misc. accessories like inspection, cover & joint range etc.,
4.31 Electrical motors
4.32 electric pannel boards fitted with main starter switches, cables, cable fittings, volts and AMP meters, AC.B capacitors
4.33 Reduction gears standard make
4.34 V-Groove, Pulleys, Couplings, V-Belts
4.35 Erection Material such as angle, Channel, Sheet, Iron
4.36 Tools and other equipment required during Erection
4.37 Consumable things like Nut, Bolt, Gas, and Welding Rods, Nanda, Fevicol,
4.38 Weighing scale 4 Nos.
4.39 Erection and Consultancy charges
Subsidies and eligibility for the scheme
Flour Mill is a very good opportunity to start up such kind of business as you can receive 25% of the capital cost of the plant and machinery cost, civil work cost from the government in general states.
In case of tribal development project, 33% up to Rs.75 lakhs received in areas like Sikkim, Jammu and Kashmir, Himachal Pradesh, north-eastern states, Uttarakhand, etc. Only you need to submit affidavits.
All firms, PSUs, cooperatives, companies can also apply for the same on a large scale and provide good job opportunities in such kind of areas.
Disbursement of grant or subsidies
The economic process is done in two equal instalments which released in two equal parts first and second (50%) and (50%)
Documents requirement and subsidies for mini flour mill
Following documents are required to set up this business and to take subsidies.
- Non-judicial stamp paper of Rs.100 as an agreement.
- Non-judicial stamp paper of value Rs.100 as an affidavit.
- Non-drawl of MFPI grants paper.
- Provide proof or certificate that you have not applied for this scheme or subsidy or loan in the past from anywhere like centre government or department or ministry or agencies or state government as per the rule 209.
- MFPI for the grain milling sector to avail the grant.
- Utilization certificate by the plant unit produced in the form of GFR 19A.
- Also, you can apply for term loan linked application to avail grant.
- Liability from the lending institutions under the scheme.
- For a total outlay of the scheme take 15%.
This loan and subsidy will be permitted only as per rules of the government for proper usage of the lands and schemes.
It’s a hard task for factory investors to sell the flour to the direct customers, but if the competition in the local market is low, then the selling of final flour is easy. Some markets are very hot for the startup of this business since it is in high demand and competition is very low.
Conclusion of Flour mill project
Flour mill subsidy provided in following states like Karnataka, Tamilnadu, Telangana, Maharashtra, Andhra Pradesh, Kerala, Bihar, Madhya Pradesh, Uttar Pradesh, West Bengal, Gujarat, Rajasthan, Punjab, Haryana, Uttarakhand, Chhattisgarh, Odisha, Assam, Himachal Pradesh, Nagaland, Meghalaya, Tripura. Government subsidy for a flour mill, Pindi girni subsidy and loans, flour mill loans from banks, mini flour mill cost, wheat flour mill cost and subsidy, Ragi flour mill cost and subsidy,Cornflour mill cost and subsidy, license to start a flour mill business,business plan of flour mill, grain flour mill cost, subsidy, rice flour mill cost and subsidy and atta mill cost and subsidy.On all these, the government provides handsome subsidy and therefore you can easily establish your business and support yourself.
Flour Mill Project report Format for MUDRA PMEGP Loan.
However, the format for the project report includes financial information. Therefore, it includes Projected Balance Sheet and Profit and Loss Statements for the next 8 years. It also includes Ratio Analysis, Market Potential, Business Plan, Industry Trends, and Process.
Also present strengths and weaknesses. Hence, understand in below mention two parts.
Firstly, Flour Mill Detailed Project Report Contains: –
- Details of Business
- Introduction to Business Idea
- Brief about the effect of COVID- 19 on Business
- Benefits Available under Government Sponsored scheme
- Computation of Subsidies available under the scheme
- Manufacturing or Operating Process,
- Process Flow Chart
- Supplies of Raw material
- Supplies of Plant and machinery
- Export-import Data
- Credit Policies
- Marketing Strategy
- Future Plans
- SWOT Analysis
Secondly, below mentioned financial statements will be for the next 8 Years
- Projected Balance Sheet
- Projected Income Statement
- Cost Of Finance
- Means Of Finance
- Assessment Of Working Capital Requirement
- Cash flow Statement
- Term Loan Repayment Chart
- Depreciation Chart
- Debt Service Coverage Ratio
- Ratio Analysis
- Sensitivity Analysis
- Break-Even Analysis
Procedure to get Detail Business Plan
Gone are the days waiting at the door of expert, as a result, get your project report in hand, now you can get your business plan in just one single click. Further, the report is editable; therefore you can edit it the way you want to.
Consequently, we can modify the Cost of the project, capacity, and loan amount as per your need.
CA Certified Flour Mill Project Report
However, some banks asking for CA certified report; therefore we provide the same, on additional payment of Rs.1000/- ( One thousand only).
In Conclusion, we have prepared the business profile in contrast to that you can access it immediately. Our team is also ready for any kind of changes in the project report.