Industry Overview
Ayurvedic hair oils are an essential part of
traditional Indian medicine, used for promoting
healthy hair growth and treating various scalp issues. Oils such as
Amla,
Bhringraj,
Neem, and
Brahmi are commonly used in Ayurvedic hair oils. With the rising consumer preference for natural and
organic products, there’s a growing demand for
Ayurvedic hair oils.
Scale and Profitability of Industry
The
global Ayurvedic market is witnessing exponential growth, particularly in the
personal care sector. The profitability of Ayurvedic hair oil businesses is high due to increasing demand for
natural hair care products. Scaling the business to cater to
domestic and international markets could yield significant returns.
Subsidy Opportunities
Businesses can apply for
subsidies under the
National Ayush Mission and
PMEGP for
product development,
machinery costs, and
marketing support.
Eligibility Criteria
- MSME registration
- Compliance with Ayush standards for Ayurvedic products
- Proper testing for product quality and safety
Project Cost and Subsidy
- Project Cost: ₹15 Lakhs to ₹50 Lakhs
- Subsidy: Up to 30% under MSME and PMEGP.
To apply for the Food Processing Scheme, the following mandatory documents are required for new enterprises (Individuals/Firms) as outlined in the manual
1. PAN Card of concerned/all promoters.
2.Aadhaar Copy & Photo of all promoters/guarantors.
3. Address Proof: Any of the Officially Valid Documents (OVD) such as:
o Utility bill (not more than two months old) from any service provider (Electricity, telephone, post-paid mobile phone, piped gas, water bill).
o Property or Municipal tax paid receipt.
o Ration Card (Individual).
o Driving Licence
o Aadhaar Card.
o Voter ID Card.
4. Details of the site where the unit is to be established, including whether it is owned/rented/leased, along with proof (Lease/rent agreement should be for more than the loan repayment period).
5. Photocopy of Bank
6. Estimates and Quotation of all capital expenditure and machinery and equipment to be purchased. Statement/Bank Passbook for the last 6 months.
For existing enterprises with a turnover of less than 1 crore, similar documents are required, including PAN Card, Aadhaar, address proof, and site details.
If you need more specific information or additional documents, please let me know!
