Food is the most basic necessity of life which has also developed into a lucrative business. Due to their busy lifestyles, people do not have time for cooking, due to which they prefer to take canned food. One can decide to start a packaged food business in India, focusing on the target in the market. Today, there are many food packaging companies in the market which are growing rapidly. You can select one and join it, which does both packaging and sales. However, to get involved with it, it is very important to do all the investigation so that the objectives can be fulfilled. To help you in such a situation, here we are giving a phased way to start a food packaging business. So keep up with the article.
Important points to start a food packaging business in India
- Creating a Business Plan: – To start a food packaging business, it is necessary to strategize about its management and its operations. For this, the entrepreneur must first choose the type of food he wants to start the packaging business. For this selection, you should choose such food and prioritize it. And whose packaging you can easily do. It may be risky to opt for packaging of foods with less demand. Therefore, plan it well in advance.
- Selecting the business structure: – It is also necessary to prepare a structure to conduct business planning. The entrepreneur should pay special attention to preparing the operation cycle. Entrepreneurs will have to search for sources to prepare a roadmap. If the entrepreneur wants to do both the manufacture and packaging of food, then magazines for trade and retail will help for that. Because it gives appropriate information.
- Location for starting the packaging unit: – Location is also important for the business of packaging. Because if it is not good then it affects the business. So for this, select a location that receives input without spoiling its quality. Therefore, the location of the packaging unit should be kept in such a way that it is easy to work with the purchase of raw materials as well as the sale of packaged goods.
- Bank Current Account: – One Current bank account It is important to transact at the time of denial. After this, all tax returns are filed through the current account dedicated to this business.
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Registration and license in the food packaging business
- FSSAI Registration: – The Food Safety and Standards Act 2006 mandates food licenses for business activities related to production, manufacture, processing, distribution, sale, import, export and stocking of any food or beverage. Special rules have been prescribed for the dairy business, processing units and hotels. For this FSSAI Registration Form has to be filled. When the registration process is complete, the enterprise gets a business unit and license to run the business.
- MSME Registration: – If doing this business as small units and subsidiary units having less than 10 million plants and machinery, they should MSME Under it, you have to register your business. This will also benefit them from the government.
- NOC certificate from the municipal body: – The entrepreneur must obtain a NOC certificate from the municipal body before starting his business unit.
- GST registration: – To legally conduct a business GST registration Filing is required. Returns have to be filed monthly, quarterly and annually, depending on the requirement of registration.
- Trademark Registration: – It is important for the safety of your business brand and slogan that your business unit is unique. This structure can be obtained after preparation. A trademark license should only have the name of one owner who is doing this business.
Major registration under FSSAI
- Basic Registration: – All small or startup businesses whose annual turnover is more than Rs. 12 lakhs require this registration. If sales increase, basic registration can be upgraded to a state license.
- State FSSAI License: – Medium-sized companies with an annual turnover of 12 to 20 crores are eligible for a state license.
- Central FSSAI License: – Large businesses with an annual turnover of more than 20 crores are generally eligible for a central license. It is also necessary to supply goods and services for government offices, import-export of food products.
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Scope of food packaging business in the market
- The food packaging market in India is rigid, semi-rigid and flexible depending on the product.
- Depending on the material, paper and paperboard, plastic, metal, glass and other things are used in the India food packaging market.
- Based on end-user, the India food packaging market includes bakery and confectionery, dairy products, fruit vegetables, meat and seafood, sauces and dressings and other items.
Requirement and training of employees in the food packaging business
FSSAI conducts staff training programs in handling food items. This includes all those who are associated with the food sector, in this they can get training in both food packaging and construction workers. Those who are willing to join this business have to teach aspects of food handling through the supply chain, retail and food preparation. When they get the training well then they are also awarded certificates by FSSAI.
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Essential machinery and equipment in the food packaging business
The machinery and kitchen equipment required in the food packaging business depends on the food being packed. Sometimes big machines and equipment are required for this, then there is a big cost. However, the government comes to the aid of the entrepreneurs in this. For example, Mudra loan can help small businesses to avail finance to buy machinery and equipment.
So the entrepreneur can start the business of food packaging after considering all these things and getting all the necessary licenses and registrations. It is necessary to follow all the rules.
Q: What is a food packaging business?
Ans: There is a business of packaging food items, so that food item is protected.
Q: Is packaging a good business?
Ans: Yes, because there is a lot of demand for this business in the market.
Q: How much does machinery cost in a food packaging business?
Ans: It depends on your food product, which product you are packaging.
Q: How to start a packaging business?
Ans: This business can be started with planning.
Q: Why is food packaging?
Ans: For security