oil business plan in india

How to Start an Oil Mill Business in India: A Step-by-Step Guide

Offer Turnkey Vegetable Oil Production Business Plan (customized factory layout, process design, equipment manufacturing, onsite project installation and commissioning)

Start Successful Edible Oil Mill Business in India

Here is a brief project report of 5ton/day edible oil mill setup in Manipur, India. This project is a small scale complete oil production including oil pressing and oil refining process, designed and built for processing mustard seeds. If you are about to open cooking oil factory or invest in oilseeds milling project, take this project for reference.

Photo Display: 5TPD Vegetable Seed Oil Mill Plant in Manipur, India

Almost each oil production project plan is customized based on each clients' raw material and other requirements such as production output, investment budget, and factory situation, etc. Feel free to contact us! We will do our best to help you on the success of your edible oil business. (Other Project: 10ton/day Soybean and Groundnut Oil Producing Factory in Africa )

Small Scale Oil Production Unit [HOT Sale]

Mini oil mill or small size oil mill are the BEST choice to  start the oil mill business in India . It requires relatively simple business plan and will also be a successful business plan. Here are advantages of mini or small scale oil mill business.

• Requires relative low investment cost since it only needs small factory areas, relatively simple oil processing equipment, less labors and less consumption of energy.
• Suitable for various oil crops to produce high quality edible vegetable oils, including mustard oil, cottonseed oil, soybean oil, palm kernel oil, peanut oil and more.
• Relatively simple oil processing technology is easy to operate and maintenances.
• Ensure high quality oil for its full complete oil manufacturing process.

If you are really interested in start oil mill business in India, please contact us for complete professional information to fulfill your business plan so as to make it success.

Great Potential of Edible Oil Making Business in India

Based on India's demographic dividend and good economic development, demand for commodities, including cooking oil, looks promising as people's living standards continue to rise. Due to low productivity and low planting profits, India's domestic  vegetable oil production  stagnated. In order to meet the continuous growth of demand, the import volume of vegetable oil in India increased by 45% in the past five years, and the import dependence reached 70%. 

Supply and Demand of Vegetable Oil Production in India

Palm oil is India's main import oil, averaging 9 million tons a year, followed by soybean and sunflower oil. If the consumption of vegetable oil in India increases by 4% in the future, it will increase the consumption of oil by 900,000 to 1 million tons per year. Although the Indian government has raised import tariffs on vegetable oils, oil consumption in India is still to be expected due to the limited growth of oil seed production in the country.

Rapeseed oil / mustard oil , soybean oil , cottonseed oil and peanut oil / groundnut oil account for nearly 85% of the total vegetable oil production in India. Actually, India has unique natural conditions for the growth of various oil crops, including cotton, soybean, soybean, peanut, mustard and more. Therefore, starting an oil mill business is one of the best profitable business ideas for vegetable oil production would be profitable. (Related post:  Small Scale Soybean Oil Plant Project Report >>)

Source: NMOOP

Make Your Own Vegetable Oil Production Business Plan - TOP10 Steps

How to make your tailor-made business plan for establishing oil mill plant in India? Before you start an oil extraction or refinery business you need to work out a good customized business plan. Below you will see a plan for oil milling plant that could become your draft to use with some minor necessary changes. (Read more about Mustard Oil Business >> )

• Analyze the Market 

Study the demand for edible oils in various parts of India, as it greatly depends on population and income in this or that region. (Latest Article: Edible Oil Processing Plant )

• Create Business Project Report 

Preparing the project report will be of great help if you want to get finance from banks and other financial institutions ( One Belt One Road Policy Loan ). Such a project report should include technical analysis and financial aspects. Creating the technical part, think about the plant capacity, manufacturing technologies and raw materials you will use and the entire organization of the production process. Present your business objective clearly. Working on the financial aspects, including the fixed cost, your working capital, the expected sales revenue and ROI. 

• Arrange the Finance 

It’s great if you can start the business with your own funds. But if it’s not the case, you’ll need to get funds from the banks or the local venture capital firms. 

• Choose the Location 

Location for your oil mill plant is also important for your success of the oil mill business. Turn to experts for consultation as it is not wise to invest in a business in the wrong place. Oil mills don’t need much space. An average unit will need about 1000 sq meters, half of which could be used as a production area, and the other half can be used for packaging, storing and office work. If you have a factory land that is enough for establish your oil mil plant, which would be great. But, if not, it is also a good idea to start your business in a rented place in some industrial zone.

• Decide Oil Production Process 

There are many oil production technology available today to maximize the oil out for various oil seeds. If the oilseeds with high oil content, mechanical pressing will allow you to extract about 85% of the oil. To extract the most of it, use solvent extraction method for oil cake residual. Consult your machinery manufacturing or supplying company to understand how to build the extraction process correctly, they often will offer you complete oil production process that fits your demands mostly.

• Get Oil Mill Processing Machinery

Machinery is the main requirement in this business. There are lots of companies in the world that supply oil extraction machinery . Make your own research, read the reviews and choose the most reliable one. Contact their specialists to learn what types of machines you will need and how to use them.

• Install the Machinery and Establish Your Oil Mill Plant

When all the required oil processing machinery is purchased, it is time to install them and complete the oil mill plant. Usually, the oil mill machinery supplier will be in charge of the installation and commissioning of the equipment, but the electricity, water and other utilities should be prepared by you.

• Find Raw Materials

Make sure you find the regular source of the raw materials you are going to choose for your business, as well as the packaging (glass or plastic bottles, poly pouch). 

• Register Your Business 

Business registration is obligatory for this type of business. After you finish your registration, you are allowed to get the trade license, as well as Business PAN Card. At this point, you should open a bank account for the necessary transactions.  

• Hire Workers

Oil production requires workers for working with the machinery as well and distributing the product itself. You will need to hire at least such positions as a production head, an accountant, machine operators, store workers. 

If you dream to build a business in India that can earn long-term revenue, then starting oil mill plant is the best choice for you. It has a reduced entry, requires low investment cost, easy to operate and has large profits.

• Oilseeds Pretreatment
• Oil Extraction Plant
• Oil Refinery Plant
• Low Temperature Extraction
• Oil Filling Machines

• 100 TPD Fully Automatic Sunflower Oil Factory Setup in Kazakhstan
• Soybean Oil Extraction Plant Project Report and Business Plan
• 20TPD Coconut Oil Refining Factory in the Philippines
• 5TPD Small Scale Plant of Soyabean Oil Refinery in Ghana
• Small Scale Soybean Oil Mill Plant Exported to Ghana

• Login/Register

@2022 - All Right Reserved. Designed and Developed by  PenciDesign

How to Start an Oil Mill Business in India?

Oil holds a fundamental place in people’s daily lives, with an increasing demand for a variety of oils. Presently, the extraction of oil from seeds has gained considerable traction in the country. India boasts unique natural conditions ideal for cultivating a range of oil crops, including mustard, soybean, cotton, peanuts, among others. Starting an oil mill business is an attractive entrepreneurial concept due to the profitability of vegetable oil production. In this blog, we shall explain how to start an oil mill business in India.

Understanding the Oil Mill Business

Before going into the details of how to start an oil mill business in India, let us first understand the basics of oil mill business. Engaging in the oil mill business entails the grinding of seeds to extract oil, subsequently packaging and distributing it in bottles. Nevertheless, aspiring entrepreneurs must carefully deliberate on several aspects before delving into this venture. 

This includes making a thoughtful choice regarding the kind of oil mill they aim to establish. In India, cooking oils manifest in diverse forms like refined oil, mustard oil, sesame oil, olive oil, and others. Moreover, entrepreneurs possess the flexibility to kickstart their oil mill business at varying scales, be it small, medium, or large.

Small Scale Oil Mill Industry

In the small-scale oil extracting mill industry, the daily extraction of oil typically ranges from 5 to 10 metric tons. This scale of operation is suitable for individuals or entrepreneurs who are starting with limited resources and production capacity.

Medium Scale Oil Mill Industry

The medium-scale oil extraction mill industry involves the extraction of 10 to 50 metric tons of oil daily. This scale of operation offers a balance between small-scale and large-scale production and is suitable for entrepreneurs with moderate resources and production capabilities.

Large Scale Oil Mill Industry

In the large-scale oil extracting mill industry, more than 50 metric tons of oil are extracted daily. This scale of operation is suitable for established businesses with significant resources and extensive production capacities. Large-scale oil mills cater to high-demand markets and require substantial investments in machinery and infrastructure.

By understanding these different scales of operation and the variety of oils available for production, entrepreneurs can make informed decisions on how to start an oil mill business in India and tailor their venture to their specific goals and resources.

Steps on How to Start an Oil Mill Business in India

Learning how to start an oil mill business in India involves several steps to ensure a successful and sustainable venture. The major steps to follow to start an oil business in India are:

1. Analyse the Market

• Conduct market research to understand the demand for edible oils in various regions of India.
• Consider factors such as income levels, population, and regional preferences for edible oils.

2. Create a Business Project Report

• Prepare a comprehensive business project report that includes financial and technical analyses.
• Include details on manufacturing technologies, plant capacity, raw materials, and the production process.
• Clearly define business objectives and focus on financial aspects, including working capital, fixed costs, expected sales revenue, and return on investment.

3. Arrange Financing

If you don’t have sufficient self-owned funds, explore options to obtain financing from banks or local venture capital firms to start your oil mill business. This marks an important milestone in the process of learning how to start an oil mill business in India.

4. Choose a Suitable Location

Select an appropriate location for your oil mill business, considering factors like accessibility, infrastructure, and proximity to raw material sources. Oil mills typically do not require extensive space. Yet, this choice must be made after taking into consideration all relevant factors.

5. Decide on Oil Production Process

Choose the most suitable oil production technology based on the oil content of the seeds you’ll be processing. Mechanical pressing is suitable for seeds with high oil content, while solvent extraction may be necessary for oil cake residual. This must be carefully thought through when undergoing the process of how to start an oil mill business in India.

6. Procure and Install Machinery and Establish Oil Mill Plant *

• Research and select a reliable supplier for oil extraction machinery.
• Purchase the necessary machinery to set up your oil mill processing plant.
• Once you’ve acquired the machinery, install it and set up your oil mill plant. You may need assistance from the machinery supplier for installation.

7. Register Your Business

• Comply with legal requirements by registering your oil mill business. Obtain the necessary licences and permits, including a trade licence and a PAN Card.
• Open a dedicated bank account for business transactions.

8. Hire Workers

• Employ skilled workers to operate the machinery and manage the production process.
• Hire personnel for distribution and other operational tasks to ensure smooth business operations.

By following these steps, you can concretely learn how to start an oil mill business in India and lay a strong foundation for your oil mill business in India to increase your chances of long-term success in the competitive edible oil industry.

Certification and Licences For Starting an Oil Mill Business in India

After successfully learning how to start an oil mill business in India, securing essential licences and certifications is also a vital prerequisite. This is imperative as the sale of oil in the market is permissible only after obtaining the necessary licences and certifications for the business.

In India, two crucial types of licences pertaining to food items are mandated and must be acquired by oil mill businesses. The first is issued by the Bureau of Indian Standards , ensuring compliance with specific standards. The second is granted by the Food Safety and Standards Authority of India or FSSAI registration or FSSAI licence , assuring adherence to food safety regulations. Additionally, it’s essential to obtain other requisite licences from the respective state government where the oil mill business is established. These licences encompass various aspects essential for conducting a legal and compliant operation.

Final Thoughts

The oil mill business in India presents a profitable opportunity driven by the growing demand for edible oils. With India’s favorable agricultural conditions, entrepreneurs can tap into various oilseed sources. By learning how to start an oil mill business in India right from market analysis to obtaining licences, entrepreneurs can ensure a strong foundation for success.

Also, compliance with BIS and FSSAI standards is imperative for legality and safety of the business in India. As India’s edible oil demand continues to rise, a well-executed oil mill business not only offers profitability but also contributes to food security and economic growth. By adhering to industry best practices and maintaining a commitment to quality, entrepreneurs can establish a thriving presence in this vital sector.

Aishwarya Agrawal

Ms. Aishwarya Agrawal is a graduate from Hidayatuallah National Law University, Raipur [HNLU Raipur]. Aishwarya holds a great interest in adding value to the legal fin-tech sector. She joined "StartupFino" with a motive to help budding lawyers in their day-to-day journey in the field of Law.

Top 5 Reasons for Merger and Acquisition- Benefits of M&A

The objectives of cooperative society, related posts, how to register a business in india, step-by-step guide: launching your business with a budget..., exploring niche markets and opportunities for budget-friendly startups, budget-friendly franchise opportunities under 5 lakhs, from idea to execution: building a business from..., 5 profitable business ideas you can start with..., smart business ideas you can start with 5..., what are the requirements to convert a private..., build a brand from scratch in 2024, is it necessary to register a sole proprietorship..., leave a comment cancel reply.

Save my name, email, and website in this browser for the next time I comment.

Startupfino is one and only platform in India which is exclusively formed to support startups for their financial and legal matters. Startupfino is working in the ecosystem since a decade and is well equipped to handle the complexities in a startup faced by founders.    View More…

LetsGoLegal Advisory Private Limited

Quick Links

• Business Incorporation
• IPR & Trademark
• Accounting & Compliance

Learning Section

Mobile:    829-829-1011 Mail:        [email protected]

Head Office

22, 2nd Floor Vaishali, Pitampura, Delhi 110034 

Gurgaon Office

880, Udhyog Vihar Phase-V, Gurugram, Haryana

Bangalore Office

Indiqube Sigma 3B 4th Floor Wing A2,7th C Main 3rd Block Koramangala Bangalore-560034

Faridabad Office

59/9, Faridabad, Haryana, 121006

© startupfino, 2024

📞 Call to Expert

Keep me signed in until I sign out

Forgot your password?

A new password will be emailed to you.

Have received a new password? Login here

WhatsApp us

Oil Mill Business: How to Start in 10 Steps with Business Plan

Cooking oil is the most important household item anywhere in the world. As the health awareness among people is increasing day by day the demand for edible oil is also increasing. Thus, making oil mill business a profitable one to start.

Moreover, market research shows cooking oil business is expected to grow at CAGR of 5.14% (2020-2025) making it a highly demanding one.

If you are a farmer and have your own land then starting a small scale oil mill business is a profitable one.

Because you can grow a variety of seeds in your land without worrying about buying the raw materials.

Normally, edible oils can be extracted from various seeds such as sunflower, mustard, canola, peanut, soybean, cottonseed, rapeseed, and sesame seeds.

While most of them were used for cooking purposes some of them were also used in soap making , pharmaceutical products, and the cosmetics industry.

Surprisingly, some vegetable oils once recycled can even be used to power diesel engines !

Taking into account the market demand and variety of uses you can start a small scale oil mill business.

Here are the 10 simple steps to start an Oil Mill Business

Step 1. Creating a Business Plan

If you are planning to start a small scale oil mill, then you need to have a well-documented business plan. Because edible oil industry is a highly competitive sector and it is increasing day by day.

With proper business planning, you will have better chances of making success in this business.

While creating a business plan you need to include details about oil mill location, machinery, number of workers, investment, raw materials, marketing, supply, and transportation.

Once you do in-depth research on above mentioned things, you will get an overall idea on how to start this business.

Step 2. Selecting Raw Material Source

Oilseeds can be obtained in two ways. One way, You can buy the seeds directly from a supplier such as Indiamart or you can directly get them from your own farm.

Growing oil seeds on your own land has several advantages, you can grow a variety of seeds like sunflower, mustard, sesame, soybean, peanuts, and rapeseed.

Plus, you can export to the market for the desired price. But the only problem is, it takes time and money to go this way.

if you are not worried about time and money then cultivating your own seeds is the best practice.

Whether you choose to obtain the raw materials from your own farm or else from a supplier always look for the best quality seeds.

Purchasing low-quality seeds would impact your edible oil production and even creates an unpleasant taste to customers.

Step 3. Deciding a suitable Location for setting up Oil Mill

Oil mil location plays a very important role in this business. There are two things to consider before setting up the plant.

Your oil mill should be located nearby the farms that grow plants for oil extraction. Suppose, if you choose to produce sunflower oil then choose a location around sunflower plantation. So that you can easily arrange transportation at low cost.

The size of the land is not a big deal for setting up an oil mill. An area of 1000 sq yard is good enough for a small scale oil extraction unit with a production capacity of 5 to 10 metric tons every day.

In which, half of the place can be used for production purposes while the other half can be used for small office room, packing and storing raw materials.

Step 4. Obtaining Funds for your Business

Besides your own money, you need a good amount of cash to start a cooking oil business . Initially, we may not have all the money to start this business. In such cases you can approach banks or investors.

For obtaining a loan from banks, you need to submit a detailed project report about your oil mill business, in this report, you will explain things like the scope of your business, raw materials, machinery, number of workers, location details of the oil mill, and estimated operating costs of the business.

If your project report looks promising to the banks or investors you will have better chances of getting funds within no time.

Step 5. Purchasing Oil Machinery

There are different kinds of oil machinery equipment used for extracting oil from seeds. They were available in two types commercial scale and industrial scale.

An industrial scale oil mill machinery needs consists an oil press, heating machine, refining machine, filtration unit, and packing machine.

Basing upon your production capacity and business need you need to decide which equipment is suitable for your oil mill.

If you are starting a small scale groundnut oil mill with a 5-ton production capacity, then you need the following machinery

steam Boiler, seed decorticator, expeller, filter press, and a screw conveyor.

The price of a small scale oil mill setup ranges from INR 1.80 lakhs to 8 lakhs per unit.

While purchasing the machinery you need to consider things like built quality, price, usage, horsepower, production capacity, and mode of operation.

Step 6. Installation of Machinery and Resources for Running Oil Mill

Once you have purchased all the machinery from supplier you need to install the machinery at your manufacturing plant.

Normally the supplier itself would send a person to install the machinery at your plant.

But before the installation process is done you need to make sure your plant has proper electricity and water supply .

Because oil processing machines require a lot of water and power for extraction process.

In addition to that, make sure your unit has a proper sewage system for expelling waste material.

Once your machinery is installed a dry run would be carried out to make sure all the machines are working properly or not.

Usually, a dry run will be carried out 2-3 times before starting a full-scale oil extraction.

Step 7. Planning and Optimizing Oil Extraction Process

The are several stages involved in oil extraction. Depending upon the variety of seed you are using the extraction process varies.

Some seeds have complex extraction processes such as sunflower, cotton, and rapeseed. While seeds like peanuts and mustards are far easy to process.

The more complex and time taking the extraction process, the more amount of power and resources are required to run the plant.

However, remember that some seeds such as castor and cotton even though take a lot of time and resources for extraction. They provided a good return on investments.

Because, the byproduct of these oilseeds, which is called oil cake , have good demand in agriculture as manure and cattle feed .

In every batch, a certain portion of the oil gets wasted during the extraction process and this oil cannot be used for cooking. In such cases, implement oil recycling techniques to efficiently minimize wastage.

Step 8. Hiring Workers

The good thing about starting a oil mill business is, it requires very few workers to operate the plant.

A small scale unit requires just 3-4 workers to run the plant. Of which one person should be a technician who should be in charge of maintenance and proper running of the machinery.

While, one person should take care of marketing and distribution. keep in mind, in order to achieve success in oil mill business you need to extensively work on marketing. Hence you need to appoint a dedicated person for this.

Step 9. Getting Licenses and Registering your Oil mill Business

You need to have certain licenses and registrations to run your oil mill business. These licenses depend upon the product you manufacture and the location of your manufacturing plant.

For edible oil manufacturing In India, it is mandatory to have FSSAI license . This license is compulsory for those who do the food business.

So, before you start the manufacturing process go through the FSSAI Standards and check guidelines for your cooking oil business.

In addition to that, FSSAI recently announced regulations on packing and labelling of food products. So be sure to check these guidelines also.

Next, you need a business registration . Here you can decide to register as a private company or LLP or a Sole proprietorship.

Apart from all these, you need a GST number for your business. Once you submit appropriate documents you will get the GSTIN number within 2-3 working days.

Step 10. Creating a Marketing Plan for Your Business

One of the most important steps in the cooking oil business is to have a marketing plan. No matter how good the quality of your oil is, without a proper marketing strategy, it is really difficult to make profits in oil mill business

Marketing of edible oil mainly depends on things like cost of the product, buying capacity of a region, demand for the product.

In addition to that, branded labeling and packing also play a very important role in the marketing of edible oils.

The use of high-quality pictures or graphics for labeling oil packets and cans brings a commercial look to your product and attracts more customers. At the same time, proper packing prevents oil from leaking.

You also need to utilize all possible marketing channels to sell your products like giving Ads in Newspapers, TV Channels, using social media platforms, and tie-ups with local shops, supermarkets, and restaurants.

Profits for oil mill depends on number of sales done in a period of time and total increase in customers from starting of the business.

Edible oils are consumed throughout the year. However, during festive seasons and marriages, the demand will be much higher. If you can utilize this time you can earn a good profit from your oil mill.

FAQ’s on Cooking oil business

Demand for edible oil is constantly growing in India making it one of the profitbale business to start. Reasons such as, Growing health concerns and increased purchasing capacity of people has led to growth of cooking oil business in recent years. If you can produce best quality oil and do well in marketing you can earn profits in this business.

Palm oil, Canola oil, and Soyabean are some of the cheapest edible oils. These plants are easier to grow and require less water. In addition to that, they grow throughout the year making them one of the cheapest and affordable plants for extracting edible oil.

Canola oil and peanut oil are widely used by restaurants because both of them can withstand high frying temperatures of 350-400 degrees Fahrenheit. However, most restaurants prefer using canola oil over peanut oil because it is cheaper and doesn’t have allergic nature as peanuts

To start a small-scale edible oil mill with a 5-ton production capacity requires 6 Lakhs INR. The cost break down includes a 20 Horsepower motor of 50,000 rupees, Oil Machinery – 2 lakh rupees, Labour wages – 1.5 lakh per year, Current and Water supply – 30,000 rupees, Packing material – 10,000 rupees and Business registration and licenses  – 5000/-, Building rent and maintenance 1 Lakh. Overall, It costs around 6 lakhs to start a small scale oil mill.

You can get a subsidy for oil mill business under MSME for machinery and other resources. At the same time Scheme for Technology Upgradation/ Establishment/ Modernization for Food Processing Industries provides assistance for upgrading machinery and storing oil seeds.

6 thoughts on “Oil Mill Business: How to Start in 10 Steps with Business Plan”

You’re so awesome! I don’t believe I have read a single thing like that before. So great to find someone with some original thoughts on this topic. Really.. thank you for starting this up. This website is something that is needed on the internet, someone with a little originality!

Am interested in the small oil mill plant equipment, comprising ; Seed sheller,Cleaning Machine,Cooker,Oil Refinery Unit,Oil Press Machine,Screw Elevator (conveying)

by the way how much would such a set of equipment cost in USDollars or Chinese Yuan ?

Hello Kenneth the machinery set-up you mentioned would cost approx. $25000 to $30000.

SUNTECH fabric roll cutting machine is used to measure and cut fabric. This machine is an essential part of the garment industry, as they help to ensure that garments are made to the correct size and shape.

Gratitude for sharing this captivating topic with us. We extend our sincere thanks and will certainly pass along this enriching information to our extended network of friends and family. As leading exporters from India, we specialize in delivering premium-quality Basmati rice and an array of diverse products, including onions, grapes, ghee, eggs, wood-pressed oil, garlic, green chili, fruits, vegetables, and more.

For further details and inquiries, feel free to connect with us: Website: Yeshasvi Exporters Contact: +91 8951262121

Explore our offerings through these convenient links:

Basmati Rice Onions Grapes Chickpeas Potato Banana Green Chili

We look forward to serving you with the finest quality products and fostering a long-lasting connection. Thank you for considering Yeshasvi Exporters as your trusted source for premium Indian exports.

Leave a Comment Cancel reply

Save my name, email, and website in this browser for the next time I comment.

Chat With Us

Schedule A Call Back

Our Experts are ready to assist you, Let's Connect with Us By submit your enquiry.

Welcome to Corpseed. Please type your query, and we shall provide immediate assistance.

Didn't receive code? Resend OTP

Your Enquiry has been received !!

Our legal advisor will contact you shortly.., how to start an oil and petrochemical manufacturing business in india.

• Introduction: Oil And Petrochemical Manufacturing

Thinking of doing an oil and petrochemical manufacturing business in India but don’t know where to start? Well, you’re not alone in the race. As India is the third-largest consumer of oil in the world, aside from the fact that oil also comes under its economy’s eight core sectors, having a petrochemical manufacturing business seems a very lucrative idea. And, with the rising demand for oil & petrochemical products day by day, anyone can say that it holds a very promising future as a business venture. But as profitable as it seems, we can’t deny that starting it in India demands a lot of careful planning and research on your part, just like any other business. 

Table of Contents

Significance of Oil and Petrochemical Manufacturing Business In India

Key steps to start an oil and petrochemical manufacturing business in india.

--------------Blog Contact Form-------------

Reading this article will help you understand the significance of the oil and petrochemical business in India and the strategies that you can surely consider to establish one. 

Read Our Blog: How To Start Petroleum Oil Refinery In India

• Ensure an Adequate Supply of Energy

Just imagine what would happen if India failed to ensure enough energy supply for its people and industries. Well, the damage would be unthinkable. Fortunately, such situations have never become a reality for us and the credit for that goes to the oil and petrochemical industries, which fulfill a major portion of the country’s energy requirements. 

• Provide Employment

Irrespective of whether you’re a skilled worker or an unskilled one, you’ll always find job opportunities in the petrochemical industry. Even today when the economic situation around the world is in chaos due to covid and recession, we find millions of people working in this industry, making it a major source of direct and indirect employment.

• Crucial For Overall Industry Growth

There are an end number of businesses that are highly dependent on the oil and petrochemical manufacturing industry for their day-to-day operations as it provides them with their raw materials, including chemicals, plastics, fertilizers, etc.

• Generate Massive Revenue For the Government

When it comes to the revenue of the Indian government, the oil and petrochemical industry works as a “never-ending treasure” because of the taxes it pays, which include excise duty, GST, customs duty, and many more.

• Build Infrastructure

No one can deny the part oil and petrochemical manufacturing businesses play in the development of infrastructure in India. From building storage facilities, pipelines to the transportation infrastructure, the industry heavily invests in the growth of the country’s economy.

• Do A Comprehensive Research on The Market

Not only the oil and petrochemical business, but any other business category requires proper research on the market, such as what the present situation is or what the possibilities are for the near future. Therefore, the first task you need to take care of is to analyze the demand for your products out there in the market and the competition you may face. Here, you can gather information regarding recent market trends, find the potential customer base, and accordingly devise a “tough to track” pricing strategy for your products. 

• Pick a Business Niche Out of the Oil and Petrochemical Industry

It wouldn’t be wrong to say that dealing in all the oil and petroleum products is not only risky but also quite next to impossible as their list is quite long. Therefore, you have to select a particular business niche that matches your expertise and resources. For instance, a Greenfield project is something where you can begin everything from scratch or can easily acquire an already existing facility to save both effort & time. Here, the option to get into a partnership with a business that’s doing the same thing & planning to scale its reach would also be quite viable. 

• Look for the Ways To Get Funding For Your Business

Starting an oil and petrochemical manufacturing requires massive investment on your part, therefore, you better find funds to run its everyday operations effectively. If your business strategy is solid, any investor would be happy to back your business and fund it or you can also go to banks & financial institutions to get loans. Fortunately, the Indian government also provides a number of subsidies and grants to people who’re in the initial phase of their business and require financial support. 

• Apply for the Required License and Permits

At the same time, don’t forget to go over the regulatory compliance requirements that you must follow while doing an oil and petrochemical business in India. You’d be required to apply for many licenses and permits. The best you can do at first is to get your business registered with the Registrar of Companies and obtain a TAN (Tax Account Number) and PAN (Permanent Account Number). The government also requires you to get other regulatory approvals as well, including environmental clearances.

• Build Infrastructure and Gather Workforce

Now that you get the required funding and business licenses & permits, the next turn is the working infrastructure that you have to develop for your business. These can be in the form of manufacturing setup, state-of-the-art equipment & machinery, or storage facilities.  You also need to gather a team of both skilled & unskilled workers and train them so that they can effectively do their work and give high productivity  using the machinery.  

• Develop a Marketing Strategy

It doesn’t matter what you make if you fail to sell it and that’s why developing a marketing plan, especially when the industry is oil & petrochemical, is quite crucial as the competition level you find there may be cutthroat. Analyzing the recent market trends can be a good start here. You can identify the customer base to target and then make them aware of your products through strong promotions & advertisements. To extend your reach and customer base, you can also think about strategies for building a strong distribution network. 

With this article, we have tried our best to include all the necessary points that you can consider while starting an oil and petrochemical manufacturing business in the country of India. In case you still have any queries or need more information regarding the oil and petrochemical industry, the best option is to refer to the website of Corpseed and get it sorted.

This portion of the site is for informational purposes only. The content is not legal advice. The statements and opinions are the expression of author, not corpseed, and have not been evaluated by corpseed for accuracy, completeness, or changes in the law.

BOOK A FREE CONSULTATION

Get help from an experienced legal adviser. Schedule your consultation at a time that works for you and it's absolutely FREE.

Shamshad Alam

Latest articles.

Thank you for your vote! Would you have any suggestions for improvements?

Thanks so much for sharing your experience with us , we hope to see you again soon. .

• Feeds Login
• English हिंदी मराठी ਪੰਜਾਬੀ தமிழ் മലയാളം বাংলা ಕನ್ನಡ ଓଡିଆ অসমীয়া ગુજરાતી తెలుగు
• MFOI Awards
• Weather News
• Profitable Business Ideas
• Latest Jobs
• More Topics

• Health & Lifestyle
• Success Stories
• Agriculture World
• Industry News
• Product Launches
• Commodity News
• Farm Mechanization
• Animal Husbandry
• Photo Gallery
• FTB Stories
• Agriculture Dictionary
• Web Stories

Subscribe to our print & digital magazines now

We're social. Connect with us on:

• Crop Calendar
• Subsidies from Government

Profitable Agri Business Ideas in India: How to Start an Oil Mill Business

These days oil is used extensively by people, due to which demand for different types of oils is increasing day by day. At present, the business of extracting oil from seeds is becoming very popular and successful in our country. If you want you can start this business and earn huge profit from it. This business will be more profitable if you are a farmer and if you grow different types of seeds of mustard, sunflower etc in your own field.

Oil is used extensively by people, due to which demand for different types of oils is increasing day by day. At present, the business of extracting oil from seeds is becoming very popular and successful in our country. If you want you can start this business and earn huge profit from it. This business will be more profitable if you are a farmer and if you grow different types of seeds like mustard, sunflower etc in your own field.  

In an oil mill, you grind the seeds and extract oil from them and then the oil is packed and sold in bottles. But, before starting a mill, you have to buy many types of machines and decide which oil mill you want to start, such as mustard oil, olive oil, sesame oil etc.  

Types of oil 

In India many types of oils are used for cooking and they are :   

Mustard oil.

Refined oil.

Sesame oil.

So, you have many options to open several types of oil mills.  

Oil Mill Business 

You can start this business in small scale, medium scale industry and large scale industry.  

Small scale industry  - 5 to 10 metric tons of oil is extracted every day in oil extracting mills.

Medium scale industry: 10 to 50 metric tons of oil is extracted every day in oil extracting mills.

Large scale industry: More than 50 metric tons of oil is extracted every day in oil extracting mills.

Desi Business Idea: Earn Money by Starting Your Own Mustard Oil Business

The demand for mustard oil is never ending and that is why starting a mustard oil mill business is a…

How much it costs to open a mustard oil mill?  

15KW/20 HP motor - Rs 40,000.

Oil extraction machine - 1 lakh rupees.

Empty tins and bottles - 10000 rupees.

Power connection ( 3 phase ) - 20,000 rupees.

It will cost you 2 lakhs to open an oil mill which will include labour wages.  

Raw material for oil mill   

You can get seeds by planting your own plants such as mustard, sunflower etc. However, it may take some time for you to grow the seeds by yourself. 

You can also buy that seed from the shopkeeper selling the seeds or from any farmers.

Empty tins and bottles.

Machinery for oil mill  

You can extract oil from the seeds after several processes and different machines are used during each process which are :  

Screw expeller.

Cooker and filter press with plunger pump and filter cloth.

Storage tank for oil.

Weighing scale ( Electronic ).

Sealing machine.

Box stamping.

At the same time, you can use a fully automatic machine to do your oil extraction business, or you can also extract oil through a semi-automatic machine.  

How you can buy these Machines   

You can buy by going to Seller or you can buy online by clicking on the link below. The prices of these machines are determined according to their quality.  

https://dir.indiamart.com/impcat/oil-extraction-machine.html  

https://www.alibaba.com/showroom/oil-extraction-machine.html  

https://www.tradeindia.com/

Licenses And Certification  

You need many types of licenses and certification before starting this business because you can sell your oil in the market only after getting the license and certification.

There are two types of licenses related to food items are given by the Government of India. One license is given by Bureau of Indian Standards and the other license is given by FSSAI. Other than this, the state where you are starting this business, you may have to get many types of licenses from the government of that state.  

Oil extraction process  

Oil extraction is done in several stages and with the help of machine you can extract oil from any seeds.  

1) Seed selection 

The seed must be perfect from which you want to extract the oil. If they are you own cultivate seeds then look before placing them into machine that they are not broken.

If you are buying seeds from market or farmer, make sure that seeds are not broken, nor dry, and select only those seeds which are of good quality.

2) Pre-cleaning and Decortications 

Whenever you harvest seeds from plants, many types of small pebbles, soil , dust and other small things are also found in the seeds. It is necessary to do pre-cleaning because soil and small pebbles will be crushed with seeds, which will deteriorate the quality of oil. Therefore, before extracting oil from seeds, you have to remove these types of things.

After removing stones and soil, you have to also remove the straw present in the seeds.

You can get these seeds cleaned by hand or you can also clean them with the help of a machine.

3)  Conditioning of the seeds  

This step is important because conditioning the seeds removes more oil and in this process seeds are put inside the rollers. The seed cells absorb the oil due to passing through the rollers and micro oil droplets are united in them, due to which the oil can be extracted from the seeds easily and fast.  

4) Heating  

To eliminate the various bacteria you have to heat the seed. Keep in mind that each seed requires different moisture conditions and temperatures. 

5) Oil extraction  

You have now put seeds into the machine and they are grinded by the machine. The oil that comes out of it during grinding, is collected in storage tank.

6) Filtration 

Some residues are still in the extracted oil. So, after the oil is removed, it is sieved so that it can be completely cleaned. Even after cleaning the oil, many types of chemical substances are present in it, which are cleaned within the chemical process.  

Before starting the oil mill, you must get the mill insured...

Show your support to Agri-Journalism

Dear patron, thank you for being our reader. Readers like you are an inspiration for us to move Agri Journalism forward. We need your support to keep delivering quality Agri Journalism and reach the farmers and people in every corner of rural India. Every contribution is valuable for our future.

Related Topics

Download Krishi Jagran Mobile App for more updates on the Latest Agriculture News , Agriculture Quiz , Crop Calendar , Jobs in Agriculture , and more.

Related Articles

• 7 Profitable Business Ideas to Start this Diwali with Low Investment
• Cash Crop Business: High-Profit Cash Crops
• Rainbow Trout Farming in India, Know Business Plan
• Which Livestock is Most Profitable?
• Ashwagandha Farming Business Transforms Lives of Indian Farmers

Join our WhatsApp Channel and get the most important updates you need. Daily.

Top Stories

ICAR-CARI Announces Entrepreneurship Development Program in Poultry Farming

IIT Mandi Researchers Develop Smart Biodegradable Microgels for Sustainable Agriculture

Airbots Aerospace Achieves DGCA Type Certification for Surya Shakti 15L Drone: A Milestone Towards Agricultural Empowerment in India

NABARD-BIRD Institute Invites Applications for Research Officer Position

Drone Destination Announces Mega Pan India Expansion with #EverythingDrones

Subscribe to our Newsletter. You choose the topics of your interest and we'll send you handpicked news and latest updates based on your choice.

Latest feeds

C-camp joins blockchain for impact, biome virtual network program to accelerate transformative healthcare solutions through biomedical innovation, ecozen raises usd 30 million to expand climate-smart technology solutions, govt announces election of 11 members veterinary council of india, bpsc agriculture department answer key 2024 released, know how to check here, how safe is your baby food the truth behind it, the potential of orphan crops: enhancing agricultural diversity and food security, scotland adjusts climate goals, net zero by 2045 still in sight, daily digestive health: top foods for easy bowel movement, wto members seek path forward after inconclusive agriculture negotiations at mc13.

• Latest News

Kanakkupillai Learn – India's Top Business Consulting Company

• +91 7305345345
• [email protected]
• Over 35,146 Startups and MSMEs Assisted
• Rated 4.8 out of 5 on Google Reviews
• 99.9% Satisfaction Guarantee

How to Start an Oil Mill Business in India – Startup Business Ideas

• Post author: Sachin Jaiswal
• Post published: March 13, 2024
• Post category: Business Tips

The oil mill business in India is thriving due to the increased demand for culinary oils, making it a beneficial investment for firms. With a variety of oil commodities like mustard, soybean, and more grown in India, beginning an oil mill firm gives a rich possibility. Entrepreneurs might choose to develop small, medium, or large-scale firms depending on their resources and production potential. Understanding the oil extraction process, selecting proper gear, and acquiring the relevant permissions are essential aspects of creating an oil mill firm. By evaluating the industry, generating a detailed business project report, organising funds, finding a strategic site, and setting up the oil production process, entrepreneurs may build a solid basis for a successful oil mill company in India.

Steps to Start an Oil Mill Business in India

1. market analysis.

In India, the edible oil market is strong, with a volume of 24.7 million tons in 2023, projected to reach 27.9 million tons by 2032, showing a CAGR of 1.35%. Entrepreneurs should perform market studies to understand demand across different areas and customer interests for oils like sunflower, peanut, mustard, palm, and safflower. Understanding competition and market trends is important for strategic placing in the business. The oil mill business offers a profitable chance due to the rising demand for veggie oils in India, making it an attractive investment for eager businesspeople.

2. Business Planning

Business planning is important for the success of an oil mill business in India. Crafting a detailed business project report helps describe the routine, financial, and strategic parts of the business. Financial planning and spending are crucial to determining initial funding needs, ongoing costs, and income forecasts. Setting realistic goals and targets provides a plan for progress and growth, leading businesses towards measurable success. By carefully planning every part of the oil mill business, from production methods to marketing strategies, owners can reduce risks, optimize resources, and increase the chance of long-term success in the tough Indian market.

3. Location and Setup

When setting up an oil mill business in India, several important factors need consideration. Firstly, picking a suitable site near raw materials and with good transportation access is important for working efficiency. Understanding legal requirements, such as getting necessary licenses and following the laws, is important for a smooth setup process. Additionally, building and setup factors, including access to power and water, play a major role in the running costs of the oil mill business. Entrepreneurs should carefully consider these factors to ensure a good and lasting oil mill company in India.

4. Oil Production Process

The oil extraction method includes grinding seeds to separate oil, which is then packed for sale. Mechanical pressing can remove about 85% of the oil from high-oil content seeds, with chemical extraction used for the leftover oil. The method must match with business needs and product quality requirements.

Selection of Oil Seeds and Quality Control: Choosing the right oil seeds, like mustard, soybean, and more, is important for oil output. Quality control methods ensure the end product meets market standards. Understanding the oil level of seeds and having quality checks throughout the production process is important for uniform quality.

Machinery and Technology Required for Oil Production: Oil mill businesses require gear like expellers, filter presses, heaters, steam kettles, and other equipment for efficient oil extraction. Researching reputable providers is vital to ensure the quality and efficiency of the tools. Proper installation and setting of the tools are key steps in building an effective oil production plant.

Oil extraction involves several steps, and a machine can separate oil from nuts.

Seed choosing

The seed must be perfect for removing the oil. If they are your own grown seeds, then look at them before putting them into a machine so that they are not broken.

If you are buying seeds from a store or farmer, make sure that seeds are not broken, or dry, and pick only those seeds which are of good quality.

Pre-cleaning and Decortications

Whenever you gather seeds from plants, many types of small rocks, dirt, dust and other small things are also found in the seeds. It is important to do pre-cleaning because the dirt and small rocks will be crushed with seeds, which will weaken the quality of the oil. Therefore, before removing oil from seeds, you’ve to remove these types of items.

After removing stones and dirt, you must also take the straw in the seeds.

You may get these grains cleaned by hand, or you can clean them with the help of a machine.

Conditioning of the seeds

This step is important because preparing the seeds takes more oil, and in this process, seeds are put inside the rollers. The seed cells receive the oil by going through the rollers, and micro oil drops are joined in them, due to which the oil can be removed from the seeds easily and fast.

To remove the various bugs, you have to heat the seed. Keep in mind that each seed needs different wet conditions and temperatures.

Oil extraction

You have now put seeds into the machine, and the machine grinds them. The oil that comes out of it during grinding is stored in a holding tank.

Some leftovers are still in the extracted oil. So, after the oil is taken, it is sieved so that it can be fully cleaned. Even after the oil has been cleaned, it still contains various chemical substances, which are removed through a chemical process.

5. Registration and Legalities

To start an edible oil business in India, several crucial steps must be taken to ensure legal compliance and respect for food safety standards. The process includes registering the company unit with the proper government based on its structure, getting important licenses and permits, and ensuring compliance with food safety laws.

Business Registration Process in India:

• Register with the proper body based on the business form ( sole proprietorship , partnership , LLP , or private limited company ).
• Obtain a trade license from the local city body.
• Apply for Udyog Aadhaar Registration from the Ministry of MSME.
• Obtain GST Registration if the sales reach a defined amount.
• Secure NOC from the Pollution Control Board.

Obtaining Necessary Licenses and Permits:

• Acquire FSSAI Basic Registration for turnovers below a set amount and FSSAI State License for bigger turnovers.
• Obtain BIS Certification to ensure product quality and safety.
• Secure other permits like Trade Licenses, Fire License, Import-Export License , and NOCs from the Pollution Control Board.

Compliance with Food Safety and Standards:

• Adhere to FSSAI rules to ensure food safety and quality.
• Maintain cleanliness standards, use uniform raw materials, and follow set laws.
• Conduct monthly checks and quality control methods to meet high food safety standards.

6. Operations Management

In the world of oil mill activities, effective management is key to success. Hiring and teaching workers proficient in oil mill technology is important for smooth operations. Providing thorough training ensures that staff are well-equipped to handle tools and stick to safety measures. Establishing an organised day-to-day operating routine is crucial for productivity, covering jobs like seed processing, oil extraction, refining, and packing. Quality assurance measures, including frequent checks and obedience to industry standards like FSSAI laws , are essential to maintain product quality and customer happiness throughout the production process.

7. Marketing and Sales

Developing a thorough marketing strategy for an oil mill business includes key aspects such as making a strategic plan to increase sales and gain a competitive edge. This includes knowing the target market, presenting the company effectively, and utilizing various marketing methods. Branding and product placement play a vital role in distinguishing the business from competitors and building a strong market presence. Implementing digital marketing strategies like SEO, PPC, email marketing, and standard advertising can improve brand exposure and connect with potential buyers effectively. Moreover, utilizing trade shows, displays, and digital marketing can further expand the reach and effect of the marketing efforts.

8. Financial Management

Effective financial management is essential for the financial success of an oil mill business. Managing cash flow and costs effectively ensures the longevity of activities and growth. Implementing suitable price tactics based on market trends and production costs is essential for success. Maintaining correct financial records and dealing with tax laws are vital for openness and legal compliance. By focusing on good financial practices, such as monitoring cash flow, setting reasonable rates, and assuring cautious record-keeping, oil mill businesses may achieve financial stability and long-term success in the industry.

In conclusion, starting an oil mill business in India presents a rich chance for entrepreneurs. Key points covered include market research, business planning, operations management, and marketing tactics important for success. Aspiring businesses are urged to leverage the growing demand for food oils and adopt sound strategies to beat challenges. The future of oil mill companies in India looks bright with the right method and commitment.

Please Share This Share this content

• Opens in a new window

Sachin Jaiswal

You Might Also Like

Sukanya Samridhi Yojana Sheme – Eligibility, Tax Benefits & Rules

What is the Best Business to Start in Coimbatore?

Five Key Ideas to Make Your Blog Incredible

• Sun. Apr 21st, 2024
• Privacy Policy
• Terms & Conditions

TheFinanceStreet

Analysis of Finance World

How to start a lubricant Oil business in India?

Table of Contents

Introduction –

The lubricant oil industry stands at the crossroads of India’s dynamic economy, fueled by a burgeoning automotive sector, expanding manufacturing prowess, and a growing need for efficient machinery. As businesses and industries flourish, the demand for high-quality lubricant oils has never been more crucial. This presents a compelling opportunity for entrepreneurs looking to venture into the lubricant oil business in India. With innovation, strategic planning, and a commitment to excellence, this industry holds the promise of substantial growth and impact.

In this era of industrial progress, lubricant oils play a fundamental role in ensuring the smooth functioning and longevity of machinery, engines, and equipment across a spectrum of sectors. From automotive engines to manufacturing processes, agriculture to power generation, lubricants are the unseen heroes that facilitate efficient operation, reduce friction, and enhance overall performance.

As the Indian economy continues its upward trajectory, the lubricant oil business has evolved into a dynamic landscape of possibilities. Entrepreneurs entering this domain have the opportunity to contribute not only to the efficiency of industries but also to the larger framework of sustainability and innovation. This venture allows for the creation of products that cater to a diverse range of applications, embracing the power of technology and research to develop solutions that align with evolving consumer demands and environmental consciousness.

However, while the lubricant oil business offers tremendous potential, it is not without its challenges. Intense competition, price sensitivity, regulatory compliance, and the need for effective distribution networks are all factors that require careful consideration. The success of a lubricant oil startup hinges on strategic planning, robust execution, and a deep commitment to quality.

This guide aims to provide aspiring entrepreneurs with insights, strategies, and critical considerations necessary for launching a successful lubricant oil business startup in India. From understanding the market dynamics to crafting a compelling business plan, from sourcing quality raw materials to building a strong brand presence, every aspect of this journey requires a thorough understanding and a proactive approach.

As you embark on this entrepreneurial endeavor, remember that the lubricant oil business is not just about products; it’s about solving challenges, enhancing efficiency, and contributing to the progress of industries. By embracing innovation, embracing best practices, and prioritizing customer satisfaction, you have the potential to create a business that not only thrives but also makes a lasting impact on India’s industrial landscape.

Starting a lubricant oil business in India involves a series of steps that require careful planning, legal compliance, and strategic execution. Here’s a comprehensive guide to help you get started:

• Conduct thorough research on the lubricant oil industry in India. Understand market trends, demand, competition, and customer preferences.
• Develop a detailed business plan outlining your goals, target market, product range, pricing strategy, distribution channels, marketing plan, and financial projections.
• Register your business entity with the appropriate government authorities. Choose a suitable legal structure such as a sole proprietorship, partnership, limited liability partnership (LLP), or private limited company.
• Obtain necessary licenses and permits, including GST registration, trade license, and other industry-specific approvals.
• Establish relationships with reputable lubricant manufacturers or distributors. Choose reliable suppliers who provide quality products.
• Decide on the types of lubricant oils you want to offer, such as engine oils, industrial lubricants, greases, and specialty oils.
• Develop a strong brand identity, including a memorable logo and branding materials.
• Design attractive and informative packaging for your lubricant oils.
• Choose a suitable location for your business operations. This could be a retail store, warehouse, or office.
• Set up the necessary infrastructure, including storage facilities that adhere to safety standards for storing lubricant products.
• Determine your distribution strategy. Decide whether you will sell directly to consumers, through retailers, or a combination of both.
• Build relationships with distributors, retailers, and dealers if you choose to use intermediaries.
• Ensure that the lubricant products you offer meet industry standards and certifications.
• Comply with labeling and packaging regulations, providing accurate product information.
• Set competitive prices based on market research, taking into account production costs, competitor pricing, and customer expectations.
• Calculate profit margins that allow for sustainable growth and profitability.
• Develop a marketing strategy that includes both online and offline channels. Create a professional website and utilize social media to reach potential customers.
• Participate in trade shows, exhibitions, and automotive events to showcase your products.
• Train your sales team to provide accurate information about your products and assist customers effectively.
• Focus on building strong relationships with customers through excellent customer service.
• Set up accounting systems to track income, expenses, and profits.
• Manage your finances efficiently to ensure cash flow and sustainability.
• Familiarize yourself with environmental regulations related to the storage, transportation, and disposal of lubricant products.
• Launch your lubricant oil business with a well-planned marketing campaign to create awareness and attract customers.

Starting a lubricant oil business requires careful planning, adherence to regulations, and a customer-centric approach. By offering quality products, excellent customer service, and effective marketing, you can establish a successful presence in the Indian lubricant oil market.

What is the profit margin of Lubricant Oil Business in India?

The profit margin of a lubricant oil business in India can vary depending on several factors, as mentioned earlier. However, to provide you with a rough estimate, here’s a general overview of profit margins that businesses in the lubricant oil industry might expect:

• Retailers and Distributors: Businesses involved in retailing lubricant oils or distributing them to retailers might have profit margins ranging from 10% to 20%. This can vary based on the brand, location, and competition.
• Private Label or Own Brand: If you’re creating your own brand of lubricant oils, profit margins could potentially be higher, ranging from 15% to 30% or more. This would depend on the success of your branding and marketing efforts.
• Bulk Sales or Industrial Market: Selling lubricant oils in bulk to industries or large consumers might result in different profit margins. These can vary widely depending on the volume of sales and the negotiation power you have with your clients.
• Franchise or Authorized Dealer: If you’re operating as a franchise or authorized dealer for a well-known lubricant oil brand, your profit margins could be more standardized, ranging from 5% to 15% or higher, depending on the specific agreements with the brand.
• Online Sales: If you’re selling lubricant oils through an e-commerce platform, profit margins can be influenced by factors like shipping costs and the competitiveness of online pricing.

Remember that these are just rough estimates and actual profit margins can vary based on local market conditions, the types of lubricant oils you’re selling, your pricing strategy, and your operational efficiency. It’s essential to conduct thorough market research, analyze your costs, and carefully consider your pricing strategy to ensure that your business remains profitable while providing value to your customers.

What are the types of Lubricant Oil Business in India?

In India, the lubricant oil business encompasses a variety of types, each catering to specific market segments and customer needs. Here are some common types of lubricant oil businesses you might consider:

• Engine Oils: These are designed for various types of engines, including gasoline and diesel engines. They provide lubrication, cooling, and protection to engine components.
• Gear Oils: Used in transmissions, differentials, and gearboxes to ensure smooth operation and minimize wear.
• Transmission Fluids: Specifically designed for automatic transmissions to ensure proper shifting and cooling.
• Hydraulic Oils: Used in hydraulic systems to transmit power and lubricate components.
• Compressor Oils: Designed for air compressors to ensure smooth operation and heat dissipation.
• Turbine Oils: Used in turbines to provide lubrication and cooling under high-temperature conditions.
• Greases: Semisolid lubricants suitable for applications where oils might not be practical, such as bearings and joints.
• High-Temperature Lubricants: Designed to withstand extreme heat conditions, often used in industries like metallurgy.
• Food-Grade Lubricants: Safe for use in food processing and pharmaceutical industries where incidental contact is possible.
• Marine Lubricants: Formulated for marine engines, gears, and machinery that operate in maritime environments.
• Creating your own brand of lubricant oils and marketing them under your label. This involves sourcing products from manufacturers and branding them as your own.
• Operating retail stores or outlets where customers can purchase lubricant oils directly. This might involve selling various brands and types of lubricants.
• Distributing lubricant oils to retailers, mechanics, and industrial clients. This type of business involves building a strong distribution network.
• Selling lubricant oils through e-commerce platforms, catering to customers who prefer the convenience of online shopping.
• Catering to businesses and industries with large vehicle fleets by providing bulk lubricant supplies, maintenance services, and support.
• Offering lubricant oils as part of your automotive repair and maintenance services.
• Becoming an authorized dealer for a well-known lubricant brand and selling their products.

The choice of the type of lubricant oil business you want to start will depend on factors such as your expertise, resources, target market, and the level of competition in your chosen niche. It’s essential to conduct thorough market research and assess the demand and potential profitability of each type before making a decision.

What is the platform of buying Lubricant Oil from right Dealers ?

There isn’t a single platform that universally represents the best way to buy lubricant oil from the right dealers, as it can vary depending on your location, preferences, and the specific lubricant products you’re looking for. However, I can provide you with some general guidance on how to go about finding and purchasing lubricant oil from reputable dealers:

• Research: Start by researching reputable lubricant oil brands and dealers in your area. Look for well-known and established brands that are known for producing high-quality lubricants.
• Authorized Dealers: Purchase from authorized dealers or distributors of the lubricant brands you’re interested in. Authorized dealers are more likely to provide genuine products and reliable service.
• Online Marketplaces: Online platforms like Amazon, eBay, or specialized industrial marketplaces may have a variety of lubricant oil options. Just make sure to read reviews and verify the credibility of the sellers before making a purchase.
• Manufacturer Websites: Many lubricant manufacturers have official websites where you can find information about their products and often purchase directly from them. This can ensure the authenticity of the product.
• Local Auto Shops and Industrial Suppliers: Local auto repair shops, industrial supply stores, and automotive parts stores often carry a selection of lubricant oils. They might also be able to guide you to reputable dealers.
• Industrial Suppliers: For businesses or industrial needs, contacting specialized lubricant oil suppliers and distributors might be beneficial. They can provide bulk quantities and tailored solutions.
• Trade Shows and Exhibitions: Industry-specific trade shows and exhibitions can be a great place to connect with reputable lubricant oil dealers and learn more about their products.
• Ask for Recommendations: Ask colleagues, friends, or professionals in your industry for recommendations on where they purchase lubricant oil. Personal referrals can be valuable.
• Verify Authenticity: When purchasing lubricant oil, ensure that the products have proper labeling, safety information, and batch numbers. Counterfeit products are a concern, especially online.
• Price Comparison: Compare prices from different sources to ensure you’re getting a fair deal. However, remember that extremely low prices could be a sign of counterfeit or low-quality products.
• Read Reviews: If you’re considering purchasing from an online platform, read reviews from other buyers to gauge the reliability and quality of the seller and the products.

Remember, it’s important to prioritize quality and authenticity over the cheapest option. Lubricant oil plays a crucial role in machinery and engines, and using subpar products can lead to costly damage. Always do your due diligence and research to find the right dealers offering genuine, high-quality lubricant oil.

What is the Capital investment for Lubricant Business?

The capital investment required for starting a lubricant business can vary widely based on several factors, including the scale of your operation, location, the range of products you intend to offer, marketing strategies, and more. Here’s a rough breakdown of potential expenses involved in starting a lubricant business:

• Licensing and Legal Fees: This includes obtaining the necessary permits, licenses, and registrations to operate your business legally.
• Infrastructure: Depending on the scale of your business, you may need to invest in a facility for storage, blending, and packaging of lubricant products. Costs can include leasing or purchasing the property, facility renovations, and necessary equipment.
• Raw Materials and Inventory: Purchasing the initial batch of lubricant oil products and the necessary additives can require a significant investment.
• Equipment: This includes machinery and equipment for blending, packaging, labeling, and quality control.
• Packaging and Labeling: Costs for designing and printing labels, as well as acquiring suitable packaging materials.
• Distribution and Logistics: Setting up a distribution network, including vehicles for transporting products to customers and retailers.
• Marketing and Branding: Promotional activities, branding, and marketing campaigns to establish your business in the market.
• Personnel: Hiring and training employees for various roles, such as production, quality control, sales, and administration.
• Quality Control: Establishing quality control processes and investing in testing equipment to ensure your products meet industry standards.
• Working Capital: Having sufficient working capital to cover day-to-day operational expenses before your business becomes profitable.
• Miscellaneous Costs: These can include insurance, utilities, initial marketing expenses, and unforeseen expenses.

It’s challenging to provide an exact figure for the capital investment required, as it can vary widely based on your specific business plan and location. Small-scale operations might require a few lakh rupees, while larger operations with a wider product range and national distribution could require several crores of rupees.

Before starting, it’s recommended to create a detailed business plan that outlines your business goals, target market, competitive analysis, pricing strategy, and financial projections. This plan will help you estimate the capital investment required more accurately. Additionally, consider seeking advice from industry experts, consulting with financial advisors, and researching similar businesses to get a better understanding of the potential costs involved in starting and operating a lubricant business.

What are the key features of Lubricant Oil Business in India?

The lubricant oil business in India, like any other business, comes with its own set of key features that are important to consider when starting or operating in this industry. Here are some key features of the lubricant oil business in India:

• Growing Market: India has a rapidly growing economy and an expanding automotive and manufacturing sector. This leads to an increasing demand for lubricant oils in various industries.
• Diverse Application Areas: Lubricant oils are used in a wide range of applications, including automotive engines, industrial machinery, power generation, agriculture, and more. This diversity allows for targeting different customer segments.
• Competitive Landscape: The lubricant industry in India is competitive, with both local and international brands competing for market share. Establishing a strong brand and product differentiation is crucial.
• Regulations and Quality Standards: The industry is subject to regulatory standards to ensure product quality and safety. Adhering to these standards is important for gaining customer trust and compliance.
• Distribution Network: Establishing an effective distribution network is essential for reaching customers efficiently, especially in a vast country like India.
• Brand Recognition: Building a recognizable and trusted brand is vital for customer loyalty and repeat business. Effective branding and marketing strategies play a significant role.
• Relationship with Dealers and Distributors: Maintaining strong relationships with dealers and distributors is important for widespread product availability and market penetration.
• Technological Advancements: With advancements in lubricant technology, customers are increasingly seeking products that provide better performance, fuel efficiency, and environmental benefits.
• Environmental Concerns: As environmental awareness grows, there is a trend towards environmentally friendly lubricants that have lower ecological impact.
• Innovation and Research: Investing in research and development can lead to the creation of innovative products that cater to specific industry needs.
• Loyalty Programs: Many lubricant companies offer loyalty programs to retain customers and encourage repeat purchases.
• Price Sensitivity: While quality is crucial, price sensitivity is also a factor. Finding the right balance between quality and pricing is important to attract and retain customers.
• Seasonal Variations: Demand for certain types of lubricants might vary seasonally, especially in agriculture and automotive sectors.
• Market Segmentation: Different industries and applications require different types of lubricants. Segmenting the market and offering specialized products can be advantageous.
• After-Sales Support: Providing technical support and guidance to customers regarding product usage and maintenance can enhance customer satisfaction.
• Government Initiatives: Government policies and initiatives related to industries like automotive, manufacturing, and energy can impact the demand for lubricant products.

Remember that the lubricant oil business requires careful planning, understanding of customer needs, adherence to quality standards, effective distribution, and continuous innovation to thrive in the Indian market. Conduct thorough market research, develop a strong business strategy, and stay adaptable to industry trends and changes.

Critical Analysis of Lubricant Oil Business in India –

A critical analysis of the lubricant oil business in India involves examining both the positive aspects and challenges associated with this industry. Here’s a balanced assessment:

Positive Aspects:

• Growing Demand: India’s rapidly growing automotive, manufacturing, and industrial sectors drive the demand for lubricant oils. As the economy expands, the need for lubricants in various applications also increases.
• Diverse Applications: Lubricants are used in a wide range of industries, from automotive to manufacturing, agriculture, and more. This diversity provides opportunities to cater to various customer segments.
• Opportunity for Innovation: The industry is witnessing technological advancements, leading to the development of high-performance lubricants that enhance efficiency and reduce environmental impact.
• Recurring Sales: Lubricants are consumable products, leading to a recurring sales model. Once customers find a trusted brand, they often stick with it, resulting in long-term business potential.
• Dealership Network: Many established lubricant companies have a well-established network of dealers and distributors, making it easier to reach customers across the country.
• Brand Loyalty: Building a strong brand reputation can lead to customer loyalty and trust, resulting in repeat business.

Challenges:

• Intense Competition: The lubricant industry in India is highly competitive, with numerous local and international players vying for market share. Standing out among competitors can be challenging.
• Price Sensitivity: While quality is crucial, customers are often price-sensitive. Balancing quality and pricing is essential to attract and retain customers.
• Counterfeit Products: The market can be plagued by counterfeit and substandard products, affecting consumer trust and damaging genuine brands.
• Regulations and Quality Control: Adhering to government regulations and quality standards is necessary but can also be costly and time-consuming.
• Distribution Challenges: India’s vast geographical expanse poses distribution challenges. Setting up an efficient distribution network, especially in remote areas, can be complex.
• Environmental Concerns: Increasing environmental awareness has led to a demand for environmentally friendly lubricants. Developing and marketing such products requires investment.
• Economic Factors: Fluctuations in the economy can impact purchasing power, affecting demand for lubricant products.
• Raw Material Costs: Variability in the cost of raw materials (base oils, additives, etc.) can impact profit margins.
• Technological Change: As vehicles and machinery evolve, lubricant formulations must keep up. Staying up-to-date with technological changes can be resource-intensive.
• Changing Consumer Preferences: As consumers become more informed, their preferences for different types of lubricants may change, requiring companies to adapt.

In conclusion, the lubricant oil business in India presents both opportunities and challenges. Success requires a strong understanding of customer needs, innovative product offerings, effective branding, efficient distribution, adherence to quality standards, and the ability to navigate a competitive landscape. Conducting thorough market research, staying adaptable to market trends, and maintaining a customer-centric approach are key to thriving in this industry.

Conclusion –

In conclusion, starting a lubricant oil business in India can be a promising venture, but it requires careful planning, strategic execution, and a strong commitment to quality and customer satisfaction. The lubricant industry offers a growing market due to India’s expanding economy, diverse industrial sectors, and increasing demand for high-quality lubricant products. However, navigating the competitive landscape and overcoming challenges is essential for achieving long-term success. Here are some key points to consider:

• Market Opportunity: The expanding automotive, manufacturing, and industrial sectors in India create a substantial demand for lubricant oils, offering a significant market opportunity.
• Innovation and Differentiation: Embrace technological advancements and innovate in product development to offer lubricants that meet evolving customer needs and environmental concerns.
• Quality Assurance: Adhering to strict quality standards and regulations is crucial to building trust with customers and establishing a solid reputation in the market.
• Distribution Strategy: Developing an efficient distribution network, both in urban and rural areas, is essential for reaching a wide customer base.
• Branding and Marketing: Building a strong brand presence and implementing effective marketing strategies are key to standing out in a competitive market.
• Customer Engagement: Prioritize customer satisfaction through excellent customer service, technical support, and reliable products.
• Financial Planning: Carefully assess the initial capital investment required, ongoing operational costs, and projected revenue to ensure financial sustainability.
• Market Research: Thoroughly research the market, understand customer preferences, and identify gaps that your products can fill.
• Adaptability: Stay adaptable to market trends, changing consumer preferences, and advancements in lubricant technology to remain relevant and competitive.
• Long-Term Vision: Focus on building a sustainable and scalable business that can weather economic fluctuations and industry changes.

In summary, while the lubricant oil business in India offers ample opportunities for growth and success, it also demands dedication, industry knowledge, and a commitment to delivering quality products. By addressing challenges, capitalizing on market trends, and consistently delivering value to customers, your lubricant oil startup can establish itself as a reputable player in the industry and achieve long-term prosperity.

What is the concept of entrepreneurship?

Similar posts.

What is freelancing and how does it work?

What is money and evoluation of money?

Leave a reply cancel reply.

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

• Agriculture Farming
• Livestock Farming

Project Reports

• Hydroponics
• Best Fertilizers
• Vertical Farming
• Sheep Farming
• Goat Farming
• Poultry Farming
• Fish Farming
• Pig Farming
• Dairy Farming
• Rabbit Farming
• Success Stories of Farmers
• Boost Fruit Yield
• District Wise Crop Production
• Schemes & Subsidies
• Agriculture Colleges
• Farm Insurance
• Disease Control And Management

Agriculture

Aquaculture

Horticulture

Agri Business

Cold Pressed Oil Project Report, Plan, Subsidy, Loans, Cost

Table of contents, advantages of cold pressed oils, cold pressed oil extraction process, subsidies and loans available for cold pressed oil extraction, costs involved in establishing the mini cold pressed oil extractor.

Cold pressed oil project report, business Plan: Cold pressed oils are produced by compressing the oil seeds at room temperature which have high demand due to premium prices. The oils available now are pressed at high temperatures but are not good for health. These cold pressed oils are good for health and hence have a high demand in the market due to its health benefits. Cold pressed oils are pressed at high compression pressures.

A guide to cold pressed oil project report, plan, subsidy, cost

Hot press oil extractors are used because of high yield, whereas the cold pressed oil yield less. But the high temperature alters the nutritional properties. The oil cake produced by heat pressing has less value compared to the cold press cake.

Cold pressing oils are obtained through modern steel press of seeds. Cold pressed oils retain all the essential components such as flavour, aroma, and nutritional values, making these oils for a great use in cooking and skin care requirements. They do not contain anytrans fatty acids and are therefore naturally cholesterol-free.These oils are cholesterol free, not refined, or deodorized or processed in any other way,they do not contain harmful solvent residues,as they are obtained just by compression and they also contain natural antioxidants such as tocopherols for example Vitamin E and phosphatides like Lecithin.

The natural flavours and odour are retained in the cold press oils, enhancing the taste in your favourite recipes. These are processed under heat-controlled temperatures along with the environment that would never exceed 100 degrees Fahrenheit. In cold-pressed oil extraction process, the seeds are processed at lower temperatures and do not alter the properties of the oil which contains a higher phenolic and nutrient content than the oils extracted from the high temperature-pressed oil.

You should not miss the Flour Mill Project Report .

In the last few years, although the awareness mostlyabout the nutritional value and health benefits of traditional wood pressed or cold-pressed coconut oil came into existence now and then changing with the perceptions of the most homes. Natural antioxidants are present in seeds and cold-pressing them extracts their oils, while their intrinsic goodness, healing qualities and anti-inflammatory ingredients are preserved. This method is also used for fruits and vegetables to make juice extracts. The same has been tested and applied for extracting oil from seeds as well. The elimination of heat in the extractive process and the oxidation process is slowed down.

Till 19 th century cold press oil extraction method is followed which a fixed wooden or stone mortar with wooden pestle has turned by one or two bulls. The seeds are crushed by the friction produced by the motor and the pestle. Later they produced Ghani’s powered by large motors to produce cold press oil in bulk at 25 to 50 Kg/hr. But this also produces heat due to friction and is also very noisy.

There are many advantages of cold press oil which includes the following-

Cold press oil retains healthy anti-oxidants which cannot be found in heat pressed oils. These anti-oxidants fight against harmful free radicals and prevent the growth of tumors in the body, thus helps in preventing harmful diseases.

Cold pressed olive oil retains its richness in Vitamin E, which strengthens the immune system, anti- inflammatoryand healing properties.

Cold pressed coconut oil contains lauric acid which fights against harmful pathogens in the body, despite its bad reputat57/on, and is a compound found in human breast milk hence it is an essential one. Coconut oil obtained by using cold press method has a lot of medium chain triglycerides, which are metabolized differently and can have therapeutic effects on several brain disorders.

Cold pressed oil has a lot of health benefits to the humans and also especially for the skin and hair. Do not ever think that cold pressed oils are costlier than the refined oils, because if you start using heat pressed oils then you will end with hospital expenses. The truth behind the refined oil is cooking oil, which are those added with a flavor of sunflower mineral oil. These mineral oils are also extracted from the petroleum wastage and few flours are added to them based on the required type of oil. The giant companies are ready to supply even to supply with the huge demand in Indian market by some oil that can be used for cooking but they don’t even care for the people’s health conditions. These refined oils are unsafe for the human’s health when consumed.Hence the olden discovery of recovering the oil from the cold press process is the most important and healthier one which can be followed to protect yourself from harmful diseases.

The introduction of screw expellers in the market to extract cold pressed oil extracts was an improvement over hydraulic press and solvent extraction. Screws are compact, and have high productivity, with continuous production, less laborrequirement. However the screw expellers we examined from a different form of sources, in India and are fitted with heating coils or use heated seeds as their compression is not enough for cold press. The screw expellers work on the principle of a vertical feed of oil seeds down a motor and then through the screw and cage which is called as a pestle mechanism. First crushing and then compression is done to extract oil from the seeds.

Incase if you miss this: Organic Farming Training, Organic Farming Courses .

The below is the list of public sector banks provides the subsidies for the cold press oil extraction process. These include

• State Bank of India
• Canara Bank
• Bank of Baroda
• Punjab National Bank
• Bank of India
• Andhra Bank
• State Bank of Bikaner & Jaipur
• Tamil Nadu Industrial Investment Corporation
• The National Small Industries Corporation Ltd.
• Small Industries Development Bank of India known as SIDBI
• National Bank for Agriculture and Rural Development known as NABARD.

These banks avail the loan or subsidies on the machinery cost available.

• Cold press expeller for extraction of Neem seed oil with higher Azadirachtin content which is used in medicines mostly avails a subsidy of Rs.2,50,000.
• They provide subsidy of 33% of the machinery cost of the project.

The minimum budget required for establishing a mini cold pressed oil extractor includes-

Costs involved in land expenses for establishing is Rs. 2,00,000

Costs involved in equipment and materials purchase is Rs. 3,00,000

Costs involved for labour is Rs. 50,000

Costs involved in purchasing materials is Rs. 1,50,000

Costs involved in power supply is Rs. 50,000

Other miscellaneous costs is Rs. 50,000

Total costs involved is Rs. 8,00,000

This is for a small unit price, which is mainly depends on the machinery costs. The oil extracted will be 35-45% from the various seeds such as sesame, coconut, groundnut etc.

This setup requires 1 HP motor to run the process and it is capable of producing 10 Kg of seeds per hour.

The above information may be applied to ganuga oil machine price, wood ganuga oil machine cost, and ganuga nune machine price. That’s all folks about cold pressed oil project report and available loans and subsides. You may be interested in Finger Millet Cultivation .

49 COMMENTS

Very good information provided about Cold pressed oil (Ganuga). I am looking to start wooden pressed oil business. Foe that i searching lot for details and business knowledge. Your information provided me some basic knowledge to move forward.

Thanks a lot and expect your guidance in the future.

sir, i will like to subscribe to reach out for agric machine manufacturers like machine for cold oil. thanks

Hi, Can you send me the Cold Pressed Oil Project report?

Hi i am Devendra from Bangalore we need to start the Cold-pressed oil business con you send the project report

hi.. I M Rahul Ovhal Frm pune Maharashtra i want to start Cold pressed oil project. can u plz help

hii i m santosh from bhubaneswar odisha want to start a cold pressed oil mill .need a project report for 2000 ltr per day or 6 ton per day ,need ur kind co-opration,can u send me the project report,

Hii I want to start cold pressed oil business in Mumbai can you help me ?

Hi sir, Even my thought process is the same may I know how the business is running , and also about the profit margin

Sir,I want to start cold pressed mustard oil project comparison 20 ton capacity .Can you provide project report and from where the best quality machine will be available.

I plan to start kacchi ghani oil press unit in Pune… request for all the details of government schemes, subsidy, msme benefits and project report for 2 machine unit please….

Hi sir, Good Day!! My seethaRamaiah from Guntur, Andhra Pradesh. I am planning to start cold press oil processing unit in my area. Please help me to get below required details. 1. Best Machine availability places with service center. 2.source of raw material 3. Project analysis report. 4. Requerments for subsidy loans. Could you please provide details if possible.

sir did you get all the required info ?

Dear sir I want to start cold pressed groundnut oil industry near Belgaum. I need project report. Request you send the project report.

I am planning to start the coldpress organic oil pressing business in Bangalore. I would be extremely delighted and obliged if you can share your business plan with me. This I am trying to help an unemployed youth as a start up venture and I am finding his venture as a part of my social entrepreneurs funding as a social service.

thanks and regards

Sir, I want to start my own Groundnut oil processing unit at kota Rajasthan, pls guide me about cost estimation, documentation requirement and eligibility for loan availabilty

Amazing post in this blog. Hope more people reaching your blog because you are sharing a good information. I noticed some useful tips from this post. Thanks for sharing this

great source of information, salute your dedication n commitment to help others.

Need your help i want start oil Business ,

Hi, The information provided by you is so good. Would like to start wooden cold pressed oil business. Can you please provide the project report for the same.

Sir I am interested to start cold pressed oil business can you help about requred shed and Mechinary

should we have our own land to get subsidy loan

Very good information. Sir I am interested in starting Cold Press oil business. Can you please send formats of Project Report /Analysis,

PMFME Scheme is providing Loan, Subsidy and other handholding support for more information, reply here

I am planning to setup a unit of cold pressed edible oils production and market it in my own brand. could you please brief me about it thanking you,

Can you make blog on export of cold pressed oil.

Can we export oils

We intend to start Cold Pressed Oil Extraction unit at Nelamangala with 4 units…

Can you please share the project report and Subsidy availment process?

I am senthilkumar from Marakkanam (Tamilnadu). I am planning to start cold press oil using peanuts(ground nuts). pls guide to start the process. How to prepare project report. Kindly reply sir

Dear sir I want to setup 1ton capacity mini oli mill please let me know how much is profit margin

Hello sir/madam, As I am starting my coldpressed oil business im preparing project report i need project report sample kindly share.

I would like to start the business, please help me with the detailed project report.

I am interested in the information u posted,pls help me in this sir I would like to start organic cold pressed oil store at my place,how should I get trained,lot of questions for me can u help me.

I am interested to start Cole Pressed (wood Pressed) Unit at my Place Can You Help me

I am interested to start a cold pressed oil unit in my hometown, can anyone help me how to setup this.

I am Ganesh, I want to start Cold press or wood press oil extraction business in Udupi karnataka, in udupi we will get Coconut in cheapest price. please send me the project report.

Iam interested in cold pressed oil business. Plz help me get the project report

Hi, The Article regarding Cold pressed Oil quite informative, I’m quite impressed, and am interested to start the Business, can you please send me the Project Report?

Hi I am planning to start a cold pressed oil business in our own brand. Can someone guide regarding the same & also some tips on marketing of the same.

I want to start a mini unit of cold pressed oils in Visakhapatnam urban. Please provide me with full cost establishment of machines also working capital requirement. Regards.

Dear, This blog really helpful, but could you share the exact detail of the project via email. i am interesting in the one small unit . Like what shall be the outome from one day. Thanking you

Hi, It’s very valuable information about cold pressed oil business. Please provide detailed project report. It will help me to start new unit in Hyderabad. I want to start with my own brand name. Thank you.

hello, thanks for the information. can you please provide me detailed project report so that i can start this business in my area. i have my own land.

Similarly, as the name suggests, the virus squeezing implies squeezing under low temperatures, the oilseeds can be squeezed without cooking. While hot squeezing is squeezing under high temperatures, the oilseeds are squeezed in the wake of cooking. There is an extraordinary oilseed broiling machine for use.

I have interest in start the coldpressed oil production please help me

Dear Sir, I am interested in getting into manufacturing of cold press oil business. To start with i need to understand the process involved in procuring the required machines, raw material, Licenses from government , labor cost etc. So would like to know if there is any on hand training classes provided by you or any good organizations in and around Bangalore that you recommend. If yes please let me know the training detail.

Thanks and Regards

Hi I want to set up cold pressed unit in Indore pls help me out for entire business structure and expenses .

Sir I wanted to know how to get loan and subsidy to start.

Sir, I wanted to know how to get loan & subsidy to start for entire business

I would like to start cold pressed oil business. Can you share me the details please.

LEAVE A REPLY Cancel reply

Save my name and email in this browser for the next time I comment.

Economical Aquaculture: A Guide to Low-Budget Fish Farming

15 common planting errors that can doom your fruit trees, how to make houseplants bushy: effective tips and ideas, innovative strategies for boosting coconut pollination and yield, pollination strategies for maximum pumpkin yield, the complete guide to chicken fattening: strategies for maximum growth, natural solutions for tulip problems: 100% effective remedies for leaf..., revolutionizing citrus preservation: towards a healthier, greener future, natural solutions for peony leaf and flower problems: 100% effective..., maximizing profits with avocado contract farming in india: a comprehensive..., natural solutions for hydrangea problems: 100% effective remedies for leaf..., the ultimate guide to choosing the perfect foliage friend: bringing..., from sunlight to sustainability: 15 ways to use solar technology..., the ultimate guide to dong tao chicken: exploring from history..., the eco-friendly makeover: how to convert your unused swimming pool..., mastering the art of delaware chicken farming: essentials for healthy..., 20 best homemade fertilizers for money plant: diy recipes and..., how to craft a comprehensive free-range chicken farming business plan, brighten your flock: raising easter egger chickens for beauty and..., how to optimize your poultry egg farm business plan with..., borewell drilling cost, pump price, and pipe cost, polyhouse subsidy, cost, profit, project report, tractor subsidy, bank loan, eligibility, schemes, process, malabar neem project report details guide, cold storage project report, cost and subsidy, mushroom farming project report, cost and profit analysis.

Project Report Bank

Edible Oil Business Project Report Guideline for Setup in India

Edible Oil Business Project Report contains all the information for you if you are planning to start an edible oil extraction business in India. The edible oil business is one of the most profitable business start-ups in India. You need to mandatory know some basic things before starting this business. Everything is included in our project report that you can buy and explore. Thus you need to know much about this business regarding how to open it and then how to carry it to meet the market scenario.

Edible oil is a type of oil that is used in cooking or food preparation. It is extracted from various plant sources, such as soybeans , sunflowers, peanuts , rapeseed, palm fruit, and others. Edible oil is a fundamental component of many cuisines around the world and is a key ingredient in the food industry.

The edible oil industry is a highly competitive sector, and there are numerous players in the market. The demand for edible oil is high due to its versatile use in cooking, baking, and food preparation. The industry is divided into two major categories: vegetable oil and animal fat. Vegetable oils make up the majority of the market and include soybean, canola, palm, and sunflower oils . Animal fats, such as butter and lard, are used in a variety of applications as well.

Edible Oil Business In India

Table of Contents

• 1 Edible Oil Business In India
• 2 Edible Oil Project Report
• 3 Growth Insights
• 4 How Do I Start Edible Oil Manufacturing Business In India?
• 5 Why Do I Start Edible Oil Manufacturing Business In India?
• 6 Profitability Status Of Edible Oil Extraction Business In India
• 7 Ideal Location For Edible Oil Mill In India
• 8 How To Start an Edible Oil Business In India?
• 9 How To Start an Edible Oil Mill?
• 10 Know The Estimated Cost Needed For Starting an Edible Oil Manufacturing Plant
• 11 BuyThe Machinery Needed To Extract Edible Oil
• 12 Tangible Assets Required To Manufacture Edible Oil
• 13 Manpower Needed For Edible Oil Mill In India
• 14 Licenses Needed To Start Edible Oil Mill In 2024 in India
• 15 How Do I Promote the Edible Oil Brand?
• 16 Can I start an edible oil business with just a small investment?
• 17 Can I use recycled oil to produce edible oil?
• 18 Is it necessary to have a background in food science or technology to start an edible oil business?
• 19 Can I sell Edible Oil online?
• 20 Can I use social media for marketing my products?
• 21 What are some unique flavours or blends to add in manufacturing edible oil?
• 22 How can I ensure the sustainability of my edible oil business?

The production of edible oil involves several stages, including harvesting, cleaning, pressing, and refining. The extracted oil is then packaged and distributed to retailers, food manufacturers, and restaurants. The industry also involves trading and futures contracts, as well as transportation and logistics to move products across the globe.

Consumers are becoming increasingly health-conscious, and as a result, there is a growing demand for healthier oil options, such as olive oil and coconut oil, which are known for their health benefits. In addition, sustainable and environmentally friendly production practices are also becoming more important to consumers, which is driving the adoption of responsible and ethical sourcing practices in the industry.

Overall, the edible oil industry is a complex and dynamic sector that plays a critical role in the global food system.

Edible Oil Project Report

You can explore useful information about setting up your edible oil plant here. If you are determined to start this venture then you can buy edible oil project report from us. You can get personalized project reports for every business from our website. Our well-qualified experts prepare these project reports and include every useful information in them. You will get the edible oil manufacturing project report after making the payment.

Edible Oil Business Project Report contains information like the product attraction, financial details, investment of Funds, location, set up cost, target market information, scope, marketing strategies, etc. The information is all enough for you to have a good idea about this business. If you want to seriously open an edible oil extraction mill and avail financial help from investors or bank loan, you require a professionally written project report. Our well qualified professionals can make personalized project report on your demand. You can make the payment and get project report online. This will be of good help for you to avail government subsidy scheme, Mudra Loan, PMEGP loan scheme etc. It will solve all your purpose.

The purpose of the edible oil project report is to guide you and provide you with every important information about this startup. It will assist all entrepreneurs who wish to start this venture and chartered accountants, students, and whoever is interested in knowing about this business. You can use the project report of the edible oil mill for a bank loan.

Growth Insights

Here are some insights on the edible oil business and future growth:

• Growing demand : The global demand for edible oils is expected to grow steadily in the coming years, driven by factors such as population growth, rising disposable incomes, and changing dietary habits. In particular, there is a growing demand for healthier oils such as olive oil and coconut oil, which are perceived as more natural and beneficial.
• Increasing health awareness : Consumers are becoming increasingly health-conscious and are seeking out healthier food options. This has led to a shift towards oils that are low in saturated fat and high in unsaturated fats, such as olive oil and sunflower oil. This trend is expected to continue in the future, as people become more aware of the health benefits of different oils.
• Rise of e-commerce : With the rise of e-commerce, consumers are able to easily purchase a wide variety of oils from around the world, which has increased the availability of niche oils and expanded the market. This has also made it easier for small-scale producers to reach a wider audience.
• Increasing competition : With the growing demand for edible oils, the market has become increasingly competitive. Large multinational companies dominate the market, but there is also a growing number of smaller players who are focusing on niche markets and specialized oils.
• Sustainability : Consumers are becoming more aware of the environmental impact of their food choices, and this is driving demand for sustainably produced oils. Companies that can demonstrate their commitment to sustainability and environmentally friendly practices are likely to be more successful in the future.
• Technological advancements : Advances in technology are expected to play a significant role in the future of the edible oil industry. New processing techniques and innovative packaging solutions are being developed, which will enable companies to produce and distribute oils more efficiently and sustainably.
• Emerging markets : Emerging markets such as India, China, and Brazil are expected to drive growth in the global edible oil market. As the middle class in these countries grows, so does the demand for healthy and natural food products, including oils.
• Regulatory environment : The regulatory environment for the edible oil industry is becoming increasingly complex. Governments around the world are implementing new regulations aimed at improving food safety and transparency in the supply chain. Companies that are able to adapt to these changes and demonstrate their commitment to compliance will be better positioned for growth in the future.

The edible oil industry is expected to continue to grow in the coming years. Companies that can adapt to these changes and meet the evolving needs of consumers are likely to be successful in the future.

How Do I Start Edible Oil Manufacturing Business In India?

Starting an edible oil business can be a challenging and rewarding experience. Here are some general steps to consider when starting an edible oil business:

• Develop a business plan: Before starting any business, it’s important to develop a comprehensive business plan. This should include market research, financial projections, a marketing strategy, and an operational plan.
• Deciding on a business structure: A legal structure should be established for your business, such as a sole proprietorship, partnership, limited liability company (LLC), or corporation. Consult with a lawyer or accountant to determine which structure is best for your specific needs.
• Obtain necessary permits and licenses: Depending on your location, you may need to obtain permits and licenses from local, state, and federal agencies. Research the requirements in your area to ensure that you are in compliance with all regulations.
• Secure funding: Determine how much capital you will need to start and operate your business, and identify potential sources of funding such as loans, grants, or investors.
• Develop a supply chain: Establish relationships with suppliers of raw materials such as seeds, nuts, or fruits. Work to ensure a consistent and reliable supply chain that meets the quality standards of your business.
• Purchase equipment: Invest in the necessary equipment to process, package, and distribute your products. This may include oil presses, bottling machines, and transportation vehicles.
• Develop branding and packaging: Develop a strong brand identity and packaging design that sets your product apart from competitors. Consider hiring a graphic designer and/or marketing professional to help with this.
• Develop a sales and distribution strategy: Determine how you will sell and distribute your products, such as through online sales, retail stores, or direct-to-consumer channels. Develop a marketing plan that includes social media, advertising, and other promotional activities.
• Test and refine your product: Continuously test and refine your product to ensure that it meets the needs and preferences of your target market. This may involve making changes to the recipe or packaging based on customer feedback.

Starting an edible oil business can be a complex and challenging process, but with the right planning and execution, it can also be a rewarding and profitable venture. Be sure to research and seek advice from industry experts before embarking on this journey.

Why Do I Start Edible Oil Manufacturing Business In India?

An edible oil business is needed for several reasons:

• Essential ingredient in cooking : Edible oils are an essential ingredient in cooking and are used in a variety of dishes around the world. They provide flavour, texture, and consistency to food.
• Nutritional benefits : Many edible oils are high in unsaturated fats, which are essential for maintaining good health. They provide the body with important nutrients such as vitamin E and omega-3 fatty acids.
• The diverse range of applications : Edible oils have a wide range of applications beyond cooking, including in the production of cosmetics, pharmaceuticals, and biofuels.
• Increasing demand : The global demand for edible oils is increasing, driven by factors such as population growth, rising disposable incomes, and changing dietary habits. As a result, there is a growing need for companies to produce and distribute high-quality and sustainable oils.
• Job creation : The edible oil industry can create jobs in a variety of roles, from farmers and producers to distributors and marketers. This can have a positive impact on local economies and help to reduce poverty.

Overall, the edible oil business plays an important role in providing essential products to consumers, supporting healthy lifestyles, and driving economic growth.

Profitability Status Of Edible Oil Extraction Business In India

There are several ways an edible oil business can be profitable:

• Efficient production : Streamlining production processes can help reduce costs, improve efficiency, and ultimately increase profitability. This can be achieved by investing in modern equipment, adopting lean manufacturing techniques, and optimizing the supply chain.
• Marketing and branding : Creating a strong brand and marketing strategy can help an edible oil business differentiate itself from competitors and build a loyal customer base. This can be achieved by developing a unique selling proposition, creating compelling marketing campaigns, and building a strong online presence.
• Diversification : Diversifying the product range can help an edible oil business cater to a wider range of customers and increase revenue streams. This can be achieved by introducing new product lines, such as speciality oils or flavoured oils, or by expanding into related markets such as organic or sustainable products.
• Focus on quality : Emphasizing product quality can help an edible oil business build a reputation for excellence and attract premium customers willing to pay higher prices. This can be achieved by investing in high-quality ingredients, ensuring consistent production standards, and prioritizing food safety and traceability.
• Supply chain optimization : Ensuring a reliable and cost-effective supply chain is crucial for the profitability of an edible oil business. This can be achieved by establishing long-term partnerships with suppliers, implementing quality control measures, and optimizing logistics and transportation.
• Adopting sustainable practices : Consumers are increasingly concerned with sustainability and may be willing to pay a premium for products that are produced in an environmentally and socially responsible way. Adopting sustainable practices, such as using renewable energy, reducing waste, and supporting local farmers, can help an edible oil business attract environmentally conscious customers and increase profitability.

It’s important to carefully consider these factors when starting an edible oil business and continuously evaluate and refine these strategies as the business evolves.

Ideal Location For Edible Oil Mill In India

The ideal location to start an edible oil business depends on various factors, including proximity to raw materials, access to transportation infrastructure, availability of skilled labour, and market demand. Here are some factors to consider when choosing a location for an edible oil business:

• Proximity to raw materials : The location should be close to the source of raw materials, such as seeds, nuts, or fruits, to reduce transportation costs and ensure a reliable supply chain.
• Transportation infrastructure : Access to reliable transportation infrastructure, such as ports, highways, and railroads, is crucial for an edible oil business to move products to market and receive supplies.
• Skilled labour : The availability of skilled labour is important for the success of the edible oil business. The location should have a pool of qualified workers with experience in agriculture, food processing, logistics, and other related fields.
• Market demand : The location should be in an area with high demand for edible oils, either in the domestic market or for export. This can be influenced by factors such as population growth, income levels, and dietary habits.
• Government policies and incentives : The location should be in an area with favourable government policies and incentives that support the growth of businesses, such as tax breaks, subsidies, and infrastructure investment.
• Environmental considerations : The location should be in an area with a low environmental impact, with access to clean water, air, and soil. Edible oil production can have a significant impact on the environment, and businesses should take steps to minimize their impact.

The ideal location for an edible oil business will depend on these various factors, and businesses should carefully consider them when choosing a location.

How To Start an Edible Oil Business In India?

Here are some extraordinary ways to start an edible oil business:

• Speciality oils: One way to differentiate an edible oil business is to specialize in unique or hard-to-find oils. For example, businesses can offer speciality oils such as avocado oil, macadamia nut oil, or pumpkin seed oil, which are becoming increasingly popular due to their health benefits and unique flavour profiles.
• Personalized branding : Creating personalized branding can help an edible oil business stand out in a crowded market. This can be achieved by offering custom labels or packaging, allowing customers to select their own blends or flavours, or partnering with local artists to create unique designs.
• Sustainable production : Consumers are increasingly concerned with sustainability and may be willing to pay a premium for products that are produced in an environmentally and socially responsible way. Starting an edible oil business that emphasizes sustainable production methods, such as using renewable energy, reducing waste, or supporting local farmers, can be a unique and creative way to differentiate the business.
• Vertical integration : Starting an edible oil business that is vertically integrated can help increase profitability and control over the supply chain. This can involve owning the farms that produce the raw materials, processing the oil in-house, and selling the finished products directly to consumers.
• Online sales : Building an online presence and selling products directly to consumers can be a unique and creative way to start an edible oil business. This can be achieved by creating an e-commerce store, using social media to build a following, or partnering with online marketplaces such as Amazon or Etsy.
• Collaborations and partnerships : Partnering with other businesses or organizations can be a creative way to start an edible oil business. For example, businesses can collaborate with local chefs or restaurants to create unique recipes featuring their oils, or partner with health and wellness companies to promote the health benefits of their products.

Starting an edible oil business can involve implementing unique and creative strategies that differentiate the business from competitors.

How To Start an Edible Oil Mill?

Deciding on a Business Name

Naming a business is an important task as it can have a significant impact on the success of your brand. Here are some tips to help you name your edible oil business:

• Simple is best : A name that can be remembered easily is best for leaving a lasting impact on people’s minds. Avoid using complicated or difficult-to-spell words.
• Be descriptive : Your business name should reflect the nature of your business. Use words that describe your products or services, such as “Pure”, “Organic”, “Natural”, or “Healthy”.
• Consider your target audience : Think about the people who are likely to buy your products and what kind of name would appeal to them. For example, if your target audience is health-conscious consumers, you might want to include words like “Fit” or “Wellness” in your business name.
• Check for availability : Before finalizing your business name, make sure it is not already in use by another company. Check the availability of your desired name as a domain name and on social media platforms.
• Make it memorable : A catchy and memorable name can help your business stand out from the competition. Consider using alliteration, rhyming, or puns to create a unique and memorable name.

Know The Estimated Cost Needed For Starting an Edible Oil Manufacturing Plant

The cost of starting an edible oil business can vary depending on several factors such as the size of the business, the production capacity, location, equipment, and raw material costs. Here are a few main expenses to consider:

• Business registration and licensing : The cost of registering your business and obtaining the necessary licenses and permits can range from Rs. 10,000 to Rs. 50,000 ($136 to $682).
• Production space : The cost of leasing or buying a production space will depend on the size of the space and the location. The rent for a 1,000-square-foot space can range from Rs. 15,000 to Rs. 30,000 per month ($205 to $410).
• Equipment and machinery : The cost of machinery and equipment can range from Rs. 5 lakhs to Rs. 50 lakhs ($6,820 to $68,200) depending on the production capacity and the type of machinery required.
• Raw materials : The cost of raw materials such as seeds, nuts, or fruits will depend on the quantity and quality required. This cost can vary between Rs. 30 to Rs. 50 per kg ($0.41 to $0.68 per kg).
• Packaging and labelling : The cost of packaging and labelling materials will depend on the quantity required and the quality. This cost can range from Rs. 1 to Rs. 5 per unit ($0.01 to $0.07 per unit).
• Marketing and advertising : The cost of marketing and advertising will depend on the type of marketing strategy used. This cost can range from Rs. 50,000 to Rs. 1 lakh ($682 to $1,364) per month.
• Employee salaries : The cost of employee salaries will depend on the number of employees required and their salaries. The minimum wage in India is Rs. 176 per day ($2.40 per day).

So, the estimated cost of starting an edible oil business in India can range from Rs. 10 lakhs to Rs. 1 crore ($13,640 to $136,400) depending on the factors mentioned above.

BuyThe Machinery Needed To Extract Edible Oil

The machinery and equipment required to start an edible oil business can vary depending on the type of oil being produced and the scale of production. Here are some essential machines and equipment needed:

• Oil expeller : This machine is used to extract oil from seeds, nuts, or fruits by pressing them under high pressure. The cost of an oil expeller can range from Rs. 70,000 to Rs. 5 lakhs ($955 to $6,820) depending on the production capacity.
• Filter press : This machine is used to remove impurities from the oil by filtering it through a filter cloth or paper. The cost of a filter press can range from Rs. 30,000 to Rs. 2 lakhs ($410 to $2,730) depending on the production capacity.
• Decorticator : This machine is used to remove the outer shell or husk from seeds or nuts before they are pressed. The cost of a decorticator can range from Rs. 20,000 to Rs. 1 lakh ($273 to $1,364) depending on the production capacity.
• Storage tanks : Stainless steel or plastic tanks are used to store the oil after it has been extracted. The cost of storage tanks can range from Rs. 20,000 to Rs. 1 lakh ($273 to $1,364) depending on the size and material.
• Weighing scales : Accurate weighing scales are essential for measuring the raw materials and the finished products. The cost of weighing scales can range from Rs. 5,000 to Rs. 20,000 ($68 to $273) depending on the capacity.
• Packaging machines : These machines are used to fill and seal the oil in bottles or pouches. The cost of packaging machines can range from Rs. 50,000 to Rs. 5 lakhs ($682 to $6,820) depending on the production capacity and the type of machine.
• Generator : A generator is essential to provide backup power in case of power cuts. The cost of a generator can range from Rs. 50,000 to Rs. 2 lakhs ($682 to $2,730) depending on the capacity.

It is important to choose the right machinery and equipment based on the production capacity, quality of the products, and budget. Consulting with an expert in the industry can help in making the right choices.

Tangible Assets Required To Manufacture Edible Oil

Infrastructure requirements for starting an edible oil business depend on the scale of production and the type of products being manufactured. Here are some essential infrastructure requirements for starting an edible oil business in India:

• Production facility : The production facility should have enough space to accommodate all the machinery and equipment required for the production process. The facility should be located in a suitable location with good connectivity and access to raw materials and markets.
• Raw material storage : A separate storage area is required for storing the raw materials such as seeds, nuts, or fruits. The storage area should be clean, dry, and free from pests and rodents.
• Finished product storage : A separate storage area is required for storing the finished products before they are packed and shipped. The storage area should be clean, dry, and well-ventilated to maintain the quality of the products.
• Water supply : An adequate and clean water supply is essential for the production process, cleaning, and sanitation.
• Power supply : A reliable power supply is necessary to operate the machinery and equipment. Backup power sources such as generators should be available in case of power outages.
• Packaging and labelling : A separate area should be designated for packaging and labelling the products before they are shipped.
• Quality control and testing : A laboratory equipped with the necessary instruments and equipment is essential to test the quality of the raw materials and finished products.
• Office space : A separate office space is required to manage the business operations such as sales, marketing, finance, and administration.

It is important to comply with the relevant regulations and standards set by the government and industry associations regarding infrastructure and safety requirements for edible oil businesses. Consulting with experts and professionals can help ensure compliance and set up a successful business

Manpower Needed For Edible Oil Mill In India

The manpower required for an edible oil business depends on the scale of production and the scope of the business. Here are some essential staff positions required for an edible oil business:

• Production manager : Responsible for managing the production process, ensuring the timely and efficient production of quality products.
• Quality control manager : Responsible for ensuring the quality of the raw materials and finished products through testing and analysis.
• Sales and marketing manager : Responsible for developing and implementing sales and marketing strategies to promote the products and reach out to potential customers.
• Finance and administration manager : Responsible for managing the financial and administrative operations of the business, including budgeting, accounting, and human resources.
• Machine operators : Responsible for operating the machinery and equipment used in the production process.
• Packaging and labelling staff : Responsible for packaging and labelling the products before they are shipped.
• Warehouse staff : Responsible for receiving, storing, and managing the raw materials and finished products in the warehouse.
• Delivery staff : Responsible for delivering the products to the customers or distributors.

It is important to hire staff with relevant qualifications, experience, and skills for each position. Training and development programs can help in enhancing the skills and knowledge of the staff and improving their productivity and performance. It is also important to comply with the relevant labour laws and regulations regarding wages, working hours, and working conditions.

Licenses Needed To Start Edible Oil Mill In 2024 in India

Starting an edible oil business requires obtaining the necessary licenses and permits from government authorities. Here are some of the licenses and permits required for an edible oil business:

Business registration : The first step is to register the business as a legal entity with the Registrar of Companies (RoC) or Registrar of Firms (RoF) under relevant laws such as the Companies Act or Partnership Act.

• Food safety and standards license : Every food business in India, including edible oil businesses, must obtain a food safety and standards license from the Food Safety and Standards Authority of India (FSSAI). This license ensures that the business complies with the food safety and quality standards set by the FSSAI.
• Trade license : A trade license must be obtained from the local municipal corporation or the urban local body where the business is located. This license permits the business to operate in a specific area.
• Goods and Services Tax (GST) registration : Every business with an annual turnover of more than Rs. 40 lakhs is required to register under the GST Act. GST registration is mandatory for edible oil businesses as they are subject to GST.
• Pollution control clearance : The business must obtain clearance from the Pollution Control Board (PCB) under the Water (Prevention and Control of Pollution) Act, 1974 and the Air (Prevention and Control of Pollution) Act, 1981. This clearance certifies that the business is not causing any harm to the environment.
• Fire safety certificate : The business must obtain a fire safety certificate from the local fire department to ensure that the premises are safe and comply with fire safety regulations.
• Import-export code : If the business plans to import or export edible oils, an import-export code must be obtained from the Directorate General of Foreign Trade (DGFT).

It is important to comply with the relevant laws and regulations and obtain the necessary licenses and permits before starting an edible oil business in India. Consulting with experts and professionals can help in ensuring compliance and avoiding any legal issues.

How Do I Promote the Edible Oil Brand?

Promotional activities are crucial for the success of any business, including an edible oil business. Here are some marketing and promotion strategies that can be used in the Indian context:

• Online presence : Create a website and social media pages for your business to showcase your products, share recipes, and engage with potential customers. You can also run online ads to reach a wider audience.
• Influencer marketing : Collaborate with food bloggers, chefs, and nutritionists to promote your products on social media platforms and blogs.
• Sampling : Offer free samples of your products at events, supermarkets, and other public places to introduce people to your brand and encourage them to try your products.
• Referral program : Encourage your existing customers to refer their friends and family to your business by offering incentives such as discounts or free products.
• Packaging and labelling : Design attractive packaging and labels that reflect the quality and uniqueness of your products. This will help your products stand out on the shelves and attract customers.
• Trade shows and exhibitions : Participate in trade shows and exhibitions related to the food industry to showcase your products and network with potential customers and partners.
• Discounts and promotions : Offer discounts, promotions, and loyalty programs to incentivize customers to buy your products and build brand loyalty.
• Print ads : Consider advertising in local newspapers and magazines to reach a wider audience.

It is essential to create a marketing and promotion plan that suits your budget and target audience. Continuously monitor and analyze the effectiveness of your strategies and adjust them accordingly to maximize your reach and impact.

Frequently Asked Questions On Edible Oil Mill Project Report

Can i start an edible oil business with just a small investment.

Yes, it is possible to start an edible oil business with a small investment. You can start with a small-scale production unit and gradually expand the business as it grows.

Can I use recycled oil to produce edible oil?

No, using recycled oil for producing edible oil is not allowed as it can pose health risks to consumers. It is important to use fresh and high-quality raw materials to ensure the quality and safety of the products

Is it necessary to have a background in food science or technology to start an edible oil business?

No, it is not necessary to have a background in food science or technology to start an edible oil business. However, having a basic understanding of the production process and quality control measures can be beneficial.

Can I sell Edible Oil online?

Yes, you can sell edible oil online through e-commerce platforms or your own website. Online selling can help in reaching out to a larger customer base and expanding the business.

Can I use social media for marketing my products?

Yes, social media can be a powerful marketing tool for promoting your products and reaching out to potential customers. You can use platforms such as Facebook, Instagram, and Twitter to create brand awareness and engage with your target audience.

What are some unique flavours or blends to add in manufacturing edible oil?

You can experiment with different flavours and blends of oils such as garlic-infused olive oil, chilli-infused coconut oil, or ginger-infused sesame oil to create unique and distinctive products that stand out in the market

How can I ensure the sustainability of my edible oil business?

You can adopt sustainable practices such as using renewable energy sources, minimizing waste generation, and using eco-friendly packaging materials to reduce the environmental impact of your business. Additionally, you can source your raw materials from ethical and sustainable suppliers to ensure social responsibility.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Is the cooking oil business profitable? [How to start]

The people of India love to eat delicious food. Cooking oil is an indispensable ingredient for preparing delectable food. Hence, if you are an aspiring entrepreneur and want to foray into a new business, the cooking oil business is the perfect choice for you. If you want to know how to start a cooking oil business, you just need to have the zeal to learn about this business and the acumen to establish your brand in the industry.

Capital required for starting an edible oil business

You should start your cooking oil business on a small scale so that you require less capital. After gaining experience in the industry, you can gradually increase your scale of operations by ploughing back your profits. You need around Rs. 5 lacs to start on a small scale and open a small oil mill. With this money, you have to buy the necessary machines, raw materials, power connection, 20 HorsePower motor, etc.

You can either go for a cooking oil wholesale business or a cooking oil retail business, depending upon your interest. In a wholesale business, your target market would be the retailers. You need to identify the shopkeepers and dealers who purchase your product and sell it further to the end consumers. You would be required to produce in bulk and sell in bulk as well. In the retail business, you need to target the end consumers.

Impeccable Cooking Oil Business Plan

1. Market Research: If you are thinking about how to start an edible oil business , the first step is to do comprehensive market research about the cooking oil industry. You need to study the market, competitors, trends, and the demand for different kinds of oils.  In India, people use different oils for cooking like mustard oil, groundnut oil, sunflower oil, olive oil, etc. You should decide which oil you would produce in your oil mill.

2. License and Permits: If you want to start an oil mill and venture into the cooking oil business, you need to get licenses from FSSAI (Food Safety and Standards Authority of India) and BIS (Bureau of Indian Standards). It is a mandatory requirement to get permission to establish an oil mill.

3. Finance: Adequate finance is imperative for the success of any business. You cannot succeed if you do not have the required funds for your business. You should arrange funds for the start-up capital and the working capital requirements to ensure a smooth flow of business operations. You can use your money to start your oil mill, or you can also get it financed through banks. You can also take advantage of the various schemes and subsidies that the government offers to MSMEs (Medium and Small Scale Industries).

You should maintain proper accounts of your business as your accounts present a vivid picture of the growth and profitability of your business. You can easily record the financial transactions of your business by using the exemplary app- Okcredit, as it is user-friendly and easy to operate. You can maintain the digital ledgers of your business and ensure that not a single transaction is omitted.

4. Location: It is essential to find the right location for your oil mill. You will require 1000 sq ft of space to set up your oil mill. You can set up your factory or start with rented premises to start your oil mill.

5. Raw materials: The raw materials required for starting an oil business are vegetables and plant seeds like mustard seeds, olive seeds, sunflower seeds, etc. You can easily procure these raw materials directly from the farmers or the market.

6. Machinery: Extraction of oil from the seeds require the following machinery:

• Oil Expeller: It is the primary oil extraction machinery that you require in your mill. It is used for extracting oil from the seeds. This machine costs around Rs. 1 lac and is the essential machinery required for your business.
• Cooking Machine: The seeds need to be heated to a specific temperature to extract oil from them. The cooking machine is required to heat the seeds to the required temperature.
• Oil Refining Machines: Once the oil is extracted, it needs to be refined. Oil filters are needed to refine the oil, purify it, and fit for sale and distribution.
• Containers for Storing the Oil: You also need to have a storage tank for storing the extracted oil.
• Weighing Machine: An electronic weighing machine is also required in the mill to measure the quantity of the oil and pack it accordingly.

You need to buy the required machinery and get it installed at your mill. You should buy machinery of superior quality as it is a long-term investment.

Also read: Essential Oil Manufacturers in India

7. Hire Labour: A team of talented and motivated employees ensures the success of a business organisation. You should hire diligent employees who work sincerely and have the zeal to deliver excellence. A small oil mill requires around four to five people- two to work on the machinery and two for the packaging and distribution of the output.

You should give proper training to your employees to work on the machines efficiently. You should also keep track of their performance and reward the employees for their remarkable performance. You can take the help of the Okstaff app, which is a holistic staff management app that enables you to manage attendance, performance, and salaries of employees very conveniently.

8. Packaging, Distribution, and Marketing: Once you have extracted the oil, the next step is to pack it in the containers, label it and sell it. You need to have systematic and seamless logistics services to distribute the oil to the target customers. You should market your cooking oil and build a brand for your product. You can also explore digital market space for customer acquisition and retention.

If you do not want to set up an oil mill, you can also opt for a cooking oil agency business. Taking a well-known brand franchise is also a promising idea to earn substantial profits without much risk and investment.

Profit Potential of Cooking Oil Business

The edible oil business gives a return of 5 to 10% in the beginning. The premium segment offers a higher return of around 25% of the revenue. The target market for the premium segment is the upper class or the higher income group. You can start with the regular oil segment and then gradually diversify and expand your product portfolio.

Valuable Tips for Cooking Oil Business

• Set up your oil mill at a strategic location that is easily accessible and is well connected to the market.
• Train your employees to use the machines efficiently to produce the required output with minimum wastage.
• Promote your product extravagantly to the customers. You can take advantage of the digital platform and create a website for your business. You should offer something unique to the customers to amplify your revenues and profits.
• Use automated administration processes such as digital preparation of the accounts using Okcredit app, mechanical packaging, and recording the attendance and performance of employees using the Okstaff app.

1) How to start your tea manufacturing and marketing business? 2) How to start a pharmaceutical manufacturing company? 3) How to become a business broker & start business broker services? 4) How to Become A Successful SME Owner? 5) Best Ghee Brands in India 6) Best Olive Oil Brands in India

Stay updated with new business ideas & business tips with OkCredit blogs in English, Hindi, Malayalam, Marathi & more! Download OkCredit now & get rid of your bookkeeping hassles. OkCredit is 100% Made in India.

Q. Is the cooking oil business profitable?

Ans. Yes, the cooking oil business is immensely profitable as there is a huge demand for cooking oil in India. It offers good returns and has low risk.

Q. What are the monetary requirements for starting an edible oil business?

Ans. You can start a cooking oil business with a capital of Rs.5 lacs. You can easily arrange these funds yourself or take a loan. You can also take advantage of the subsidies offered by the government.

Q. What is the main machinery used in the oil mill?

Ans. The main machinery used in an oil mill is an oil expeller. It is used to extract oil from the seeds.

Q. How can I promote my cooking oil business?

Ans. You should advertise your product in the market, offer introductory discounts and free samples to attract customers, and use the digital medium to enhance your visibility and reach.

Q. Do I need a license to start my cooking oil business?

Ans. Yes, you need to obtain the necessary license from FSSAI for setting up your oil mill.

Read the best of business ideas, tips for small businesses, the latest update on technology & more by OkCredit.

Recent Posts

Cable manufacturers in india [5 best manufacturers], air compressor manufacturer in india [top 11 manufacturers], pet bottle manufacturers in india [top 7 manufacturers], paint manufacturers in india [6 best manufacturers], silk saree manufacturers in india [best manufacturers], you might be interested in, foreign direct investment(fdi) 101: a complete guide, series funding [types, how it works and more], sustainable architecture ideas that can improve our lives.

• Sustainability
• Flagship Programmes
• For Vendors

Javascript is not currently enabled in your browser. You must enable Javascript to run this web page correctly.

This Slider has all default settings.

Modal header.

The online application link for the post of Senior Accounts Officer/Senior Internal Auditor (Grade B) (ADVERTISEMENT NUMBER: EX RECT/F&A/2018-02) will re-open from 10:00 hours on 31.05.2018 to 17:00 hours on 06.06.2018. Other terms and conditions will remain same as the earlier advertisement.

Intensive Course

ANNOUNCEMENTS

Know more..., part-time program.

INVESTOR IN FOCUS Investor in Focus -->

Online course.

News News -->

For Vendors --> For Vendors

INTERACTION WITH PROSPECTIVE BIDDERS FOR OFFSHORE RIG PF PIPELINES FACILITY. INTERACTION WITH PROSPECTIVE BIDDERS FOR PROVIDING OFFSHORE DRILLING & COMPLETION SERVICES. Invitation For An Interactive Session With Prospective Contractors Of Oil And Gas Sector For Creation..... Interaction with EPC Contractors of Oil & Gas Sector – Execution of Projects in LSTK mode through EPC contracts E- Tender National Tenders Global Tenders Limited Tenders Expression of Interest OIL JVC Tender

Swachh Bharat

Under Govt Flagship Programme

CSR: Latest Development

As a part of the ongoing Project Rupantar for creating avenues for sustainable selfemployment, Oil India Limited extended financial support to 350 Joint Liability Groups with a total project cost of Rs 6.68 Crore (Rupees Six Crore and Sixty Eight lakhs) at a disbursement function held at Rupantar Growth Centre, Tipling, Duliajan on 7th June, 2019. Implemented by project partner, State Institute of Panchayat and Rural Development (SIPRD), Assam, around 1495 families are extended support in FY 2018-19, out of which 625 nos. are female and 870 male beneficiaries.

OIL India Ltd

Business development.

The Business Development department of Oil India Limited (OIL) is engaged in OIL’s growth through business development activities focussing on a two-pronged growth strategy; (i) through acquisition of Exploration & Production (E&P) assets outside India and (ii) through diversification into non-E & P energy value chain, such as, Renewable Energy, City Gas Distribution, Petrochemicals, pipelines and LNG business within India and outside.

VIDEO GALLERY

• Tata Steel share price
• 162.10 1.31%
• Tata Motors share price
• 963.20 -0.84%
• NTPC share price
• 350.90 -0.14%
• ITC share price
• 424.80 1.40%
• Power Grid Corporation Of India share price
• 281.70 0.54%

₹ 1 tn over the next 4-5 years" data-reg = "Indian Oil plans to invest ₹ 1 tn over the next 4-5 years">Indian Oil plans to invest ₹1 tn over the next 4-5 years

This comes in the backdrop of india’s largest refiner planning to add another 25 million tonnes per annum (mtpa) to its current refining capacity of 80.2 mtpa.

New Delhi: Indian Oil Corp. Ltd plans to invest ₹ 1 trillion over the next four to five years, chairman Shrikant Madhav Vaidya said in his speech at the 62nd annual general meeting of India’s largest refiner on Friday.

Indian Oil plans to add another 25 million tonnes per annum (mtpa) to its current capacity of 80.2 mtpa.

“Speaking about India’s energy future and the related opportunities, forecast by various agencies see Indian fuel demand climbing to 400-450 million tonnes by 2040 from the present 250 million tonnes. This offers enough legroom for all forms of energy to coexist," Vaidya said. “In fact, to cater to that demand surge, we are aggressively rolling out new projects. These translate into refining capacity expansion of over 25 million metric tonnes per annum (mmpta), including CPCL (Chennai Petroleum Corp. Ltd), and an investment commitment of close to ₹ 1 trillion over the next 4 to 5 years."

Indian Oil, which expects domestic demand for diesel to reach pre-covid-19 levels by Diwali, has a 32% share of the domestic market. This assumes importance given that energy consumption, especially electricity and refinery products, usually linked to overall demand in the economy.

“With the recovery in overall demand, refining and other related operational parameters have demonstrated an even more pronounced turnaround compared to the previous year," he added. “For the first quarter of this fiscal year, Indian Oil achieved a refinery run of 88.6% as compared to 68.5% in Q1 of FY21. The sales volume of petrol has already crossed pre-covid level, with diesel likely to reach there in the next 2-3 months, say by Diwali."

As per rating agency ICRA Ltd, petrol and diesel consumption in India is expected to grow by 14% and 10%, respectively, in FY22. India is a key refining hub in Asia, with an installed capacity of over 249.36 mtpa. It has 23 refineries and seeks to grow its capacity to 400 mtpa by 2025.

Indian Oil is expanding its petrochemical business in view of growing demand. It is in talks with Russia’s largest integrated petrochemicals firm PJSC SIBUR Holding to set up a large petrochemical facility in India, Mint had reported earlier.

“To strengthen our company’s long-term future, we are focusing on optimally integrating current refining processes to yield more chemical products per barrel of oil. This will intensify petrochemical and lubricant integration, leading to a diversified product portfolio and attain profit maximization," Vaidya said.

Milestone Alert! Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Wait for it…

Log in to our website to save your bookmarks. It'll just take a moment.

You are just one step away from creating your watchlist!

Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.

Your session has expired, please login again.

Congratulations!

You are now subscribed to our newsletters. In case you can’t find any email from our side, please check the spam folder.

Subscribe to continue

This is a subscriber only feature Subscribe Now to get daily updates on WhatsApp

Sunflower Oil Business In India, Plan, Cost, Profit, Requirements | SkillsAndTech

The name sunflower derives from its characteristic of turning its head towards the sun in the daytime. Through this process, the sunflower intakes and grasps the energy from the sun, which helps the sunflower in growing efficiently. Every single flower head nearly consists of 1,000 seeds which are surrounded by the petals of the flower. In addition to this, the sunflowers are capable of growing up to a height of 10 feet, and the roots can grow nearly 6 feet into the field. Since the sunflower is highly rich in quality, investing in the sunflower oil business can be a great choice for budding entrepreneurs.

Table of Contents

Introduction on Sunflower Oil Business

Lately, the consumption of sunflower oil has become popular among people. The major reason behind the massive popularity of the sunflower oil business is several qualities and health benefits of sunflower oil. In addition to this, sunflower oil is exceedingly nutrient-dense. Communing sunflower oil as a part of the diet can be extremely beneficial for health. Sunflower oil is abundant in Vitamin E (a powerful antioxidant known to protect the health of the organs, cells, and tissues of our body). It also plays a crucial role in improving the immune system of the body.

The below-given infographic displays a few qualities of Sunflower Oil.

• Sunflower is filled with omega 6 fats and Vitamin E.
• It is well-known for its high smoke point.
• Sunflower Oil is a good source of poly and monounsaturated fats.

The Idea behind Choosing this Business

Selecting to invest in the profitable Sunflower Oil Business is a great idea as this business can be set up with a moderate investment. But, intending to establish the sunflower oil business, you must understand the business with all its aspects. Therefore, here is a detailed guide that will help you in knowing and understanding everything about this profit-earning business idea. 

Let’s start now..

Why Choose Sunflower Oil Business??

Listed below are a few reasons that clarify choosing the Sunflower Oil Business:-

• Generally, Sunflower oil is considered as essential edible cooking oil. The quantity of oil the seeds of a big sunflower consists of ranges between 32-40% approximately.  
• At present, the sunflower oil sold in the market is majorly produced by the leaching and de-shelled pre-squeezing process. The de-shelled pre-squeezing and leaching process is the primary step taken to steer clear of the alkali effects, negative impact of much refining, and high temperature. 
• This process is done to preserve the nutrients present in the sunflower oil.
• Additionally, the sunflower oil is made of the pressed seeds of the sunflower. 
• This oil is safe to use for cooking and also garnishing salads. 
• Since the sunflower oil is light amber in colour and can withstand high temperatures while cooking, it can also be used as an alternative to butter and ghee.

Fruit Jam Making Business In India

Mobile Accessories Business In India

Plastic Business

Requirements to Set-up this Business

Business plan.

• The key requirement to set-up the sunflower oil business is to have a well-structured business plan. 
• You must have a clear strategy of the ideas you want to implement in your business 
• Additionally, study your target market thoroughly.
• Now, look for a suitable place to get the sunflower oil manufactured.
• To set up the sunflower oil business, a good investment is a compulsion.  
• Although the investment is large, but the profits earned in this business will overshadow all the investments made. 
• Moreover, if you fail to invest alone for establishing this business, you can look for an investor, a business loan, or a partnership.

Setting up the business unit

It is advisable to set up your business entity nearby an industrial area. 

Arrangement of resources

• The only essential raw material required to manufacture sunflower oil is the sunflower seeds. 
• You must check the quality of the sunflower seeds you will use to manufacture the oil. 
• Additionally, you are also required to procure the packaging consumables. 
• The costing of products plays a vital role in the market. 
• Therefore, selling sunflower oil at a nominal cost in the initial period will help you in making a good circle of customers. 

Reaching out to Departmental/ Grocery Stores-

• You can advertise and also sell your sunflower oil by contacting your nearby departmental stores.
• Additionally, offering good discounts on the sunflower oil in the initial phase will motivate the shop owners to buy the product in bulk. 

These were the important requirements that need to be fulfilled before setting up the Sunflower Oil Business. 

Secure a Location for your Business

• For establishing the sunflower oil business, acquiring the space of 5000 Sq. Ft is needed. 
• Since this business demands a lot of space, arranging for huge capital is a requirement. 
• Additionally, you should set up your sunflower oil manufacturing plant near the industrial area.
• Also, do make sure that the area you choose has a sufficient supply of water and electricity. 

Accurate Harvesting Time

Growing the Sunflowers can be an easy process, but having the right knowledge of when to harvest the sunflower seeds helps you in growing the sunflowers in a good quantity.

If you harvest the sunflower seeds too soon, you are more likely to have kernels inside the seeds. Additionally, if you harvest the seeds too late, the seeds may dry out.

Here are a few points you must keep in mind while deciding on when to harvest:-

• Harvest the sunflower seeds only when are developed and plump.
• Harvest when the petals of the sunflower begin to dry out and fall off.
• Harvest when the backside of the sunflower turns brown.

Oxygen Plant Business In India

Notebook Manufacturing Business In India

How To Start Car Driving School Business

License And Registration

To establish a this manufacturing business, you must obtain specific licenses is a must.

Registration of Firm:

You may start the small to medium Business either a Proprietorship or Partnership Firm.

If you are starting this Business as One Person Company, then you have to register your firm as a proprietorship.

For Partnership operation, you have to register as a limited liability partnership (LLP) or Pvt. Ltd. Company with Registrar of Companies (ROC).

GST Registration:

it is mandatory to get the GST number to run the business; you need to apply for the GST registration.

Trade License:

obtain trade license from local authorities

MSME/SSI Registration:

this MSME/SSI Registration will help you to get schemes and facility for the business offers by the state government

BIS certification:

BIS has mentioned the specific quality standard for Business. ISI specification for the

Safety and Standard Authority of India (FSSAI):

This business is categories under food processing business; therefore, you must have to take the FSSAI license.

Trade Mark:

you can secure your brand with trademark registration

IEC code: 

IEC code is essential for the export of the product

Employees 

state insurance which is an insurance scheme for workers.

ESI Registration:

Employees provident fund is compulsory for the business where more than 20 employees are working.

To comply with the above processes and registration, one might need any legal expert who would help in absolute legal compliance to meet industrial standards. 

Market Potential of Sunflower Oil Business

For assuring the success of Sunflower Oil Business, you need to study its market potential well.

• In recent years, the demand for sunflower oil has been increasing rapidly.
• This oil has maintained its popularity extensively amongst all the manufacturers, sellers, buyers, and consumers. 
• Sunflower Oil is majorly used for cooking at high temperatures (frying seeds, making meals) and is also used as a substitute for a few the dairy products like- margarine, butter, or even ghee. 
• Sunflower oil is also chosen for its neutral taste, and a small amount of sunflower oil is also used in lubricants, cosmetics, and resins.

Machinery Equipment and Manufacturing Cost

Here is a list of the machinery along with its cost that you will require to establish the Sunflower Oil Business:-

• Screening or cleaning machine costs ₹3.45 lakh approximately.
• Cooker and filter press will cost you between ₹60,000 to ₹80,000.
• The screen expeller will cost you between ₹25,000 to ₹30,000. 
• The packaging consumable kike, empty plastic bottles, big cans, etc., will cost near around ₹10,000.  
• Additionally, the storage tank will cost ₹50,000 approximately.

Sanitizer Manufacturing Business In India

Diaper Manufacturing Business In India

Zerodha Sub Broker

Sunflower Oil Manufacturing Process

• Put all the sunflower seeds together and wash them thoroughly to remove all the dust.
• Now, clean all the seeds and put them to dry. 
• Once the seeds are dried off, put them for pressing. 
• During the process of oil pressing, the sunflower seeds are put in the screw press machine. Through this process, the oil is screewed up in the barrels of the machine.
• After the oil is extracted from the sunflower seeds, it is poured for refining. 
• The sunflower oil is refined to remove the bitterness, odour, and colour. 
• In the process of refining, the sunflower oil is heated at a high temperature of 50°-85°. 
• After refining the oil, it is deodorized, bypassing the steam over it. 
• In addition to this, a small amount of citric acid is also added to prevent oxidation in the oil.
• The sunflower oil is now ready to be packed in large containers, empty bottles, or cans.
• You can now export your sunflower Oil.

With the rapidly changing time and lifestyle of people these days, health is being given priority. Additionally, the major reason that makes people worry about their health, as well as immunity, is the highly increasing health issues, diseases, and the rising cases of the deadly COVID-19 pandemic. Therefore, rectifying the eating habits plays a major role in taking care of health. Hence, choosing to add cooking your daily meals in sunflower oil will be a great choice. Using Sunflower Oil results in improving the functioning of your heart and also energizes your body. That is why it can be stated that choosing to invest in the Sunflower Oil Business can lead you to generate great profit.

You May Also Like

Mustard Oil Extraction Business Cost, How to Start, Investment, Profit | SkillsAndTech

How To Start Leggings Making Business | SkillsAndTech

How To Start An Event Planning Business In India| SkillsAndTech

NewsApp (Free)

West Asia tensions stall India's plans to import crude oil from Iran

The latest flashpoint in West Asia has derailed India’s preliminary plans to resume crude oil imports from Iran, officials said.

In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had been studying proposals for the same, given that India was trying to expand sources of imports.

“We are always monitoring the situation when it comes to crude flows.

"There had been proposals to resume crude oil imports from Iran.

"But given the current state of affairs, that plan has now been put aside,” a petroleum ministry official said on Monday.

India has so far refrained from purchasing crude oil from any country facing global sanctions.

The government considered importing Venezuelan oil once the US lifted sanctions on the South American nation.

The issue may have been discussed during recent bilateral meetings during External Affairs Minister S Jaishankar’s visit to Iran in January.

New partnerships

One of the motivations behind the move was that shipments from Iran would be better shielded from regional instability.

“Shipments from Iran take place through the Persian Gulf and Gulf of Oman, where the Houthi militias have limited presence,” an official said.

Given that the Houthis are also allies of the Iranian regime, they were also not expected to go against trade deemed important by Tehran.

After more than a year of securing major shipments of Russian crude, India is increasingly looking to re-establish supplies from its traditional partners in West Asia.

As of January, Iraq and Saudi Arabia were the second and third-largest sources of crude for India according to official data.

The plan to test whether imports from Iran can begin was part of this larger effort, another official said.

Yet, imports from Russia have increasingly faced tighter restrictions, due to the US imposing fresh sanctions against Russia’s prominent tanker group, Sovcomflot, in February, and facing growing challenges in processing payments.

The discounts received by India had also come down to their lowest since the invasion of Ukraine in late-2023 to $3-4 per barrel.

Bypassing sanctions

Iran was the third-largest source of crude oil supplier for India till 2018-19, when imports had topped at $12.1 billion.

In June 2019, the US Presidential administration under Donald Trump placed fresh sanctions on the country due to its nuclear programme.

With Washington removing an exception for countries like India to source oil from Iran, the trade was cut off from accessing US dollars.

As a result, Iran went from becoming the ninth largest crude oil exporter in 2018 to the 71st as of 2021, OPEC figures show.

While Indian refiners are yet to negotiate spot purchases from the country, Iranian crude is increasingly being offered by traders under the garb of Malaysian oil, Business Standard has earlier reported.

Crude oil currently makes up a staggering per cent of Iranian exports, according to the Atlas of Economic Complexity, a repository of trade data maintained by Harvard University.

In the absence of buyers, an increasing share of Iranian crude has diverted towards China, feeding nearly 10 per cent of China’s gigantic crude requirements, Reuters has reported.

Casting a shadow

• Shipments from Iran better shielded from regional instability
• After more than a year of securing major shipments of Russian crude, India looking to re-establish supplies from West Asia
• Indian refiners yet to negotiate spot purchases from the country
• However, Iranian crude increasingly being offered by traders under the garb of Malaysian oil

Moneywiz Live!

More like this

The mesmerizing watches of geneva, 'take staggered approach to smallcaps'.

India Business News   |   Indian Stock Market News   |   Bollywood Movies   |   Indian Cricket News   |   India News

Business Ideas

Investment Ideas

Make Money at Home

• Bitcoin and Xcoins
• Earn On Social Networking
• Freelancing
• Make a Website
• Money Making Apps
• Affiliate Marketing
• Online Surveys
• Start a Blog
• Web Hosting

Startup Ideas

• Your Passion Your Money

Make Money Online

How To Start Mustard Oil Making Business – In India

Table of contents, benefits and uses of mustard oil, the machinery required to staty a mustard oil making business in india, the process of making mustard oil in a small-scale unit, pre-treatment of mustard seeds, cleaning of mustard seeds, heating of mustard seeds, mustard oil pressing, refinery of crude mustard oil, filtration of mustard oil, oil filling/ bottling, investment required to start mustard oil making business, profit-margin in mustard oil making business in india       , marketing strategies for promoting your product.

Introduction on how to start Mustard Oil Making business in India

Mustard Oil is one of the traditionally valued oils in the Indian continent. It has several health benefits which are procured from pure seeds of mustard. The article today will highlight what you know regarding the mustard oil manufacturing process, how much amount is needed to start up a small mustard oil mill in India. With the installation of the mustard oil production machine, the stages to start the Mustard Oil Making Business Plan has been easier and also rapid. It is even good to know the requisites or license for beginning a mustard oil plant in India. 

A step by step guide process to start a Mustad Oil making Business

The application of mustard oil is the last step while going through the stages to start mustard oil making a business plan. In this step, you can see numerous applications of mustard oil and this article has listed some of the applications of mustard oil. The following are the uses of mustard oil: 

• It is used for revitalizing hair. 
• It is considered good for cardiac health. 
• It finds its application as an antifungal and antibacterial agent. 
• It is also used vitally for skin therapy.

Business plan for starting the Mustard Oil small-scale unit

Mustard Oil is very popular in India and also other parts of Asia. The below steps will showcase you how to start a Mustard Oil Making business plan: 

Step – 1: Firstly, you must know how much money is required to open up a small mustard oil mill in India. 

Step – 2: Next, what is the machinery needed for the manufacturing of mustard oil. 

Step – 3: Thirdly, what is the manufacturing process of mustard oil? 

Step – 4: After that, what are the needed license for beginning a mustard oil plant in India. 

Step – 5: Finally, the uses of mustard oil. 

All the above stages to start a mustard oil making business plan can be summarized in the following: 

You must know how much money is required to open up a small mustard oil mill in India.

Registration, license, and permissions required for starting a small-scale mustard oil plant in India

The next step in the steps to start mustard oil making business plan is about the needful license for starting a mustard oil plant in India. In this stage, you will have an idea of what are the licenses needed for the mustard oil making business.   

The following are the licenses and registrations needed for the mustard oil making business: 

• Income Tax 
• Mandi Act 
• Labor Laws such as the following: ESIC, EPFO, etc 
• CLU – for land 
• Electricity Bills 
• MSME Act 
• Need to get GST 
• Abide Factory Act 
• Procure FSSAI 
• Fire Safety 
• Environmental Clearance 

During the mustard oil making business plan, the machinery needed for the manufacturing of mustard oil is a very essential aspect. The machinery needed for the manufacturing of mustard oil is listed down: 

• 1-10 ton/day Small Plant of Mustard Oil 
• Mini Mustard Oil Plant 
• Mini Refining Equipment Set 
• Small Mustard Oil Refining Plant 

Pet-Tech Startups: Innovations for Animal Lovers

Tech repair services: meeting the demand for gadget maintenance, maximizing rewards: smart credit card habits for cashback and points, ultimate guide to making money from goat milk business, how to start an agricultural value added product business.

• Value-Added Business Ideas for Greenhouse: The Best Ways to Make Profits with Greenhouse Farming

The manufacturing process of mustard oil is the main and crucial step in mustard oil making a business plan. In this stage, the term mustard oil is used for 03 different oils that are generated from the seeds of mustard. Then 30% of this is obtained out of oil. The mustard oil plant must have the following workshops or units: 

• Seed Selection Workshop or Section 
• Oil Pressing Workshop or Section 
• Storage Workshop or Section 
• Packing Workshop or Section 
• Below you can see easy steps for the manufacturing process of mustard oil: 
• Pretreatment of Mustard Seeds 
• Cleaning of Mustard Seeds 
• Heating of Mustard Seeds 
• Mustard Oil Pressing 
• Refinery of Crude Mustard Oil 
• Filtration of Mustard Oil 
• Oil Filling/ Bottling 

The various stages for the manufacturing process of mustard oil can be explained shortly in the following way: 

Pretreatment of Mustard Seeds is the primary step in the manufacturing process. In this step, the mustard seeds must be carefully processed to attain the best quality that is needed for a good quality edible mustard oil that is done using the pre-treating machine mentioned below: 

• Cleaning Sieve 
• Stone Remover 
• Oil Seeds Hulling Machine 
• Flaking Machine 
• Crushing Machine 
• Seeds Extruder    

The next step in the manufacturing process of mustard oil is the cleaning of mustard seeds. In this step, the mustard seeds are properly cleaned to avoid foreign materials in the mustard oil pressing machines. 

Heating of Mustard Seeds is the following step in the manufacturing process of mustard oil. In this step, the seeds are heated for increasing the quantity of the yield.

In this stage, the preheated machines are now passed through the screw oil pressing machine to squeeze out mustard oil. 

Refinery of Crude Mustard Oil is the next step in the manufacturing process of mustard oil. In this step, we will obtain crude mustard oil and seed oil cake. To enhance the edible mustard oil for human consumption this step is very crucial. 

In this step in the manufacturing process of mustard oil, the filtration of mustard oil is done. In this step, without including any chemicals the machine crashes and squeezes mustard oil with the use of the mustard seed. This is the most suggested process as it enhances the quality of mustard oil, especially if the mustard oil is produced for edible purposes.

This is final step in the manufacturing process of mustard oil is the oil filling/bottling. In this step, using the oil filling machine, the refined mustard oil will be filled in bottles mechanically and precisely. 

How much money is required to start up a small mustard oil mill in India is the major step before you plan to start a mustard oil making business plan? Here, the mustard oil mill setup cost is based on the mustard oil manufacturing factory capacity. In the below section, you can find all the information related to the costs for the machinery and manpower: 

• Screw Oil Expeller – Rs. 1.5 Lakh       
• Oil Filter – Rs. 2 Lakhs                          
• Machine for Cooking – Rs. 0.5 Lakh   
• Machine for Cleaning – Rs. 0.5 Lakh 
• Oil Refining Unit – Rs. 0.5 Lakh

The following is the information of mustard oil mill running expenses: 

• Worker or Labor (Per Month) – Rs. 20,000
• Raw Material (Mustard Seeds) – Rs. 50,000
• Utilities (Per Month) – Rs. 1 Lakh 
• Other Expenses – Rs. 30,000

The profit-margin in Mustard Oil making business is estimated from 25-30% after deducting the total expenses from the capital amount. Then the leftover amount will be your profit, so you need to minimize the expenses incurred accordingly. You can also plan for used machines so that it will reduce your fixed capital investment.

You should not miss this: How To Start Biryani Business In India .

You can promote your product through social media websites. You can logon to B2B and B2C websites for selling your product online. Give the samples of your product in the nearby restaurants, hotels, Ayurveda stores, supermarkets, etc. It has great demand in the market because of its high medicinal values and health benefits. 

In case if you are interested in this: Mustard Farming Information .

I am interested of this business

I am interested this business. Plz more details about cooking machine and how to use and how to buy

How much land area required to establish a plan for Mustard oil business ?

I need more information about the Small Scale Unit

LEAVE A REPLY Cancel reply

Save my name and email in this browser for the next time I comment.

Value-Added Business Ideas for Greenhouse: The Best Ways to Make Profits with...

How to make profits with organic country chicken: best strategies for beginners, 10 value-added business ideas for millets: low-investment and highly profitable, why cleaning service business becoming more profitable in metro cities in india, 10 best businesses to start in ayodhya for profits, top drone business ideas in india: unlocking aerial innovation & opportunities, top 10 service businesses you can start with no money, ultimate guide to starting a home-based advertising agency business, starting a nail salon near your location: check list, business plan, licensing,..., construction company name ideas: guide to create new construction company names, 8 best small businesses to start in hyderabad: low-cost and profitable, 10 best small businesses to start in massachusetts: low-cost and profitable, 10 best small businesses to start in maryland: low-investment and profitable, 10 best small businesses to start in delaware: low-investment and profitable, 10 best small businesses to start in connecticut: low-investment and profitable, ideas to make money in india – a full guide, mudra yojana loan scheme, eligibility, how to apply, profit in dry fruit business (cost to start), how to make money from rice mill business in india, profitable agriculture business ideas in india, government loans for women entrepreneurs in india.

India's crude oil imports remain stable at 232.5 million tons in FY 2023-24

• Medium Text

The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.

Reporting by Anushree Mukherjee in Bengaluru; Editing by Daniel Wallis

Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab

Business Chevron

Tesla cuts price of Full Self-Driving software by a third to $8,000

Tesla slashed the price of its Full Self-Driving (FSD) driver assistant software to $8,000 from $12,000 in the United States, as CEO Elon Musk doubles down on self-driving technology.

We've detected unusual activity from your computer network

To continue, please click the box below to let us know you're not a robot.

Why did this happen?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy .

For inquiries related to this message please contact our support team and provide the reference ID below.

• Ground Reports
• 50-Word Edit
• National Interest
• Campus Voice
• Security Code
• Off The Cuff
• Democracy Wall
• Around Town
• PastForward
• In Pictures
• Last Laughs
• ThePrint Essential

New Delhi:  Investors and businesses are banking on a third term for Prime Minister Narendra Modi for “further easing of stifling investment restraints” in India, says an article in Financial Times . Stating that the nation is in a “global sweet spot”, it also says, “While Modi has built an image of being a competent economic steward, his micromanagement has had unintended consequences”. Despite improvements, adds the report, challenges such as “complex tax regulation, difficulties in acquiring land, rigid labour laws, weak intellectual property enforcement and clogged courts” remain. 

The Irish Times,  in   an 11 April 2024  editorial ,  says that Narendra Modi and the BJP “seem set for an even greater parliamentary majority than in 2019”, noting that Modi has also “leant heavily on a widespread crackdown on free speech and opposition parties, with hundreds of politically targeted corruption and tax cases filed against opposition MPs and leaders. India’s democratic credentials have been severely tarnished”. The editorial also draws comparisons with Hungarian Prime Minister Viktor Orban and Turkish President Recep Tayyip Erdogan, calling it “the age of strongman leaders” and “their illiberal democracies”. The Indian Ambassador to Ireland called the editorial “highly biased” and “prejudiced” in an X post , attaching a letter that responds to the allegations: “All cases of corruption are pursued strictly as per the established procedure, with availability of usual judicial remedies to the affected parties.”

In an 11 April report ,  The Economist  analyses the impact of India’s imports of Russian oil domestically and globally. India has emerged as the second-largest importer of Russian oil, it says. Highlighting that India’s imports have been important in preventing “a supply crunch”, the report states that the country’s influence on global oil markets will only increase.  

In a  The Global Times  video, Charles Liu, a senior fellow at the Taihe Institute, a Chinese think tank on business and commerce, argues why India is “not ideal factory site for Tesla due to infrastructure, business environment “ . Comparing India and China, he says, “India has poor infrastructure, lack of supply chain and negative business environment.” He goes on to elaborate why China is a better choice. To Elon Musk, he says: “Good luck, Elon Musk… If you’d attempt to do it in India, I think you’re going to need it.”

Middle East crisis deepens as Sudan reels under war

Israel’s top general has warned of a response to Iran’s missile and drone attack, but what kind of a response he is referring to is still unclear. In  this article ,  Foreign Policy  explains three ways Israel could respond to Iran. 

“An entire generation of children in Sudan faces a catastrophe as the war enters its second year,” says UNICEF in its  latest report . It highlights that “the lives, educations and futures of a generation of Sudanese children hang in the balance”. In  BBC’s Letter from Africa  series, writer Zeinab Mohammed Salih  pens down  what she has been witnessing as a journalist in Sudan and the impact on her mental health. 

(Edited by Madhurita Goswami)

Also read: Iran’s response to Israel’s attack is a turning point in history. Will Netanyahu fold?

Subscribe to our channels on YouTube , Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here .

• 2024 Lok Sabha Elections
• Iran Israel
• Narendra Modi

LEAVE A REPLY Cancel

Save my name, email, and website in this browser for the next time I comment.

Most Popular

In odisha’s kendrapara, the fight is between bjp’s baijayant panda and the legacy of biju patnaik, mihir bhoj row, rupala remarks, not enough tickets — why western up’s rajputs are angry with bjp, ‘killer’ cold waves in oceans lead to migration of marine species, finds nature climate change study.

Required fields are marked *

Copyright © 2024 Printline Media Pvt. Ltd. All rights reserved.

• Terms of Use
• Privacy Policy

• India Today
• Business Today
• Reader’s Digest
• Harper's Bazaar
• Brides Today
• Cosmopolitan
• Aaj Tak Campus
• India Today Hindi

Oil prices surge over 4% amid escalating Middle East tensions

The surge in oil prices followed reports of israeli missiles attacking a site in iran..

Listen to Story

• Crude oil prices surge over 4% amid Middle East conflict
• Brent crude reaches $90.54 a barrel
• US West Texas Intermediate (WTI) crude at $86.09

Crude oil prices saw a surge on Friday, escalating over 4%, fuelled by the conflict in the Middle East with Israel launching an attack on Iran.

Brent crude, the global benchmark, soared above $90 a barrel in a sudden upward move.

Brent oil surged by 3.94% to $90.54 a barrel, while the US West Texas Intermediate (WTI) crude futures jumped by 4.06% to $86.09.

The surge in oil prices followed reports of Israeli missiles striking a site in Iran. Iran's Fars news agency reported explosions at an airport in the Iranian city of Isafahan.

Throughout this year, crude oil prices have been on the rise, seeing a rise in escalating tensions in the Middle East and OPEC supply cuts, which have tightened the market.

Investors have closely monitored Israel's response following the April 13 Iranian drone attacks on Israel. The geopolitical risk premium in oil prices had been easing earlier in the week, as there was a perception that any Israeli retaliation to Iran's attack would be tempered by international pressure.

In terms of global crude oil supply, Venezuela faced a setback as it lost a crucial US licence permitting the OPEC member to export oil worldwide. The US imposed sanctions on Iran, another OPEC member, targeting its unmanned aerial vehicle following Iran's drone strike on Israel last weekend.

However, these sanctions on Iran exclude its oil industry.

Iran reportedly deployed air defence systems early Friday morning following reports of explosions near a major airbase in Isfahan, as per the state-run IRNA news agency.

The situation regarding whether Iran was under attack remained unclear. However, tensions remained high after Iran's unprecedented missile-and-drone assault on Israel. The Israeli military refrained from an immediate comment on the matter.

These missile launches by Iran occurred after an offensive on targets around Israel the previous Saturday, as reported by Israeli military authorities. The attack involved the launch of over 300 unmanned drones and missiles by Iran. Published By: Sonu Vivek Published On: Apr 19, 2024

Brazil's Plans to Drill for Oil in the Amazon Hit Stiff Indigenous Resistance

Brazil's Plans to Drill for Oil in the Amazon Hit Stiff Indigenous Resistance

A drone view shows the Uaha village on the Jumina indigenous land, near the mouth of the Amazon in Oiapoque, State of Amapa, Brazil March 21, 2024. REUTERS/Adriano Machado

By Marta Nogueira and Fabio Teixeira

OIAPOQUE, Brazil (Reuters) - State-run energy firm Petrobras has hit growing resistance from Indigenous groups and government agencies to its premier exploration project, which would open the most promising part of Brazil's northern coast to oil drilling. 

    Environmental agency Ibama denied Petrobras a license for exploratory drilling offshore in the Foz do Amazonas area last year, citing possible impacts on Indigenous groups and the sensitive coastal biome. But a Petrobras appeal for Ibama to reverse its decision has drawn powerful political backing.

    President Luiz Inacio Lula da Silva said in September that Brazil should be able to “research” the region’s potential resources, given the national interest. Energy Minister Alexandre Silveira last week told journalists that it is “Brazil's right to know the potential” of the offshore fields.

    That has bolstered bullish rhetoric from Petrobras about its chances of getting a license to drill in the blocks off the coast of Amapa state.

    "Get ready Amapa, because we are arriving," Petrobras CEO Jean Paul Prates told local politicians and oil executives at an event last month promoting offshore exploration along the northern coast in an area known as Equatorial Margin. He called it "perhaps the last frontier of the oil era for Brazil."

    He has said he expects to start drilling in the second half of this year or sooner in the most promising part of the Equatorial Margin, named the Foz do Amazonas basin, for the mouth of the Amazon River several hundred kilometers away. Foz de Amazonas shares geology with the coast of nearby Guyana, where Exxon is developing huge fields. 

Ibama chief Rodrigo Agostinho said in November that a decision would be made in early 2024, although labor disputes at the agency have since slowed the pace of environmental licensing.

    Visits to four Indigenous villages, interviews with over a dozen local leaders, and previously unreported documents show organized opposition mounting to Petrobras' attempt to reverse the halt on exploratory drilling.    

    Petrobras has drawn fresh government scrutiny. Indigenous affairs agency Funai asked Ibama regulators in December to run several more studies to assess impacts, according to a Dec. 11 government memo from Funai to Ibama obtained in a freedom of information request. The proposed studies would have to be done before Ibama can decide whether to accept the Petrobras appeal.

    In July 2022, the Council of Chieftains of the Indigenous People of Oiapoque (CCPIO), an umbrella group representing more than 60 Indigenous villages in the area, asked federal prosecutors to get involved, denouncing an alleged violation of their rights.

    Brazilian prosecutors have a mandate to protect Indigenous peoples, often taking their side in disputes with firms or federal and state governments. In September 2022 they recommended that Ibama not issue the license before a formal consultation of the local communities.     Records from the prosecutors’ preliminary investigation, seen by Reuters, show that in December 2023, CCPIO asked them to broker a 13-month formal consultation with Petrobras about Indigenous views on the project.

    The consultation process, along with studies proposed by Funai, would push a decision into 2025 when Brazil will host the COP30 climate change summit in the Amazon city of Belem, which could make it more politically difficult to approve drilling, a person close to CCPIO told Reuters. 

    Minutes from a June 2023 meeting between Petrobras, CCPIO leaders and prosecutors show the company offered to consult local communities about eventual commercial oil production in the area, if Ibama requests it, but did not commit to a consultation before drilling exploratory wells.

    Asked about Indigenous leaders' calls for immediate consultations, Petrobras told Reuters in a statement that the time for such requests has passed.

    “The definition of whether or not it is necessary to consult indigenous peoples and/or traditional communities takes place at the initial stage of the environmental licensing process,” Petrobras said.

    Ibama has not yet replied to the recommendation by Indigenous affairs agency Funai late last year for more assessments of the effects of Petrobras' exploration plans, according to an April 3 Funai document seen by Reuters.

    Both agencies did not reply to requests for comment by Reuters. CCPIO and prosecutors said a consultation must be made before Ibama issues a license to drill.

    FAULT LINES    The drilling standoff has created a fault line in Lula’s government, which is balancing his vows to protect the Amazon and its Indigenous people with the interests of Petrobras and political allies that stand to reap the benefits of a new oil-producing region.

    Silveira, the energy minister, has said that a single Foz de Amazonas block off the coast of Amapa state could yield more than 5.6 billion barrels of oil, which would be the company's biggest discovery in over a decade. 

    In its appeal to Ibama, the company said that exploration will have no negative impact on local communities.

    “We ratify the understanding that there is no direct impact of the temporary activity of drilling a well 175 km from the coast on Indigenous communities,” Petrobras said.

    Local people and some environmentalists warn that drilling could threaten coastal mangroves and vast wetlands rich with fish and plant life, while disrupting the lives of the 8,000 Indigenous people in Oiapoque, on Brazil's far northern coast.    

    The CCPIO, the highest Indigenous authority in Oiapoque, is composed of more than 60 caciques, or chieftains, representing over 8,000 people. They do not oppose the search for oil per se, but invoke what they say is a right to prior consultation by Petrobras, with supervision from the federal prosecutors’ office and Funai.

    The International Labor Organization convention 169, which Brazil signed, says that governments must consult Indigenous and tribal peoples through their representative institutions, whenever considering legislative or administrative measures that may affect them directly. 

    CHANGE AFOOT

    The plans to drill are already changing Oiapoque. Waves of migrant workers have arrived looking for jobs in an oil industry that does not yet exist, state lawmaker Inacio Monteiro said.

Monteiro said he meets often with Indigenous constituents, talking to them about the benefits that Petrobras could bring to Oiapoque, including jobs, tax revenue and social programs.

   Yet CCPIO and its allies have become increasingly vocal with their resistance as Petrobras garners support for its appeal, including at the COP28 climate summit in December, where Luene Karipuna told a panel that Petrobras and local politicians had tried to silence her people.

    "Strategically, this prior consultation is our only safety net," 25-year-old Karipuna, who is studying to be a teacher, said near her home in the Santa Izabel village, where marshes fill with seawater at certain times of the year.

  When the rivers run low, tides bring in saltwater fish the villagers eat, but some interviewed by Reuters fear it could just as easily bring oil spills. 

    POLITICAL PRESSURE

    Indigenous leaders said a full-court press from local politicians in support of Petrobras was on display at a May 2023 public hearing that Monteiro, the state lawmaker, called just days after Petrobras' license was denied.

    Amapa's political powerbrokers, including key Lula allies, rallied within days at Oiapoque's town hall for the hearing to promote Petrobras' plans to drill.

    At the event, one man in a white polo shirt and a feathered headdress, Ramon Karipuna told the crowd that Indigenous people were in favor of drilling, according to minutes of the meeting seen by Reuters. 

    Karipuna said he spoke for the coordinator of the CCPIO council of chieftains, who was absent for "health reasons." 

    Petrobras later cited Karipuna's endorsement in its appeal of the denied drilling license and described him as a "CCPIO representative."

However, CCPIO coordinator Cacique Edmilson Oliveira told Reuters he was not sick that day. CCPIO had refused to take part in the hastily summoned event, according to a May 18 letter sent in response to Monteiro’s invitation to the hearing and seen by Reuters.

"This is very concerning. That's why we are saying that we already feel threatened," Oliveira said, accusing Petrobras of distorting the views of Indigenous leaders. "We never sat down and reached an agreement for approval."

    In a telephone interview, Karipuna confirmed he worked at the town hall and that he is not a member of CCPIO – even though Petrobras used his words as its main argument to Ibama that Indigenous representatives supported drilling. He also backed away from his comments in favor of drilling.      

"To this day many people have doubts about this Petrobras business,” he said. 

Asked about its mischaracterization of Karipuna, Petrobras cited the minutes of the May 2023 meeting, without elaborating.

(Reporting by Marta Nogueira in Oiapoque and Fabio Teixeira in Rio de Janeiro; Editing by Brad Haynes and Alistair Bell)

Copyright 2024 Thomson Reuters .

Tags: environment , pollution , Brazil , South America

The Best Financial Tools for You

Credit Cards

Personal Loans

Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved or endorsed by any other entities, such as banks, credit card issuers or travel companies. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired.

Subscribe to our daily newsletter to get investing advice, rankings and stock market news.

See a newsletter example .

You May Also Like

Oil stocks tied to crude prices.

Wayne Duggan April 19, 2024

7 Best Dividend ETFs to Buy Now

Jeff Reeves April 19, 2024

Could Energy Costs Suppress Bitcoin?

Dmytro Spilka April 19, 2024

Best Tech ETFs to Buy

Coryanne Hicks April 19, 2024

15 Best Dividend Stocks to Buy for 2024

Ian Bezek April 19, 2024

Commodity Stocks to Buy for Dividends

Matt Whittaker April 18, 2024

ETF vs. Index Funds: What to Know

Tony Dong April 18, 2024

Best Actively Managed ETFs

Glenn Fydenkevez April 18, 2024

8 Top Nancy Pelosi Stocks to Buy

Wayne Duggan April 18, 2024

7 Best Manufacturing Stocks to Buy Now

Jeff Reeves April 17, 2024

What's a Self-Directed IRA?

Kate Stalter April 17, 2024

5 Cloud ETFs to Buy Now

Coryanne Hicks April 17, 2024

8 Best Stocks to Buy Now With $1,000

Wayne Duggan April 16, 2024

Mutual Funds vs. Stocks

Marc Guberti April 16, 2024

7 Best Semiconductor ETFs to Buy in 2024

Tony Dong April 16, 2024

7 Best Funds to Hold in a Roth IRA

Money Market Funds to Buy for Safety

Tony Dong April 15, 2024

Smart Tax Strategies

Kate Stalter April 15, 2024

Best Long-Term Stocks to Buy and Hold

Glenn Fydenkevez April 15, 2024

6 Best Nasdaq 100 ETFs

Wayne Duggan April 15, 2024