How to Start Cardamom business in India? | Start Cardamom Export Business | Corpbiz

India's #Cardamom have long been known for their superior flavour and quality. Because of its varied topographical regions, the country's diverse climatic conditions make it suitable for harvesting a wide range of Cardamom. Chilli, turmeric, ginger, pepper, coriander, fenugreek, cumin, garlic, curry powder, spice oils, cardamom, and other Cardamom are supplied by India. To this day, India produces over 75 of the world's 109 spice varieties. This implies that starting a spice #business in India is a viable option, and this article discusses the steps involved in establishing a cardamom business in India.
How to start cardamom export business-
1. Costing Involved In Starting Up A Spice Business?
The Indian Cardamom #market is projected to reach approximately USD 18 billion by 2021, with growth in the sector expects to be led by branded Cardamom and spice mixes. India being the allspice-producing country producing different types of Cardamom people are looking for ready-made food, and spice powder makes their cooking more accessible. Hence the usage of the spice powder is increasing consistently and futuristic.
Powdered Cardamom are convenient to use, and it saves time and physical efforts for preparing different delicious cuisine. Every commercial food industry like hotels, restaurants, catering business and many more are using powder Cardamom on a daily basis.
Spice powder makes it an easy and profitable business to start, and one can start this business with small-scale investment.
• Basic Investment : 50000 INR to 100000 INR
• Area Required: 250 Sq yard
• Profit Percentage : 50% to 70%
• Earning: Average Sale 100Kg /Day, 50000 to 150000 Per Month
Other additional expenses will include equipment maintenance, employee salaries and marketing costs.
2. Licensing Requirements
As spice powder is part of the food category hence, it has to satisfy a lot of regulations from state government such as follows,
• Registration of firm should be done depending upon the scale of business if its Pvt. Ltd. or partnership or single person company, the firm is registered accordingly.
• GST registration is also essential to gain GST number, which is a must.
• If it is SME, then companies can register themselves and get facilities and subsidies from the state government.
• Obtain trade license, FSSAI and apply for Trademark, BIS certification and IEC. It is advisable to obtain AGMARK certification.
3. Space Required
No massive space is required when it comes to starting a business with Cardamom, around 250 sq yard can be used for processing of pieces and other 250 sqyard is needed for the packaging of the Cardamom. Check commercial space where basic amenities are available such as water, electricity, etc.
The state government have restriction to start the food business from home hence ensure that the location is obeying the law of the government decided.
Make sure the location is transportation friendly and easily accessible to the target market.
4. Raw Materials Required
The essential ingredients required in spice powder are ungrounded Cardamom, and along with raw materials, you will need packaging materials which will act as protection of spice powder.
5. Machinery Usage
Grinding machine is necessary machinery required in spice business depending upon the scale of industries the equipment is used. Large scale industries use Impact Pulverizer machine while small scale industries use Double stage Pulverizer.
Other machinery such as spice grinder, weighing scale, packaging machine, compressor, roster are also required.
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