CHAIRMAN - BITEX IND... • 6m
Idea For You Implement Now — “ Packaged French Fries and Tater tots ” So Guy's according to my research in india Tater tots and French fries are widely Consumed, approximately 584 tonnes french fries are daily Consumed and 213,360 tonnes are annually consumed also Tater tots verities are consumed mainly in Homes in few occasions so roughly estimate is around 100 Tones daily and 36,400 Tones annually so if we calculate the total market size of Both things then it's ₹10,650 crore ( 1.28 billion dollars ) growing at CAGR of 5.3% and by 2034 , it will reach 18,700 crore ( 2.25 billion dollars ) in India so definitely there are so many opportunities for entrepreneurs . Problems — According to my analysis in India convince food market is growing at 16% so that's really fast and nowadays people's don't have time to cook everything and many students , working professionals , workers and other people's are living with this problem they don't have affordable snacks and easy to cook food for experiencing enjoyment with delicious satisfaction. Mostly brand's like McCain , Amul and other is targeting higher middle class of India by offering them really expensive item's so lower middle and middle class of India don't have any option to eat this even if you observe closely then these types of food made with potatoes and india is the largest Potatoes producers in the world so we can easily get good price if we directly Produce our potatoes in our farm . Solution — After analysing the market i come up with highly innovative and advanced working model for this Idea so firstly we need to setup our mass production facility near Village where good and low cost land available for potatoes farming , so with approach we will get affordable potatoes with good quality , affordable space for factory and affordable Labours for our production then we just need to simply buy few machines for producing frozen French fries and Tater tots — 1. Potato Washing and Peeling Machine 2. Potato Cutting Machine 3. Blanching Machine 4. Centrifugal Dehydrator 5. Continuous Fryer 6. IQF Freezer (Individual Quick Freezing Machine) or Blast Freezer 7. Vacuum Packaging Machine 8. Conveyor Belts 9. Water Recycling System 10. Oil Filtration System 11. Cold Storage Room/Walk-in Freezer 12. Brand Packaging machine • All machine Cost — ₹10 Lakh • Farm and factory set-up cost — ₹5 Lakh • Distribution and logistics — ₹5 Lakh • Sealed Packaging Cost — ₹3rs • Making 100 Gram pack — ₹10Rs • Distribution and logistics margins — ₹2Rs • Retail profit margin — ₹2rs • Net profit margin — ₹2rs ( 10% ) Ok then we need create a formulation for our snacks for providing 6 months shelf life and delicious taste , after this partner with all retail chains , Quick commerce companies and other potential customers then start producing it in bulk quantities for reducing the cost and scale it globally also partner with hotel , cafe , cloud kitchen and other.
Lifelong Learner • 1y
"McDonald’s Scent-sational Marketing" McDonald’s is innovating in advertising with a game-changing strategy in the Netherlands, using billboards that emit the scent of their famous french fries and burgers. These aren’t ordinary billboards; they st
See MoreHey I am on Medial • 11m
For the last three months, I have been eating a lot of street food. My daily routine includes eating momos, French fries, veg rolls, samosas, and lots of packaged snacks. However, last night, I ate 5 momos, 2 samosas, 2 stings, veg roll, chowmein, F
See MoreCHAIRMAN - BITEX IND... • 1y
Idea For You Implement Now Fast So guy's we all know that Indian's are addicted with coffee and tea . The market size of tea is 11.1 Billion dollars and coffee Market size is 450 Million dollars Here comes my idea so you just need this 12k coffee
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I want to develop a money exchange vending machine that can be placed at key locations such as bus stops, railway stations, and rickshaw stands. The machine will allow people to exchange currency notes for smaller denominations—for example, if someo
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