Textiles & Garments

Banana Fibre Yarn Extraction Plant

The unit focuses on extracting high-strength, biodegradable banana fibre from dried banana sheaths to produce yarn. This natural fibre serves as a sustainable alternative to traditional textiles and is used in industries ranging from fashion to handicrafts.

Project cost & finance

Cost of Project

figures in ₹ Lakhs

Building & Civil Work5
Plant & Machinery1.5
Furniture & Fixtures1.5
Working Capital3.82
Total11.82

Means of Finance

figures in ₹ Lakhs

Own Contribution1.18
Term Loan7.2
Working Capital Loan3.43
Total11.82

Raw materials & machinery

Machinery & equipment3

Raw materials5

Manufacturing process

  1. Cutting and De-fibering
  2. Plaiting
  3. Dyeing
  4. Drying and Arranging
  5. Yarn Processing

Market

Banana fibre has significant demand in the textile sector and automobile interior industry. There is substantial export potential for handicrafts, ropes, and yarn to countries like the USA, Malaysia, Korea, the European Union, and the Philippines.

From the project report