COLD STORAGE FOR POTATO AND ONIONS
[CODE NO.3281]
Onion, being high in water content, is a delicate commodity to store and requires special procedure and parameters, giving rise to the concept of Onion cold storage. The proposed project envisions setting up of an onion cold storage unit in Gujarat to tackle the problem of post harvest storage. It will be an essential infrastructure for onion exporters, both in private and public sector. CA Cold storage is used to Onions and Potato. Once they are kept in the cold storage, they do not get spoiled even after many months. Some times, in production season of certain vegetable or fruit crop, the demand for that thing decreases, which in turn decreases they consumption in surplus amount of that particular item is kept in a cold storage. So this item, when needed, can be taken from the cold storage & can be made available to consumers very easily.
Onion is an important vegetable crop grown in India and forms a part of daily diet in almost all households throughout the year. It is also used for medical purpose. But due to non-availability of appropriate post-harvest storage facilities, 20-25% of the total produced onions are wasted, which in terms of value amounts to crores of rupees.
Building up of the cold storage unit would minimize the waste upto the level of 3 to 4% that would in turn help the onion growers, and stabilize onion prices in market for all types of consumers.
A major challenge in India is potato storage as potato production that takes place in the cold months of October-November to February-March (about four-fifths of total production) is followed by hot summer months; this makes refrigeration necessary for storage. 2 Cold storage takes place on a large scale. It is estimated that there were about 3,400 cold storage facilities in the beginning of the 2000s in India (CIP, 2006) but they had increased to 5,386 units in 2008 that could store over eighteen million tons of crops.3 Most of the cold storages in India are used towards potato storage. CIP (2006) estimates that approximately three-fifths of potatoes in cold storages are table potatoes, intended for consumption, while the other two-fifths are used for seed. Using average storage fees from our survey (and assuming 80% of cold storage use by potatoes), it is estimated that about 0.4 billion USD is spent yearly by traders and farmers on storage for these potatoes in India, indicating the considerable size of this business.
Selection of location for the cold storage is a very important task. So, this should be done very carefully. While selecting a location for the cold storage the following factors should be accounted for:-
1. Market and production field should be near the cold storage so that the expenditure incurred in to and for transportation is less and it is convenient also.
2. Cold storage should be near a highway so that the transportation to other cities is not difficult.
3. At the site of the cold storage, the cost of the land should be less.
4. There should be a convenient arrangement of water and electricity at the location, where cold storage is to be established.
COST ESTIMATION
Plant Capacity : 5000 MT Cold Storage
Land & Building (68.80 Sq.Mtr) : Rs. 03.04 Cr
Plant & Machinery : Rs. 2.61 Cr
Working Capital for 1 Month : Rs. 11.92 Lacs
Total Capital Investment : Rs. 5.94 Cr
Rate of Return : 13%
Break Even Point : 69%
• INTRODUCTION
• USES
• B.I.S. SPECIFICATIONS
• MARKET SURVEY
• SELECTION OF LOCATION FOR THE COLD STORAGE
• QUICK COOLING METHODS
• TECHNICAL NOTE
• SELECTION OF THE REFRIGERATION PLANT CAPACITY & MACHINERY
• COMPLETE PLANT SUPPLIERS ON TURNKEY BASIS OF COLD STORAGES (CONTROLLED ATMOSPHERE)
• SUPPLIERS OF PLANT AND MACHINERY FOR COLD STORAGE PLANTS
• LIST OF COLD STORAGES
• SUPPLIERS OF RAW MATERIALS
• LIST OF MACHINERY AND EQUIPMENTS
• SWOT ANALYSIS
APPENDIX – A:
1. COST OF PLANT ECONOMICS
2. LAND & BUILDING
3. PLANT AND MACHINERY
4. FIXED CAPITAL INVESTMENT
5. RAW MATERIAL
6. SALARY AND WAGES
7. UTILITIES AND OVERHEADS
8. TOTAL WORKING CAPITAL
9. COST OF PRODUCTION
10. PROFITABILITY ANALYSIS
11. BREAK EVEN POINT
12. RESOURCES OF FINANCE
13. INTEREST CHART
14. DEPRECIATION CHART
15. CASH FLOW STATEMENT
16. PROJECTED BALANCE SHEET