How to Start Micronutrient Manufacturing Project: Article: Page 126

How to Start Micronutrient Manufacturing Project:

Micronutrient manufacturing business involves a process of production, packing, and marketing. Knowledge about chemical industry is requied.

Micronutrients generally considered as an essential agrochemical for plant growth and play an important role in balanced crop nutrition. They include boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo), zinc (Zn), nickel (Ni) and chloride (Cl).

A lack of micronutrients in the soil can limit growth, even when all other nutrients are present in adequate amounts. Micronutrient is billion dollar industry has a scope of export.

Business Plan: Specific fertilizer grade of mix micronutrient can be produced by simply mixing process with the right formula. Fertilizer industry is highly organized and strictly controlled by Government department.

There are two types of micronutrients. One is for foliar spray another one is for soil application. In writing business plan determine that particular product. Calculate manufacturing cost including fixed and working capital investment. Plan about marketing and distribution. Get investors also by this process.

Compliance For Micronutrient Manufacturing: Register your business first. Obtain Trade License and Factory License. Check with the Government Agriculture Dept of your location. Get license for Manufacturing and marketing. Obtain ‘Consent to Establish’ and ‘Consent to Operate’ from Pollution Control Board.

Machinery & Equipment: set a workplace for factory operation and a lab space for testing the materials. Generally install mixer and grinder, a liquid boiling machine with a stirrer, liquid bottle filling machines, weighing machine, pouch filling machine, sealing machines and carton strapping machine. Set up the the spectrometer, thermometers and DM water plant.

Raw Materials: Raw material plays an important role in finished good’s quality. Major raw materials are magnesium sulphate, zinc sulphate, molybdenum, boron etc. Micronutrient comes in liquid and powder form. Mention on labels, about component, retail price, weight carefully

Manpower: You will need to recruit a chemist. Experienced Chemist is required. Other than factory workers you will need to recruit manpower for sales operation. Hire a product manager to conduct the training programs.

Promote Your Business: Huge product promotion is required the farmers. Focus on problems faced by the farmers and educate them how your product is useful there. Farmers training program is the most effective way in promoting micronutrients. Establish a distributor network to get success.

Wishing you all the best,