Mango Pulp Processing Industry in Tamil Nadu-An Economic Analysis

Abstract

Mango (Mangifera indica) is regarded as the king of fruits in tropical areas of the world. Tamil Nadu is one of the major mango growing states in India as climate is conducive for mango cultivation. The problems of post-harvest lose and availability of raw materialcreating hurdles to startup of mango pulp processing industry in the study area. Present study aims to quantify cost and return and economic feasibility of starting mango pulp industry and also identified the problems faced by the processor. Net income realized from the industry was 272 lakh and net return per kilogram of pulp was Rupees 3.61. Further financial ratios like fixed ratio, operating ratio, gross ratio and rate of return on investment revealed the operational efficiency of firms. Financial feasibility analysis indicates the investment on mango pulp processing plant is financial viable. The Major constraints faced by processing firm were frequent power cut in the study area and price fluctuation of mango and un availability of raw material during off season. This study suggests that government should take necessary action to guard the investors of mango pulp industry.