Corn starch, corn flour or maize starch is the starch derived from the corn (maize) grain. The starch is obtained from the endosperm of the corn kernel. Corn starch is a popular food ingredient used in thickening sauces or soups, and is used in making corn syrup and other sugars.

Starch or amylum is a carbohydrate consisting of a large number of glucose units joined by glycosidic bonds. This polysaccharide is produced by most green plants as an energy store. It is the most common carbohydrate in human diets and is contained in large amounts in such staple foods as potatoes, wheat, maize (corn), rice, and cassava.

Starch is processed to produce many of the sugars in processed foods. Dissolving starch in warm water gives wheat paste, which can be used as a thickening, stiffening or gluing agent. The biggest industrial non-food use of starch is as adhesive in the paper making process. Starch can be applied to parts of some garments before ironing, to stiffen them.

Maize Starch is a mixture of polysaccharides about 74% amylopectin and 26% amylose. It is a fine White Powder, odorless, taste slight and characteristic and microbiologically suitable as Pharmaceutical grade, useful in Pharmaceutical and Food Industry as a binder, thickener, disintegrating agents in tableting and various formulations.

Starch derivative is a growing industry, and with technological advancements taking place, new products are being launched on a regular basis. The various stakeholders in the industry are the raw material suppliers, processors, and the product manufacturers. Starch derivatives are applied in food & beverages, feed, and non-food applications like, pharmaceutical, cosmetics, paper making, bioethanol, and other industrial applications.Asia-Pacific Holds the largest market share in the global starch derivatives market, by geography, and is also estimated to achieve the highest growth rate. Any entrepreneurs venture into this field will be successful.

Few Indian Major Players are as under

·         Advanced Bio-Agro Tech Ltd.

·         Advanced Enzyme Technologies Ltd.

·         Anil Nutrients Ltd.

·         Aries Agro Ltd.

·         Aries Marketing Ltd.

·         Godrej Agrovet Ltd.

·         Hanuman Minor Oils Ltd.

·         Indo Euro Indchem Ltd.

·         Intercorp Biotech Ltd.

·         Jupiter Biotech Ltd.

·         K S E Ltd.

·         KapilaKrishiUdyog Ltd.

·         Kerala Feeds Ltd.

·         Maharashtra Agro-Inds. Devp. Corpn. Ltd.

·         Metahelix Life Sciences Ltd.

·         Origin Agrostar Ltd.

·         Pan Asia Global Ltd.

·         Rama PashuAahar Pvt. Ltd.

·         S O L Ltd.

·         Shalimar Pellet Feeds Ltd.

·         SnamVijaya Feeds Ltd.

·         SonitpurSolvex Ltd.

·         Sukhjit Starch & Chemicals Ltd.

·         Superhouse Ltd.

 

TABLE OF CONTENTS

1.       District Profile & Geotechnical Site Characterization

1.1.     General

1.2.     Physical Characteristics

1.3.     Climate and Rainfall

1.4.     Map

1.5.     Transport

1.6.     Economy & Industry

2.       Introduction

3.       Types of Starches

3.1.     Cationic Starches

3.2.     Starch Graft Polymers

3.3.     Oxidation of Starch

3.4.     Starch-based Plastics

3.5.     Encapsulation/Controlled Release

3.6.     Physically Modified Starch

3.7.     Pregelatinization of Starch in a Water-nonsolvent Solution

3.8.     Starch Granule Disruption by Mechanical Force

3.9.     Thermal Treatments

4.       Uses and Applications

5.       Properties

5.1.     Properties of Starch

5.2.     Physical Properties

5.3.     Chemical Properties

6.       Specification

7.       Utilisation Pattern of Maize

8.       Market Survey

8.1.     Starch Demand

8.2.     Starch Industry in India

9.       Financials & Comparison of Major Indian Players/Companies

9.1.     About Financial Statements of CMIE Database

9.2.     Profits & Appropriations

9.3.     Total Liabilities

9.4.     Total Assets

9.5.     Net Cash Flow from Operating Activities

9.6.     Section – I

9.6.1.  Name of Company with Contact Details

9.6.2.  Name of Director(S)

9.6.3.  Plant Capacity

9.6.4.  Location of Plant

9.6.5.  Name of Raw Material(S) Consumed With Quantity & Cost

9.7.     Section – II

9.7.1.  Assets

9.7.2.  Cash Flow

9.7.3.  Cost as % Ge of Sales

9.7.4.  Forex Transaction

9.7.5.  Growth in Assets & Liabilities

9.7.6.  Growth in Income & Expenditure

9.7.7.  Income & Expenditure

9.7.8.  Liabilities

9.7.9.  Liquidity Ratios

9.7.10.   Profitability Ratio

9.7.11.   Profits

9.7.12.   Return Ratios

9.7.13.   Structure of Assets & Liabilities (%)

9.7.14.   Working Capital & Turnover Ratios

10.   Export &Import Statistics Data of India

10.1.Export Statistics Data for Maize Starch

10.2.Import Statistics Data for Maize Starch

10.3.Export Statistics Data for Modified Starch

10.4.Import Statistics Data for Maize Starch

10.5.Export Statistics Data for Animal Feed

10.6.Import Statistics Data for Animal Feed

11.   Present Manufacturers

12.   Raw Material

13.   Manufacturing Process of Starch

14.   Manufacturing Process of Modified Starch

15.   Manufacturing Process of Animal Feed

16.   Process Flow Diagram

17.   Suppliers of Raw Material

18.   Suppliers of Plant & Machinery

18.1.Complete Machinery Suppliers

19.   Plant Layout

20.   Raw Material, Product & Machinery Photographs

 

PROJECT FINANCIALS

·         Project at a Glance

Annexure

·         Assumptions for Profitability workings ….…………………………………………....................... 1

·         Plant Economics…………………………………………………………………………….................... 2

·         Production Schedule……………………………………………………………………….................... 3

·         Land & Building…………………………………………………………………………….................... 4

§  Factory Land & Building

§  Site Development Expenses

·         Plant & Machinery………………………………………………………………………….................... 5

§  Indigenous Machineries

§  Other Machineries (Miscellaneous, Laboratory etc.)

·         Other Fixed Assets………………………………………………………………………….................... 6

§  Furniture & Fixtures

§  Pre-operative and Preliminary Expenses

§  Technical Knowhow

§  Provision of Contingencies

·         Working Capital Requirement Per Month………………………………………………................. 7

§  Raw Material

§  Packing Material

§  Lab & ETP Chemical Cost

§  Consumable Store

·         Overheads Required Per Month and Per Annum ……………………………………................. .8

§  Utilities & Overheads (Power, Water and Fuel Expenses etc.)

§  Royalty and Other Charges

§  Selling and Distribution Expenses

·         Salary and Wages ……………………………………………………………………………................. 9

·         Turnover Per Annum ………………………………………………………………………................ 10

·         Share Capital…………………………………………………………………………………................ 11

§  Equity Capital

§  Preference Share Capital

 

•        Annexure 1            ::        Cost of Project and Means of Finance

•        Annexure 2            ::        Profitability and Net Cash Accruals

§  Revenue/Income/Realisation

§  Expenses/Cost of Products/Services/Items

§  Gross Profit

§  Financial Charges    

§  Total Cost of Sales

§  Net Profit After Taxes

§  Net Cash Accruals

 

•        Annexure 3            ::        Assessment of Working Capital requirements

§  Current Assets

§  Gross Working Capital

§  Current Liabilities

§  Net Working Capital

§  Working Note for Calculation of Work-in-process

 

•        Annexure 4            ::        Sources and Disposition of Funds

•        Annexure 5            ::        Projected Balance Sheets

§  ROI (Average of Fixed Assets)

§  RONW (Average of Share Capital)

§  ROI (Average of Total Assets)

 

•        Annexure 6            ::        Profitability ratios

§  D.S.C.R

§  Earnings Per Share (EPS)

§  Debt Equity Ratio

 

•        Annexure 7            ::        Break-Even Analysis

§  Variable Cost & Expenses

§  Semi-Variable/Semi-Fixed Expenses

§  Profit Volume Ratio (PVR)

§  Fixed Expenses / Cost 

§  B.E.P

 

•        Annexure 8 to 11   ::        Sensitivity Analysis-Price/Volume

§  Resultant N.P.B.T

§  Resultant D.S.C.R

§  Resultant PV Ratio

§  Resultant DER

§  Resultant ROI

§  Resultant BEP

 

•        Annexure 12          ::        Shareholding Pattern and Stake Status

§  Equity Capital

§  Preference Share Capital

 

•        Annexure 13          ::        Quantitative Details-Output/Sales/Stocks

§  Determined Capacity P.A of Products/Services

§  Achievable Efficiency/Yield % of Products/Services/Items 

§  Net Usable Load/Capacity of Products/Services/Items   

§  Expected Sales/ Revenue/ Income of Products/ Services/ Items   

 

•        Annexure 14          ::        Product wise domestic Sales Realisation

•        Annexure 15          ::        Total Raw Material Cost

•        Annexure 16          ::        Raw Material Cost per unit

•        Annexure 17          ::        Total Lab & ETP Chemical Cost

•        Annexure 18          ::        Consumables, Store etc.

•        Annexure 19          ::        Packing Material Cost

•        Annexure 20          ::        Packing Material Cost Per Unit

•        Annexure 21          ::        Employees Expenses

•        Annexure 22          ::        Fuel Expenses

•        Annexure 23          ::        Power/Electricity Expenses

•        Annexure 24          ::        Royalty & Other Charges

•        Annexure 25          ::        Repairs & Maintenance Expenses

•        Annexure 26          ::        Other Manufacturing Expenses

•        Annexure 27          ::        Administration Expenses

•        Annexure 28          ::        Selling Expenses

•        Annexure 29          ::        Depreciation Charges – as per Books (Total)

•        Annexure 30          ::        Depreciation Charges – as per Books (P & M)

•        Annexure 31          ::        Depreciation Charges - as per IT Act WDV (Total)

•        Annexure 32          ::        Depreciation Charges - as per IT Act WDV (P & M)

•        Annexure 33          ::        Interest and Repayment - Term Loans

•        Annexure 34          ::        Tax on Profits

•        Annexure 35          ::        Projected Pay-Back Period And IRR