Industry Overview
Sesame oil is made from
sesame seeds and is considered one of the healthiest oils due to its high content of
antioxidants and
unsaturated fatty acids. It is used in
culinary applications,
cosmetic products, and even in
traditional medicine. The growing demand for
natural and
organic oils has fueled the expansion of sesame oil production.
Scale and Profitability of Industry
Sesame oil is a highly profitable product, particularly in the
organic food market and
cosmetic industries.
Cold-pressed sesame oil is in demand due to its
health benefits, and businesses can expand by tapping into both
domestic and
international markets.
Subsidy Opportunities
Financial aid and subsidies are available through
PMEGP,
MSME, and
National Food Processing Scheme to help businesses with
machinery procurement,
refining processes, and
marketing initiatives.
Eligibility Criteria
- MSME registration
- FSSAI certification for edible oils
- Proper plant setup with extraction and refining capabilities
Project Cost and Subsidy
- Project Cost: ₹20 Lakhs to ₹50 Lakhs
Subsidy: Up to
40-50% under
PMEGP,
MSME
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!
