Papad Making Business in India

1. Papad Making Business in India www.aatmnirbharsena.org

2. Introduction • Papad making business in India is a wise and profitable investment option. • Besides this, it involves little capital investment. Papad is usually served as an appetizer; it is utilized in most of the countries situated in Asia, predominantly in India. • It seems to be a thin wafer-like product. • The variation and balance of pulses and spices vary from region to region depending entirely upon local people's preferences, whereas specific varieties are gaining popularity at a mass level. www.aatmnirbharsena.org

3. Any individual can commence Papad making business either on a small-scale, home-based cornerstone, or a grand scale. • It is sometimes depicted as a cracker or flatbread. Various other unique names of Papad are Papadum and Papar. • Papad can be prepared by deep-frying, roasting over a naked flame, toasting, or microwaving, depending on the aspired texture. • Papad making is viewed as a very lucrative and profitable opportunity in the sphere of a food manufacturing business in India. • People consume papad as flavor enricher with the chief course and as a snack part. Besides being nutritious, it is also tasty. Usually, one can consume papad either as fried or roasted. The shelf life of papad is around 2½ to 3 months. www.aatmnirbharsena.org

4. Papad Making Business- Market Potential • The market for papad is firmly growing throughout the geographical boundaries of India. • There are not too many seasonal variations, but demand usually goes up by 10% to 15% when wintertime arrives. • There are a pair of national brands, but the market is predominantly ruled by the local brands. This exercise is yet to pick up in Assam, and thus possibilities for a new entrant are radiant, rendered quality is good, and prices are competitive in today's scenario. • It can be sold via many outlets of provision & departmental stores. Before driving the product in the market, and expeditious assessment of consumer preferences is desirable. www.aatmnirbharsena.org

5. The two significant crucial aspects are quality and price. • Apart from the well-known brands, small manufacturers perform their operations in the papad market predominantly. • Apart from the retail distribution, the product has a vast institutional market. • Primarily, the hotels, restaurants, resorts, student hostels are the regular buyer of papad. • Therefore, papad making is a small-scale opportunity for young and willing entrepreneurs. www.aatmnirbharsena.org

6. Types of Papad In the market, various types of papads are available. Popular types of papads are- • Rice Papad • Moong Papad • Poha Papad • Aloo Papad • Masala Papad • Methi Papad • Urad Papad • Palak Papad • Garlic Papad • Shrimp Papad • Sabudana Papad www.aatmnirbharsena.org

7. Setting up a Business Plan • Before commencing papad making business in India, look for some research about zone socioeconomics, various items obtainable in the market, and the showcasing methodology of different papad making organizations as well. • Frame a relevant business plan. It is reasonable to have a transformed undertaking report close prior to starting the business. • Determine your fixed capital investment with hardware along with building costs. • Working capital consolidates crude material, transport, labor, power, advertising costs, and several incidental costs. • A step-by-step business plan is one of the critical requirements for any form of business. www.aatmnirbharsena.org

8. On a broad scale, a business plan comprises two parts. The first one is the technical part. • It holds the market opportunity, raw material requirement, machinery requirement, along with Production technology. • The second and the usual essential part is the financial part. • The financial part reveals the financial resources and also throws light on the profitability of the business. • Hither, you should incorporate the break-even, payback period, and ROI. • These all will assist you not only in setting the unit but also in arranging finance from banks and other financial institutions. www.aatmnirbharsena.org

9. Licenses Required for Papad Business in India 1- Registration of Firm- You may commence the small to medium scale Papad making business either via a Proprietorship or Partnership Firm. • If you spring this business as One Person Company, you need to get your firm registered as a proprietorship. • For Partnership operation, you must look for registering as an LLP(limitedliabilitypartnership) or Pvt. Ltd. Company with the ROC(Expanded as Registrar of Companies). www.aatmnirbharsena.org

10. 2- SSI/MSME Registration- SSI/MSME Registration will make you fit for schemes and facilities by the government. • So, if you yearn to get the government subsidies or schemes concerning your business, then you need to apply for SSI/MSME Registration.  3- Food Safety and Standard Authority of India(FSSAI)- The Papad making business is a part of the food processing industry. Thus, acquiring an FSSAI license is mandatory. 4- GST Registration- Get GST number (requisite for all the businesses after GST rule), tax identification number, along with an insurance certificate. www.aatmnirbharsena.org

11. 5- Trade License- Get the Trade License from local authorities. 6- IEC Code- If you plan to export the Papad to other countries, you need to take the IEC code necessary for exportingproducts in any business. 7- ESI Registration- Employees state insurance, which is a scheme related to insurance for workers. 8- EPF Registration- Employees provident fund is mandatory for the business where more than 20 employees are serving. 9- PFA Act- Compliance with the PFA Act is necessary for papad making. Quality standards, as stipulated by BIS are ready to vide IS 2639:1984; also, you should follow the BIS standard. 10- Trade Mark- Get your brand name registered with a trademark, which will shield your brand. www.aatmnirbharsena.org

12. Papad Making Business Investment • Alike any manufacturing business, commencing a papad-making business requires two types of funding. • The fixed capital can be obtained as a term loan, and working capital advanced via cash credit or overdraft facility. • With a comprehensive project report with financial calculation, you may apply to either bank or financial institutions like microfinance or cooperatives. • Besides this, you can approach any angel investor to make the arrangement of the startup capital. • Aatmnirbhar Sena would help in managing the financial resources for those who are into papad making business. www.aatmnirbharsena.org

13. Papad Making Business- Raw Materials • The chief raw material used in any papad is pulse flour. • Nevertheless, what specific pulse flour you require depends on the special type of papad you want to create. • Therefore, according to the flavor and taste, you should procure the pulse flour in a definite quantity. • Besides this, you would have to arrange various spices, packaging consumables, and edible oils. www.aatmnirbharsena.org

14. Machinery for Papad Making Business Papad making unit can be installed in three ways, such as manual, automatic, and semi-automatic. CFTRI, Mysore, has strongly developed papad press. Numerous types of pedal-operated papad press machines are readily available. To get small quantity output, you may use this type of machine. • Fully Automatic Papad Making Unit- You can set fully automatic Papad making machine in order to get large scale production output. • Usually, these machines are helpful for large enterprises. • These machines are useful for churning out significant volumes of Papad in one shot. • This type of machine views the whole process from mixing ingredients to the accumulation of ready-to-deliver Papad. www.aatmnirbharsena.org

15. Semi-Automatic Papad Making Unit • You can set a semi-automatic papad making unit in order to get more production output as compared to a manual system. • Under this case, you will require a mixing machine, electric grinding machine, electric papad press machine, water storage tank, weighing scale, drying machine with trolley, pouch sealing machine along with some laboratory equipment. www.aatmnirbharsena.org

16. Papad Making Process • You can make a different variety of papad by effectively utilizing the combination of different types of pulses. • Moreover, you need to add water in sufficient quantity in the flour of pulses, spices, common salt, and sodium bicarbonate. • Prepare a blend by mixing homogeneously to get the dough.After 30 minutes gets over, small balls weighing about 7-8 grams of dough are formed. • In the next step, you need to put these balls in papad making machine. Hither these balls get pressed, and circular papads are prepared on the basis of the size of the mold. • Then, you will require to dry these papads as well. You may go ahead with the option of sun drying. • However, machine dried papad appears better in terms of looks. Eventually, pack in a lot of 25 or around 50 papads in polythene bags. www.aatmnirbharsena.org

17. Name your Papad Making Business Successfully • If you are earnestly looking to make your papad making business touch the sky, you must give priority to giving a name to your papad making business. • You should pick a relatable and catchy name that reflects the nature of your product and the company to the anticipated customers. The below-mentioned points can boost your papad making business- Come up with Simple but Unique Business Name- Initiate with simple words rather than increasing the complexities. Come up with something that seems to be simple as well as unique. The name must hold an appealing factor. You may look for trying name choices with your potential customers, investors, and even staff members. Brainstorming ideas and names on what you aspire to go with and what your business is all about. Coming up with something simple for somebody to understand is the deciding factor for naming a business. www.aatmnirbharsena.org

18. Understand your Target Market- Markets have diversified segments and audiences, hence do know your type and set of target buyers before giving your nod to a business name. It's advisable for you to understand your target customers and the areas you want to perform your business operations. Business Name Should Resonate your Business- A name that will render some knowledge about your business is a plus point. Your business name must match your business and what you produce. It will help you gain your own audience, and people can remember your brand that will remind them of the products and services you offer. Further, make sure that your business name has no negative or offensive connotations in any language form. www.aatmnirbharsena.org

19. Easy to Write, Pronounce, and Remember- Keep your business name easy and simple so that people can easily pick up the name. Customers will recall your products, services, and brand with the help of an easy business name. Your business name must not have been something that people find too difficult to pronounce. In addition to this, your business name must be informative. Relevant Business Name- Business names that are candid and relevant have more recall value among customers. Remember, the name you will prefer for your business will be your identification, apparently, forever, be it the firm or your product line or services. Keeping it manageable will do your job, but make sure it’s relevant as well. www.aatmnirbharsena.org

20. Showcase your Creativity in Picking Business Name- An entirely unique name may truly pay off nicely as minted names are usually more significant than the existing words. It also attaches to the possibilities of your business becoming more successful. Understand the Competition- The competitor's sound idea will present you with a business plan that can aid you in developing in the market. Thus, naming your businessafter analyzing the competition in the market may help you to stay ahead. It will bridge up a gap inciting customers to choose you over your competitors.  www.aatmnirbharsena.org

21. After Getting your Business Name Ready- In case you are available with a proper name for your papad making business, it’s the perfect time for you to conduct some online research. Initiating with legal compatibility to an approved domain to social media accounts, you must have everything prepared in some form or so.  www.aatmnirbharsena.org

22. Papad Business- Marketing and Branding • You need to have a marketing policy. Firstly, you can think of tapping the local retail market. Retail distribution is one of the most certified means for spreading the materials. Besides this, you can reach to the departmental stores and shopping malls. They are the frequent buyer of papad. Moreover, you can consider selling papad via online mediums like Amazon. • Papad making is a relatively more straightforward business to commence in the food processing segment. You can begin the business with the merest effort and investment.   • If your product is better on qualitative grounds, you don't need to worry much about your product's sale. www.aatmnirbharsena.org

23. Here we have stated some points that you have to evoke while executing the process of creating and implementing the marketing plan. • Try to extend your client base with the help of your recent customers. • If they admire your product, they assist you in selling out more by solely telling others aboutpapad products. While selling your papad product either to a local distributor or retailer, don't forget to ask them to promoteyour product by merely telling people to purchase your papad.  www.aatmnirbharsena.org

24. The Final Words • The two significant factors in Papad making business are recipe and marketing. Usually, the recipe is the first and foremost vital factor that matters the most. You must compose delicious and appetizing Papad on the basis of the taste of your targeted population. Furthermore, you must focus on distribution and sales promotional activities of Papad for the smooth running of Papad making business. Aatmnirbhar Sena would provide thorough assistance for starting Papad making business in India. www.aatmnirbharsena.org

25. Thank You www.aatmnirbharsena.org