Salt is important not only for taste, but also for health. Iodized salt is usually table salt that has been fortified with iodine. According to Sano, iodized salt compensates for the lack of iodine in the body, which relieves the thyroid gland as well as the tissues. Iodine also provides trace elements and minerals found in food.
Things to Keep in Mind Before Starting Salt business
With all of this in mind, if you are considering buying iodized salt, keep this in mind as you go ahead and start your iodized salt business.
Research the market
Iodized salt belongs to the FMCG segment, which means that the daily use of the product keeps the demand in the market. Interestingly, India is the third largest producer of iodized salt after China and USA. It’s like caring. Many traders are involved in this part of the market, so high selling prices, packaging and exports can be managed.
Create a project report
Before starting any type of business, it is important to consider all aspects carefully. Project reports help with this process. The purpose of a project report is to understand the issues that affect the business. It is important to understand and evaluate the technical and economic issues in each specific case.
It’s important to include your company’s name and other information, such as a mission statement and goals, in your project report. In technical questions, you should provide information about the nature of the market and the number of opportunities available to the new trader. In addition, the design report should mention the manufacturing process, availability of raw materials and quality control.
Meet financial need
According to your project report, preparing the necessary funds is an important task, as financial problems can cause problems for the business in the future. When considering financing applications, it is important to consider the cost of raw materials, the cost of moving goods and other costs of acquiring and working capital. However, a bank account can also help you.
Company registration
Before you can start working, you must register or register. Registration also has many benefits. The government has created many schemes that are very important for business registration. Apart from this, it is important to obtain a business license in the nearest city and obtain FSSAI approval and BIS registration for using the ISI mark on the packaging.
To install a manufacturing unit for making iodine salt
It is important to find a manufacturing facility that has everything you need to manufacture your equipment. As with any process in a manufacturing unit, waste must be properly handled after the process. If you want to open a small salt business, you need 1000 square meters of land for your plot.
Machine installs
The machine used in the production of iodine salt is as follows
- Silos: Silos made of stainless steel are available for a price of 1 lakh and above. It is used for storing food grains.
- Crushers: It is used in grinding raw materials. The salt crusher can be purchased for 1 lakh.
- belt conveyor: Its value depends on its size. Starting at 200 / m, it can be priced up to 60000/ m
- Spray chamber for potassium iodate solution: The starting price of the spray chamber can be 1.50 to 2 lakhs.
- Salt Mixer: The price of this machine used in salt mixing can start from 2 lakhs.
- Packaging Machine: Salt packaging machine can be purchased at a minimum price of 1.50 lakhs
Buying raw materials
According to the 1987 BIS standard, 50 parts per million of potassium iodate should be used to produce 30 parts per million of iodine. Therefore, it is necessary to buy the right ingredients. In addition, the plastic bags or cardboard needed for packaging must be kept as raw material.
Choose the right person for the job
To get the job done right, you need to hire the right people with the right experience and skills. You can search for new people every day, but there are topics that require more attention.
- Production head
- Machine operator
- Accountant
- Factory assistant
- Marketing manager
- Sales executive
Retail distribution
It is very important to make the right changes and strategies before developing a retail strategy. You can sell your products in supermarkets. In addition, products are sold and sold through online applications. This way you can make a well thought out decision.
For More Information about Iodized Salt visit Standard Salts.
