Professional Documents
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Lord's Food
Lord's Food
Lord's Food
Project Report
1
Contents
I. Introduction: ............................................................................................................................. 8
II. Need and importance of the project: ....................................................................... 10
III. Scenario of Frozen Food Industry:............................................................................ 13
IV. Market Analysis ................................................................................................................. 18
V. Opportunity for growth of Plastic Pipe Industry in Private Sector ............ 22
VI. Background of the Promoters: .................................................................................... 29
VII. Production Process: ......................................................................................................... 36
VIII. Marketing and Selling Arrangements: ................................................................. 41
IX. Project Particulars: .......................................................................................................... 41
X. SWOT Analysis: .................................................................................................................. 48
XI. Cost of production and Profitability: ....................................................................... 51
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Applicant Name Lord’s Foods
Date of 08.07.2024
Incorporation
Nature of Activity Manufacturing of Frozen food products
Sector Manufacturing
Constitution Proprietorship firm
Pan No. AQJPS0669J
CIN No. NA
Registered Office 75, Canal Colony Mcleod Road, Amritsar
Address
Project Location 4th Lane, Gatti Industrial Area,
Distt. Kathua, Jammu and Kashmir
About the Firm The firm is proposing,g to set up a
manufacturing facility to manufacture of Frozen
food products.
3
Convenience and Time-Saving: Frozen foods
offer convenience as they require minimal
preparation time, making them popular among
busy consumers and households.
4
quality standards (e.g., FDA, ISO) ensures the
safety and integrity of frozen food products,
fostering consumer trust.
5
has not been claimed under CII or Similar
Schemes
➢ 60% on Pollution Control Devices Max up
to 50 Lakhs if the same has not been
claimed under CII or Similar Scheme
➢ 50% of expenses incurred on expenditure
incurred on Installation of new equipment
of rainwater harvesting, wastewater
recycling, zero discharge processing, solid
waste management
➢ Capital Investment Incentive at the rate of
50% on investment maximum upto
Rs.7.50 cr
➢ Capital Interest subvention at the rate of
6% for maximum 7 years on loan amount
up to Rs.500.00 cr for investment
➢ GSTL incentive equal to 100% of the Gross
GST for 10 years maximum upto 300%
300% of the investment in Plant &
Machinery.
6
Total Estimate Sr.No. Cost Of Project Rs. In
Project Cost Lakhs
1. Cost of Land 48.00
2. Machinery 1500.00
3. Building & Civil Works 200.00
4. Pre-operative expenses 25.00
5. Working Capital 80.00
Total Cost of Project 1853.00
Means of Finance
Sr. No. Particulars Amount
(Rs. In
Lakhs)
1. Term Loan-Machinery 1125.00
2. Working Capital Limit 50.00
3. Own Contribution 678.00
Total 1853.00
Primary Security: Plant and Machinery
Target of The project will start commercial production in
Completion July 2025.
Present Status of Land has already been purchased and the
Project following approvals has been received:
1. CLU
2. Building Plan Sanction
3. Pre-Electricity connection
4. Goods and Service Tax Registration
7
I. Introduction:
9
II. Need and importance of the project:
10
➢ Safety and Quality: Properly frozen and stored foods
are generally safe from contamination and bacterial
growth, which can occur more readily in fresh foods if
not handled correctly. This aspect is crucial for food
safety standards and public health.
11
agriculture, manufacturing, transportation, and retail.
This industry also supports related industries such as
packaging and equipment manufacturing.
12
III. Scenario of Frozen Food Industry:
Global Scenario:
➢ Regional Analysis:
13
• Europe dominates the frozen foods market due to
an increase in demand caused by the COVID-19
pandemic and the region's population growth,
rapid urbanization, and increased customer
awareness of the benefits of frozen food.
Indian Scenario:
14
➢ Market Size:
➢ Market Segmentation:
The Indian frozen food market can be segmented based
on product type and categories:
15
• Categories: Staple Foods, Dairy Products and
Alternatives, Snacks, Cooking Ingredients, and
Meals
➢ Drivers:
➢ Challenges:
➢ Key Players:
• McCain Foods
16
• Nestle India
• Hindustan Unilever Limited (HUL)
• ITC Limited
• Mother Dairy Fruit & Vegetable Pvt. Ltd.
17
IV. Market Analysis
➢ Segmentation:
18
• Frozen Ready Meals: Convenience-driven growth,
including Indian meal options and global cuisines
like pizzas and pasta.
Consumer Trends
19
➢ Packaging Innovations: Use of sustainable packaging
solutions to address environmental concerns and meet
regulatory requirements set by FSSAI (Food Safety and
Standards Authority of India).
20
challenges in distribution, and consumer perceptions
about frozen food quality.
COVID-19 Impact
21
V. Opportunity for growth of Plastic Pipe Industry in Private
Sector
22
➢ Labeling Requirements: Specifies labeling
requirements, including mandatory information such as
ingredients, nutritional information, allergen
declarations, and storage instructions.
23
Make in India Initiative
25
Duration of the policy:
Package of Incentives:
27
➢ Capital Interest subvention at the rate of 6% for
maximum 7 years on loan amount up to Rs.500.00 cr
for investment
➢ GSTL incentive equal to 100% of the Gross GST for 10
years maximum upto 300%.
28
VI. Background of the Promoters:
29
Since 2013 he is running the hospital to shine the basic
healthcare facilities in the form of primary healthcare services
to patients. He is managing the hospital management, hotel
business and pharmaceutical business aims to provide much
higher standard facilities to the society.
30
business, property business ,construction business, hotel
business, hospitality and health care services He is
also Executive board members of Khalsa College,
Amritsar and act as key note speaker in various economy
issues. He is CFO of parent company Soh med care private
limited from last 5 years and Director of Agrimax Dsitillery
Limited, He aims to work in a dynamic environment that
provides a vide spectrum of experience and exposure, to
implement a dynamic and versatile portfolio of skills at work
place and to serve the organization. He has exposure in
Statutory/Internal Auditor of Industrial star Export
Houses in Amritsar, Karnal and Delhi of public limited
companies.
31
commerce graduate and CA intermediate degree holder.
She has an experience of more than 11 years in
management of Punjab State power Corporation ltd.
After that she is a businesswoman and being a partner in
Financial Management Consultancy firm. She has
knowledge about industry towards different fields like
Cost management, product development, marketing
strategy.
society.
32
This is a unique venture in the corporate sector with rare
Over the last seven years company’s revenue growth was 15%
S R BEFORE AMOUN T
EXTRAORDINA
RY ITEMS
-17
-18
-19
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Audited 2019 1865.52 492.86 98.06 216.40
-20
-21
-22
-23
Present Project:
Items to be manufactured:
34
➢ Smileys
➢ Vegan Patties
35
VII. Production Process:
36
➢ Blanching: Some vegetables and fruits undergo
blanching (brief boiling or steam treatment) to
deactivate enzymes that could cause spoilage and to
preserve color, texture, and nutrients.
Freezing Process:
Packaging:
37
(MAP) may be used to extend shelf life by adjusting the
gas composition inside the package.
38
Thawing and Preparation:
Regulatory Compliance:
Key Considerations:
39
➢ Traceability: Implementation of systems to trace raw
materials from farm to fork to enhance transparency
and accountability in the supply chain.
40
VIII. Marketing and Selling Arrangements:
Production Capacity:
The installed capacity will be 7 tons per day. The unit will
work at 40% capacity in the first year and will increase to
50% in the second year and gradually reached to 70% from
6th year onwards.
Working Capital
Contingencies:
42
Means of Finance:
Power requirements:
43
Processing Equipment: Power is also required for various
processing equipment used in frozen food production, such
as conveyors, mixers, blanchers, fryers, ovens, and
packaging machinery. The power demand varies depending
on the type and capacity of the equipment used.
44
Miscellaneous Loads: There are various other miscellaneous
loads such as office equipment, employee facilities, and
ancillary systems that also contribute to the total power
requirement.
Schedule of Implementation:
45
9. Commissioning of Plant and Trial Aug-2025
production
10. Commercial Production Oct-2025
46
Preliminary and pre-operative expenses:
47
X. SWOT Analysis:
Strengths:
Weaknesses:
48
limit adoption of frozen foods perceived as premium
products.
➢ Infrastructure Challenges: Inadequate cold chain
infrastructure in rural areas limits distribution and
availability outside major urban centers.
➢ Seasonal Variability: Dependency on seasonal
fluctuations in demand and supply of raw materials can
affect production and pricing stability.
Opportunities:
49
Threats:
50
XI. Cost of production and Profitability:
➢ The unit will work for 330 days a year on single shifts
basis.
Balance Sheet:
Coverage Ratios:
51
Coverage Rations has been calculated in Annexure.
Assumptions:
52
➢ The instalment of the term loan will start from January
2026.
53