Industry Overview
Wood-pressed oils, also known as
cold-pressed oils, are extracted using traditional methods where the raw material is pressed using wooden machinery, preserving the
nutrients and
flavors. These oils are especially popular for culinary and cosmetic uses. With the increasing preference for
organic and traditional food products, wood-pressed oil production is gaining momentum.
Scale and Profitability of Industry
This market is experiencing steady growth due to increasing consumer demand for
healthy and
natural oils. The wood-pressed oil business can scale up quickly, especially by targeting
premium markets that prioritize
traditional and organic production methods.
Subsidy Opportunities
Government schemes like
PMEGP,
MSME, and
National Food Processing Mission support small and medium-scale businesses in setting up
cold-pressed oil mills,
refining units, and promoting
organic certification.
Eligibility Criteria
- MSME registration
- FSSAI certification for food-grade oils
- Facility for cold-pressing and packaging
Project Cost and Subsidy
- Project Cost: ₹30 Lakhs to ₹80 Lakhs
- Subsidy: Up to 40-50% under PMEGP and MSME schemes.
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!
