Industry Overview The vetiver grass oil manufacturing business focuses on producing vetiver essential oil, which is widely used in the perfume, aromatherapy, and cosmetic industries. Vetiver oil is known for its calming and soothing properties, making it highly sought after in both health and beauty products. As the market for natural fragrances grows, vetiver oil’s popularity is expected to increase. Key Points:

• Vetiver oil is used in fragrances, cosmetics, and health products.
• The increasing consumer demand for natural and organic beauty products provides opportunities in this industry.
• Vetiver grass is a hardy crop, making it suitable for sustainable farming practices.

Scale and Profitability of Industry Vetiver grass oil manufacturing is a profitable industry, particularly when focusing on premium products that can be marketed in the global market. The industry is scalable, and businesses can start small with local processing or scale up to larger operations with international distribution. Subsidy Opportunities

1. PMEGP: Financial assistance for businesses focused on herbal and essential oil production.
2. National Medicinal Plants Board (NMPB): Provides funding for the development of medicinal and aromatic plants.
3. State Government Schemes: Many states offer incentives for the cultivation of vetiver and the production of essential oils.

Eligibility Criteria

1. MSME registration.
2. Investment in the distillation and extraction machinery for producing vetiver oil.
3. A business plan focused on organic farming and the sustainability of the operation.

Project Cost and Subsidy The project cost for a vetiver grass oil manufacturing business can range from ₹5 Lakhs to ₹20 Lakhs, with subsidies covering 30%-50% of the total cost, depending on the location and the specific scheme.

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!