Economic Analysis of Processing Industry with Special Reference to Onion Flex by Dehydration Method in Pune District of Maharashtra

Research Article

Abstract

Abstract

Background: The fruit and vegetable processing industry play an important role in processing of agricultural products. India ranks third in the production of dried fruits and vegetables. The growth of this industry will bring immense benefits to the economy, raising agricultural yields, enhancing productivity, creating employment and raising life standards of people across the country, especially in rural areas. The commercial production of processed fruits and vegetables is very low in India, contributing only to around 2.2 percent of the total food production.
Dehydrated fruits and vegetables projects are a new product of value addition series where the shelf life is increased & space for storage is reduced along with easy transportation. Demand for fruits and vegetables are prevalent across length and breadth of the country throughout the year. However, due to specific climatic requirements availability/supply of most of these crops is seasonal. So, preservation through dehydration technique can play an important role.

Objectives: The research outlook was studied with following points. To examine the capital investment of the processing industry. To calculate the performance and feasibility parameters of the processing industry

Methodology: The dehydration unit “Naturals Agro Private Limited” located at Manjari Budruk in Pune district has been selected purposively for working out economics of dehydration of fruits and vegetables with special reference to Onion flex. Primary data were collected with the help of personal interaction with the Company Managing Director and Workers. Secondary data were collected from annual report, internet and company records.

Analysis of Data: This is done with the help of various type of mathematical & statistical tools like graph, table, charts & various formulas. The data phased on fixed cost, variable cost, Net Present worth, Breakeven point, Benefit cost ratio and payback period to work out the efficiency and feasibility of processing industries.

Result: The total Procurement of Onion was 2,550 kg which cost Rs. 12,750 which was procured in the month of January, February and March (2021-22).
B:C Ratio of Onion Flex was 1.2, it indicates that the B:C ratio is more than so these product is profitable to run the processing unit.