In India, we have food manufacturing business ideas.
Following are 7 steps you need to take before starting your own food business.
Make sure the structure of the company is well defined.
Get your research done in depth.
Register with FSSAI and obtain your license.
To apply for a trademark, click here.
Make sure your tests include water testing and organic testing.
It will cost you anything from $10,000 to $150,000 just to start running a food manufacturing program. It may be necessary to use your own resources, engage a suitable investor, or obtain a bank loan for your plan. Process, process technologies, and products that you create are part of the patent application process. For this purpose, you must obtain a FSSAI license and produce any type of food item as part of a production, processing and marketing facility. Water tests and a certificate of organic testing should be taken in the case of necessities. A capital expenditure of ten lakhs should include machinery, equipment, and working capital (excluding land and construction costs). The total investment required for the project is over Rs. 10,000 crore. If the unit sells food at Rs. 5 lakhs, this can produce a revenue of Rs. 20 lakhs. With 60% operating efficiency, he makes 70 lakhs.