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Vol. 11, Special Issue 10 (2022)

Value addition, break-even point and cost & return of processing of groundnut mill’s in Maharashtra

Author(s):
Gopal W Khorne, Rakesh D Ahire and Balasaheb C Andhare
Abstract:
The groundnut or peanut is a species in the family Fabaceae (Commonly known as the bean, pea or legume family). Groundnut oil, also known as peanut oil or arachis oil is a mild tasting vegetable oil derived from peanuts. Groundnut is produced in Maharashtra. Oilseed processing is the biggest component of oilseed sector. Primary oil milling is the considered to be the important activity in the oil-processing segment of the industry. However, primary milling adds little to shelf life, wastage control and value addition. Therefore, an attempt has been made to study the economics of processing and marketing of groundnut.
The primary data was collected by personal interviewing processor. Therefore the attempt was done to estimate per unit cost and returns of processing unit. An attempt, also been done to determine the break-even point of agro processing unit and optimum size of value addition in groundnut. In the light of the empirical evidences brought out from the study, the following result are drawn. In almost all size groups of groundnut, the investment in land constituted the main items of investment followed by factory building and machinery. The net returns per quintal for groundnut processing were found to be higher in case of large size oil mills as compared to medium and small size oil mills. Benefit cost ratio was also found to be higher in large sized mills. Break-even point of ground mills was higher in small size oil mills as compared to medium and large size oil mills. Value addition in processing unit of oilseed for groundnut was higher in large size oil mills followed by small & medium size groundnut oil mills.
Pages: 653-658  |  469 Views  359 Downloads
How to cite this article:
Gopal W Khorne, Rakesh D Ahire and Balasaheb C Andhare. Value addition, break-even point and cost & return of processing of groundnut mill’s in Maharashtra. The Pharma Innovation Journal. 2022; 11(10S): 653-658.

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