Textiles & Garments

Gunny Bags Manufacturing Unit

This project involves the establishment of a manufacturing unit for gunny bags, commonly used for the bulk packaging of grains, cement, and agricultural products. The unit utilizes raw jute as the primary fiber to produce durable sacking bags to meet the demand of the farm and industrial sectors.

Project cost & finance

Cost of Project

figures in ₹ Lakhs

Plant & Machinery14.75
Furniture & Fixtures0.5
Working Capital8.8
Total24.05

Means of Finance

figures in ₹ Lakhs

Own Contribution2.41
Term Loan13.73
Working Capital Loan7.92
Total24.05

Raw materials & machinery

Machinery & equipment3

Raw materials2

Manufacturing process

  1. Raw material procurement
  2. Production Process
  3. Testing
  4. Packaging

Market

The global market for jute bags is expanding, driven by environmental awareness and demand from the farm sector, sugar industries, and cement packaging, with a projected CAGR of 9.4% through 2026.

From the project report