Profitable Agri-Business: Start Moringa Powder Business and Earn Lakhs; Cost Details Inside

The drumstick tree, which is called Moringa Oleifera has been used for centuries due to its different health benefits & medical properties. The drumstick tree is also called by different names such as Miracle tree, the Ben oil tree, the horseradish tree, etc. The drumstick is considered as a superfood vegetable, which is commonly used in South Indian meals.

It consists of a high nutrient due to this; the leaves of the Moringa tree are converted into a powder. Every part of the Moringa tree such as fruits, seeds, leaves, oil is used by our ancestors & this is the reason, why the drumstick tree is well known as a miracle tree.

How to start “Production of Moringa Powder”

• First of all, you have to create a Business plan for the production of Moringa Powder to make great money. The business plan should recognize a creation cost, just as a working cost, including premises, work, gear, sources of info & financing, utilities & money-related projections. The business plan ought to be a living document that changes & develops with the undertaking.

• One of the main points to be covered under the business plan is the big picture information & the unique aspects of the project as well as the strategies to overcome the business & product marketing challenges.

• The business plan is often underrated but it should be a key management tool for the project & it serves as one of the excellent tools for attracting potential investors for lending loans.

Below is the Step by Step Process of Making “Moringa Powder”

• Firstly, the fresh leaves are taken from the Moringa plant.

• The leaves are washed properly in water to remove all dirt & any other particles in a container.

• Then the leaves are drained & dried in a suitable process. There are 3 well-known procedures to dry the leaves and are, mechanical drying, solar drying & room drying.

• The dried leaves are then crushed into a powder, by using a grinding machine or the hammer mill.

• The resultant Moringa powder is done with the sieving & then the powder is dried. Since the Moringa powder attracts moisture, so it is thoroughly dried to prevent moisture.

• The powder is stored in a proper place, which prevents the bacteria.

• It is packed with personal hygiene and the person involved in packing should maintain hygiene & cleanliness. There should be no compromise on the quality of the product.

• The Moringa Powder is packed in polythene bags & sealed or it can be packed in an airtight container. Even Moringa powder is filled in a capsule but is not recommended because the dosage is very less as compared to the normal powder packing.

Legal Formalities of “Moringa Powder Making Business”

• The Moringa powder mill is begun subsequent to picking up the kind of business association. There are various sorts of business associations to be specific of Sole ownership, partnership firm, one Person Company, limited liability corporation (LLP) & company.

• A small-scale business can be started by picking the sole proprietorship because it requires less amount of capital.

• The registration of business is not required in a sole ownership type of business but the trade license is necessary & the business can be expanded depending on capital necessities. The assets can be brought up in a company type of association.

• The incorporation of the organization is finished by the register of companies ROC. The application accompanied with the vital declarations, reports & structures must be sent to the ROC. The ROC will then check all the records & register the company.

• The company registration is mandatory as it prevents obligations & liabilities. The registration of an organization is ought to be done according to the provision of the Companies Act & Rules, 2013.

• For any business, it is extremely compulsory to get a permit to operate from neighborhood specialists & the extra license is likewise required if the powder is produced for the various streams.

• On the Off chance that Moringa oil is made for the related organizations at that point license from the Food Safety & Standard Authority of India FSSAI is required and in the event that oil is produced for the beauty care products & medications, then the license is required according to Cosmetics, Rules & Drugs Act.

Marketing Strategy for Moringa Powder

• The powder, which is obtained from the Moringa leaves, is already established in markets. One must make sure to create a brand for the product & make sure to advertise the product. There are many platforms listed in which the brand can be promoted to increase sales revenue.

• First & Foremost, one should look for the Moringa Powder Buyers before starting a business.

• Promote the brand in social media such as Instagram, WhatsApp, Facebook, Twitter, etc.

• Advertise on radio, televisions, and in the local newspaper to spread the brand widely.

• The mouth talk of clients bears a wide range of customers from the neighboring areas. The quality & quantity of the product matter a lot to attract the customer.

• The pricing strategy plays a key role in marketing and as we know that there are different brands that are available in the market, the price trend can make the people to get attracted to the product.

• Do sponsors events & seminars to promote the event.

• The roadshows at the community areas & the neighboring areas help to reach a wide range of consumers.

Cost to Start Manufacturing “Moringa Powder Business in India”

The standard powder manufacturing business is surely the capital investing business. The start-up capital is required & spent the majority on-premises, licenses, equipment, etc.

The key areas, where the startup capital is invested are listed below with the approximate prices:

• Premises (rented): Rs. 80,000 – Rs. 1, 50, 000

• Registration & taxes: Rs. 1, 00,000 – Rs 1, 50, 000

• Insurance: Rs. 20, 000 – to Rs. 40, 000

• Plant & Equipment (Moringa Powder Grinding Machine): Rs. 3, 00, 000 – Rs. 3, 50, 000

• Operational Costs (Staff salary, Payment of bills, etc.): Rs. 20, 000 – Rs. 30, 000

• Startup inventory (Raw material bottles, etc.): Rs. 2, 00, 000 – Rs. 2, 50, 000

• Marketing & Promotion Expenses: Rs. 30, 000 – Rs. 50, 000