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@Gurubasava, how big will be your rice mill? I need to know the size to tell you the startup cost.
Jestin James
Startup Biz Hub - Senior Advisor (Staff)
@satya narayan singh, as far as I know Odisha is a huge market for rice and byproducts of rice. What size is your manufacturing unit? Probably you need more marketing strategies than looking for new market, it is just my guess. Let me know more about your mill to advice you better.
Raghunath Natarajan
Startup Biz Hub - Advisor (Staff)
@Sumeet, it depends with the size of the meal. What will be your per/hr paddy consumption?
@aman chhabra, raw or boiled rice mill? It depends on your buyer market. If you plan to sell it to the local market then go for a survey to find what kind of rice is mostly sold in the market. A raw rice plant will cost you less than the boiled rice mill. Normally 1 acre land is required for a 1 ton/hr plant so you can calculate accordingly.
Jestin James
Startup Biz Hub - Senior Advisor (Staff)
@MONORANJAN DAS, capital for a rice mill depends on the size of the plant. It will cost you about 4-5 crores rupees for a 4 ton/hr boiled rice mill. This includes working capital. There are million factors involved in figuring out the cost of the mill so you need to come with your investment amount first so that I can tell you whether a rice mill is possible in that amount or not.
Jestin James
Startup Biz Hub - Senior Advisor (Staff)
santoshnp@yahoo.com
@manjinder singh, Dear manjinder singh a subsidy for rice mill will be given by state government and also by central government
09458818786 || Rice Milling Consultant
09458818786 || Rice Milling Consultant
09458818786 || Rice Milling Consultant
09458818786 || Rice Milling Consultant
09458818786 || Rice Milling Consultant
09458818786 || Rice Milling Consultant
1. thinking about handling basic risks and how to handle them .
2. how to handle initial stages if there is no profit .
3. how to handle proper and trustworthy labor .
I see many of you writing posts about what investment is needed, what to consider, but the real entrepreneur is one who , also thinks and plans the initial risks and returns and ways to handle them . Some of them here , may be good at advise, but if you question to yourself , how many of you have succeeded following your advice ? how many of you who said you have years of experience , have flourished and could establish their family with their plans and businesses?
Rice Business Consultant
@surya manikanta, now a days rice mill is very big industry, we must manufacture good quality rice for F.C.I or free sales. i am thinking your machinery also old. you can talk to any latest rice mill machinery manufacturer to solve your problem. i am giving some machinery suppliers addresses.
@Raghav, Dear Raghav, i have lot of experience in parboiled rice mill industry. I have done own mill construction also but my good luck is not with me. I am very straight forward , i am not adjusting for wrong ways and corruptions that way unable to do partnerships also. Presently i am happy in good job. Next year I am planning to construct new rice mill in Maharastra Nanded district.