SHRIMP/PRAWN PROCESSING PLANT (50 TONS/DAY)
[CODE NO.4117]
The frozen seafood market size has the potential to grow by USD 31.76 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over year growth. Among the freshwater carp fish species, Rohu, Catla, Mrigal are extremely decision. There fishes are normally told as whole fish in the market. India, with a production of around 10.8 million MT is the second largest fish producer in the world. Processing levels of marine food in India are currently at 23%. The top five states for fisheries production in India are Andhra Pradesh, West Bengal, Gujarat, Karnataka and Kerala with a combined share of around 50% of the total fish production. The global Frozen Seafood Market is expected to register 5.34% CAGR from 2019 to 2024 and reach USD 17.29 billion by the end of 2024.
Shrimp refers to an invertebrate marine animal with an elongated body which is often used as a food product. It is regarded as nutritious since it contains proteins, selenium, antioxidants, phosphorus, magnesium, copper, iron and vitamin B12. Some of the health benefits associated with shrimp consumption include weight loss, fighting aging, improving bone health, decreasing menstrual pain and preventing cardiovascular diseases. In India, fisheries represent a significant economic activity and offer vast growth opportunities. This is due to the country’s varied resources and potentials.
COST ESTIMATION
Plant Capacity 50 Ton/Day
Land & Building (9000 sq.mt.) Rs. 2.49 Cr
Plant & Machinery Rs. 19.85 Cr
Working Capital for 1 Month Rs. 53.51 Cr
Total Capital Investment Rs. 76.65 Cr
Rate of Return 86%
Break Even Point 20%
APPENDIX – A:
01. PLANT ECONOMICS
02. LAND & BUILDING
03. PLANT AND MACHINERY
04. OTHER FIXED ASSESTS
05. FIXED CAPITAL
06. RAW MATERIAL
07. SALARY AND WAGES
08. UTILITIES AND OVERHEADS
09. TOTAL WORKING CAPITAL
10. TOTAL CAPITAL INVESTMENT
11. COST OF PRODUCTION
12. TURN OVER/ANNUM
13. BREAK EVEN POINT
14. RESOURCES FOR FINANCE
15. INSTALMENT PAYABLE IN 5 YEARS
16. DEPRECIATION CHART FOR 5 YEARS
17. PROFIT ANALYSIS FOR 5 YEARS
18. PROJECTED BALANCE SHEET FOR (5 YEARS)
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