Asafoetida

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COMPOUNDED ASAFOETIDA

QUALITY AND STANDARDS : PFA specifications

PRODUCTION CAPACITY : 42 tpa

1.0 PRODUCT AND ITS APPLICATIONS

Hing (Ferula alliacea) and Hingra (Ferula asafoetida) are the

two varieties of asafoetida known and recognized in India.

Compounded asafoetida powder/tablets find use in India in

culinary preparations for flavouring purpose. Pure asafoetida

is generally not preferred for use in view of the high

concentration. It is, therefore, sold in compounded form.

2.0 MARKET POTENTIAL

There is a good demand for quality compounded asafoetida in the domestic as well as in export

market. India has been exporting asafoetida to UK, Yemen, Belgium, Kenya, Malaysia, Oman,

Switzerland, United Arab Emirates and other countries. It is estimated that about 3500 tonnes of

asafoetida is processed for domestic/export markets.

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 2nd 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.

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:

v Scheme preparation and approval : 01 month

v SSI provisional registration : 1-2 months

v Sanction of financial supports etc. : 2-5 months

v Installation of machinery and power connection : 6-8 months

v Trial run and production : 01 month

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5.0 TECHNICAL ASPECTS

5.1 Location

The main factors for the location of the unit are nearness to market, availability of cheap labour and

availability of...