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Posted on Feb 13, 10:19AM | UNI
Bhubaneswar, Feb 12 : The mango hub proposed to be set up on five acres of land at Dhenkanal at an estimated cost of Rs 11 crore would hava a total vegetable and fruit output of 1,556 MT in the first year.
As per a DPR prepared through intensive field assessment and technical support from KIIT School of Rural Management and Techno Serve, the total output would reach 13,482 MT in its 10th year.
A company christened as Dhenkanal Fruits and Vegetables Marketing Company Ltd has been proposed to be formed to run the hub.
The cost of the project would be shared among the Government of Odisha, Individual farmers and Producers, fruits and vegetable companies and government grant.
The project will have infrastructures like farm level collection system, market yards, dedicated pack house, cold stores, ripening chambers and processing facilities. The project will cover Dhenkanal, Angul, Deogarh, Keconjhar and Cuttack.
Apart from mango, the hub will deal in the vegetables and fruits like banana and watermelon and vegetables brinjal, tomato,cabbage, cauliflower and okra .
The infrastructure of the hub has been designed to handle approximately 30-35 MT of produce per day.
The core facilities have been designed in such a manner that they can handle up to 15,000 MT of fruits and vegetables per annum by increasing the number of hours/ days of operation.
The company will generate revenue from value addition,selling goods, renting out storage facility and marketing sheds.
Experts say the proposed company will earn profit from second year of its operation and the payback period of the investment has been estimated at 5 to 6 years.
It has also been proposed to start operations like sorting, grading and marketing from the coming mango season for domestic markets till the entire set up is institutionalized.