How much does it cost to set up a rice mill in Nigeria?
However, the cost ranges from N550, 000 – N10. 2million from cottage level to N57million for medium size plant and over N500million for large scale. Basic factors to consider in determining the initial cost include the capacity to produce, the source(s) of the machinery, whether to construct or rent, the location, etc.
How much money is required for rice mill?
The total requirement of paddy for an output of 600 tonnes will be 750 tonnes at recovery rate of 80%. The total cost of raw material and components is estimated to be about Rs. 40.50 lakhs per annum at 60% capacity in 1st year the cost works out to Rs24. 30 lakhs.
How much does it cost to harvest 1 hectare of rice in Nigeria?
It shows that per hectare cost of rice production was N212, 950.00. The total revenue (sales) per hectare was N252, 000.00 and the gross margin per hectare was N39, 050.00. The average yield per hectare was 3.5tons.
How much land is required for rice mill?
Generally, 1.00 to 1.50 acre of land is required for establishing an improved rice milling unit having an installed processing capacity of 2 MT/ hr. The total power requirement will to the tune of 75 KW.
How do I start a small rice mill?
To start Rice Mill Plant, one needs licenses and permit from your state government authority.
- Step 1: Register a Company.
- Step2: Udyog Aadhaar MSME Registrations:
- Step 3 – Factory License:
- Step 4 – NOC from pollution department:
- Step 5 – PFA and ESIC Registration:
- Step 6 – FSSAI License:
- Step 7 – GST Registration:
Is Rice Mill a profitable business?
Rice is among the top staple foods in India and huge quantities of different varieties are exported to different nations. Apart from the domestic markets, these mills are exported to various foreign markets as well. Setting up rice mill is definitely a profitable business.
How much rice can one acre produce?
General yield varies around 22-25 quintals per acre. Harvesting can be done either mechanically or manually. Manual harvesting requires human labor for cutting along with tractor for threshing.
Is rice mill a profitable business?
How can I start a rice mill?
What kind of equipment is a rice mill?
Small rice milling line is a professional equipment for paddy rice processing.This complete rice mill plant can process paddy into national standard rice just in one process. Pad……
How much does it cost to set up a rice mill?
As in any project, the cost of setting up rice mill plant project is dependent upon diverse factors. Apart from the capacity, various aspects including the level of technology, automated/ non-automated, raw material, personnel hired, packaging, and many others influence the costings.
How is the final cleaning of rice mill done?
The final cleaning is done by winnowing and gravity separation by hand. The steel single pass mill The single pass rice mill is an adaptation of the “Engleberg” coffee huller. This type of mill is still very popular in many of the poorer rice-growing countries and is widely used for custom milling of household rice.
What does a mini rice mill plant do?
Mini rice mill plant consists of rice feeder, rice destoner, combined paddy rice husker.small scale rice processing plant can produce high quality white rice with fewer broken r……
