CURCUMIN & TURMERIC OIL FROM TURMERIC

Turmeric is a spice that comes from the turmeric plant. It is mainly used in Asian food. We all probably know turmeric as the key spice in curry. It has a warm, bitter taste and is frequently used to flavour or colour curry powders, mustards, butters, and cheeses. There is a good domestic and export market of Curcumin. The root of turmeric is also used widely to make various medicines. It contains a yellow-coloured chemical called curcumin, which is often used to color foods and cosmetics. Turmeric  (Curcuma longa) is a native of Asia &  India.  The tuberous  rhizone or underground steam of turmeric are used  from antiquity  as condiments. A dye and as an aromatic stimulants in several medicines. Turmeric is a very important spice in India, which produces nearly the whole world crop & uses 82% of it presently.  It is cultivated in china, Taiwan,  Indonesia,  Sri Lanka,  Australia, Africa, Peru & the West Indies. Turmeric uses dates back nearly 4000 years, to the vodic culture  in  India, when  turmeric  was  the  principal spice  &  also  of  religious significance.  It is very much reversed by hindus &  associated  with fertility.  In todays India’s, turmeric still added to nearly every dish be it meat or vegetables. Turmeric has been used  in Indian systems of medicine for a long time. New entrepreneurs can well venture into this industry. Turmeric is used for arthritis, heartburn (dyspepsia), joint pain, stomach pain, Crohn’s disease and ulcerative colitis, bypass surgery, hemorrhage, diarrhea, intestinal gas, stomach bloating, loss of appetite, jaundice, liver problems, Helicobacter pylori (H. pylori) infection, stomach ulcers, irritable bowel syndrome (IBS), gallbladder disorders, high cholesterol, a skin condition called lichen planus, skin inflammation from radiation treatment, and fatigue. The international curcumin market size was estimated at USD 44,267 thousand in 2016-17 and is projected to register a CAGR of 13.67% over the forecast period. Pharmaceutical is the largest application segment that accounted for over 52% of the global volume owing to an increasing demand for curcumin-based OTC supplements. Demand shall be projected to the increasing use in cosmetics, food and pharma units.

  Each ‘EIRI’ MARKET OVERVIEW CUM DETAILED TECHNO ECONOMIC FEASIBILITY REPORT (Complete Report) tentatively covers
•    Introduction
•    Properties
•    BIS (Bureau of Indian Standard) Specifications & Requirements
•    Uses & Applications
•    Present Indian Market Overview/Position
•    Export & Import Statistics Data
•    Names and Addresses of Existing Units (Present Manufactures)
•    List of Plant & Machineries
•    Miscellaneous Items and Accessories
•    Instruments, Laboratory Equipments and Accessories
•    Electrification, Electric Load and Water
•    Maintenance, Suppliers/Manufacturers of Plant and Machineries
•    Manufacturing Process with Formulations (If applicable)
•    Flow Sheet Diagram
•    List of Raw Materials
•    Availability of Raw Materials
•    Requirement of Staff & Labour
•    Personnel Management
•    Skilled & Unskilled Labour
•    Requirement of Land Area
•    Built up Area
•    Plant Layout
Along with financial details as under:
•    Summary of Capital Cost of Project
•    Land & Side Development Exp.
•    Buildings
•    Plant & Machineries
•    Misc. Fixed Assets
•    Technical Know how Fees & Exp.
•    Preliminary Expenses
•    Pre-operative Expenses
•    Provision for Contingencies
Below mentioned financial statements (Annexure) will be  for 5 to 10 Years
•    Annexure:: Cost of Project and Means of Finance
•    Annexure:: Output, Profitability and Cash Flow Chart
•    Annexure:: Assessment of Working Capital requirements
•    Annexure:: Sources of Finance
•    Annexure:: Balance Sheets
•    Annexure:: Break-Even Analysis and profitability analysis.
•    Annexure:: Quantitative Details-Output/Sales/Stocks
•    Annexure:: Sales Realisation
•    Annexure:: Raw Material Cost
•    Annexure:: Other Raw Material Cost
•    Annexure:: Packing Material Cost
•    Annexure:: Consumables, Store etc.,
•    Annexure:: Employees Expenses
•    Annexure:: Fuel Expenses
•    Annexure:: Power/Electricity Expenses
•    Annexure:: Repairs & Maintenance Exp.
•    Annexure:: Other Mfg. Expenses
•    Annexure:: Administration Expenses
•    Annexure:: Selling Expenses
•    Annexure:: Depreciation Charges – Profitability
•    Annexure:: Depreciation Charges
•    Annexure:: Interest and Repayment – Term Loans
•    Annexure:: Tax on Profit
•    Annexure:: Assumptions for Profitability workings
•    Annexure:: Assessment of Working Capital