Imd millet foods presentation

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Brings Smart Food With Nutrition Ind Millet Foods Supported by Agri-Business Incubation(ABI) –ICRISAT(International Crops Research Institute for Semi Arid Tropics

Transcript of Imd millet foods presentation

Page 1: Imd millet foods presentation

Brings Smart Food With NutritionInd Millet Foods

Supported by

Agri-Business Incubation(ABI) –ICRISAT(International Crops

Research Institute for Semi Arid Tropics

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Smart food with nutritionWhat Problem We Address

Market : Lack of healthy food products especially millet based for the increasing population suffering from various lifestyle diseases

Environmental :Need for drought resistant crops like MILLET

Agricultural : Farmers need for crops like Millets which is economical to grow in India

70 million people in India affected by diabetes by 2015

73% of urban Indians are overweight

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Smart food with nutritionWhat Solution We Give

Market :Making available MILLET based foods products which are trendy & nutritious & can help reduce our lifestyle diseases.

Environmental : Consuming millets will encourage farmers in dry land areas to grow millet crops which are drought-resistant & environment friendly.

Agricultural : Millets has short growing season. They inherently require less fertilizers & pesticides. So economically good for farmers.

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Smart food with nutritionCompany & Mission Ind-Millet Foods is a startup food processing enterprise

aspiring to make a name in the food industry.

Ind-Millet Foods manufactures value added healthy food products of millets.

VISION : Making the world a better place by providing healthy & nutritious foods

MISSION : A company with the highest morals and ethical values. We see ourselves delivering tasty & healthy

products to the society, giving farmers the best price & empowering women economically

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Smart food with nutritionPRODUCTS IN THE MARKET

Jowar/Ragi Crispys(Masala .Tomato, Cheese Flavor)

Ragi Choco BallsMillet Biscuits

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Healthy Millet Food

Products

Sourcing of needed Millet grains directly from farmers

processing of

nutritionally rich Millet based food products

Advertising ,Branding, Marketing & Reaching customers directly or through other channels

partners

Innovations, Technical

know-how from Research

Institutes and product R&D.

6

Business Model

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Healthy Millet Food

products

Current Model : Cost optimization through

focus on core competencies and

production outsourcing where needed and

advantageous.

Proposed Model : Setting up a food processing factory with initial support

from an organization.

Packaging the product in

varied sizes and quantities as per market

demand

Marketing products in retail through

Marketing agency & distributors and

directly to institutional clients

like schools, hostels ,hospitals etc.

Revenue Model

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ProductHealthy, High quality ,Hygienic,Gluten-free, Highly nutritious ,High fiber, High protein & minerals, Attractive packaging, Mind captivating brand, Standard leveling

PlaceRetail Shops, High foot-count commercial places, Institutional food outlets(canteens), Schools,Health & fitness centers

PromotionNewspaper Advertising, Pamphlets, E -marketing, Exhibitions, Electronic Media

PriceAffordable price, Longer credit, Discounts

Marketing

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Competition

• Similar products like Kurkure, Bingo, Full Toss, Act II, which are generally made from corn meal exist in market.

• Although the market has varieties of snacks, there is least number of snacks that uses sorghum and millets as the main ingredients and this is what differentiates Ind-Millet Foods products

• Ind-Millet Foods want to stake on the nutritional value and health benefits provided by these grains to create tasty, modern and trendy products.

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• Sales - Three years(2017 to 2019 )

*1 batch(1 ton jowar processing) = 22,857 sku of 25 gm ** 1 sku basic price Rs. 12.74

Item 2017 2018 2019

Jowar crispys

9,60,000 sku(24 tons)

19,20,000 sku(4 tons /mts=48 tons)

48,00,000sku(10 tons /mts=120 tons)

Sales Value

(in Rs.)1,22,30,400 2,44,60,800 6,11,52,000

Business Projection (Millet Crispys)

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Status and Timeline

February,2014 : Incorporated venture “Ind-Millet Foods”

October,2014 : Started manufacturing products with outsourced party

January,2015 : Standardized the crispy. Started supplying products to BigBasket.com. Active member of ICRISAT “Smart Food Campaign".

October,2015 : Started own packaging factory.

Jan 2016 till date : Have clients like ICRISAT,Health stores in Telangana & Andhra Pradesh. Soon introducing in Amazon.com & Reliance Fresh Supermarkets. Tying up with a Marketing agency @ Bangalore for pan India sales. Upcoming products include Millet Energy Bar & Fortified Ragi Powder(for pregnant women & children)

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Smart food with nutrition ABOUT US

Founders

Support Organizations & Mentors

Madhavi PomarEx Research Associate, National Institute of Nutrition(NIN) Ex Analyst, Apollo Hospitals

Jayanthi SatramEx Research AssociateSipra Labs, Hyderabad.

Dibyajyoti Borgohain SaikiaEx Computer & Science TeacherOakridge International SchoolNasr Boys School

Aravazhi SelvarajCOO,INP,AIP-ICRISAT(Business development)

Saikat Dutta MajumdarCOO,NPK,AIP-ICRISAT(Product Development)

Dr. B Dayakar RaoPrincipal ScientistIIMR(Indian Institute of Millet Research

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Smart food with nutrition

AID NEEDED FOR

1.Working Capital2.Improving the product packaging3.Introducing new products4.Product marketing & promotion5.To set up the processing plant (now have

the packaging facility only)

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Smart food with nutrition

Ind-Millet FoodsFTPC, Plot No. 104,ALEAP Industrial Estate,

Pragati Nagar, Opposite JNTU,Kukatpally,Hyderabad-90

TIN:  36671870022 FSSAI : 13615010000377

[email protected]/rigdam9704724400,9676288476, 9866964135

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