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Vol. 12, Special Issue 8 (2023)

Case study of groundnut decortication industry in Cuddalore district of Tamil Nadu

Author(s):
Azhagesan R
Abstract:
Groundnut is one of our country's most important cash crops. It is a low-cost but erratic source. Groundnut is the world's sixth most significant oil seed crop. It includes 48-50% oil, 26-28% protein, and is high in dietary fibers, minerals, and vitamins. Groundnuts are grown on 26.4 million hectares worldwide, with a total productivity of 1.4 metric tons per hectare. Over 100 countries grow groundnuts worldwide. Developing countries account for 97% of the global area and 94% of global agricultural production. Groundnut is widely grown in practically all tropical and subtropical countries across the world. India, China, Nigeria, Sweden, and the United States are the top groundnut producing countries. India has more land dedicated to groundnut agriculture than China. Because the crop is largely grown under rainfed circumstances, production is lower because yield is low. After China, India is the world's second largest producer of groundnuts. During 2020-2021, the country's major oilseed production will be groundnut. During 2020-2021, Gujarat is the leading producer, accounting for 25% of total production, followed by Tamil Nadu, Andhra Pradesh, Karnataka, and Maharashtra. The Case Study Concluded that the Benefit cost ratio (BCR) for the groundnut decorticating industry is 1.06, so it is profitable. A groundnut decorticating industry owner should process at least 144 tonnes groundnut in 1 year in order to get a no loss or no gain output. The margin of safety analysis, it could be interpreted that owner is having a 97 tonnes when compared in BEP in the output. In Balance Sheet analysis, all the ratios are greater than 1. Hence, the groundnut decorticating mill is going under profit condition.
Pages: 90-94  |  674 Views  447 Downloads
How to cite this article:
Azhagesan R. Case study of groundnut decortication industry in Cuddalore district of Tamil Nadu. The Pharma Innovation Journal. 2023; 12(8S): 90-94.

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