Banana Wafer Manufacturing Business Plan – Small Business Project

Banana wafer manufacturing project can be started by an entrepreneur with low investment. Banana fruit can be preserved for 3 months or more by reducing the moisture in it by drying or frying. In India, food is preserved by sun-drying, mostly fruits, like figs, amla, mango, banana and coconut. It is mainly used in hotels, restaurants, bars, homes etc. To prepare banana wafers, green bananas are used which is cleaned, sliced and fried. This is a popular snack food and has a good demand in the market.

Banana wafers have a special category of consumers and they are preferred by many. Banana wafer manufacturing provides an ample opportunity to a new entrant as the market is not
dominated by some brands and with good quality and competitive pricing, it is possible to
capture adequate market share.

Banana wafers are made from unripe bananas. Chips or wafers are crispy, salty or spicy and
consumers prefer fresh quality. Since they are made from banana, they have nutritious values as well. The product needs to be packed in transparent polythene bags.

Compliance with PFA Act and FPO is mandatory. Quality standards have been laid down
vide IS 2397:1988

Banana Wafer Manufacturing | Market Potential

Other than retail market there is also institutional market consisting of clubs, canteens, railway and airline caterers, co-operative consumer societies and so on. There is a very large market for banana wafers and they can be sold at all such places where people assemble like theatres, picnic spots, bus stands or railway stations, traffic junctions etc. Retailing has to be done through small grocery shops as well as big departmental stores and supermarkets.

Banana Wafer Manufacturing Process:

Damaged or ripe bananas are taken out during the inspection and only good quality unripe bananas are washed in water. Then they are peeled and trimmed before slicing or cutting them as per the required size. Then they are washed in boiled water and dried. Dried pieces are deep fried and then either salt or spices or both are applied. After cooling, they are packed. The process and weight loss is in the range
of 15% to 20%

Banana Wafer Manufacturing Process Flow Chart:

Sorting and washing of bananas → Peeling and slicing → Washing in boiled water and drying → Deep frying → Seasoning and packing.

Raw Material & Packaging For Banana Wafer Manufacturing:

The most important raw material will be fully grown but unripe bananas. Edible oil, salt and
spices shall also be required in small quantity and can be easily procured. Printed polyethene
bags along with corrugated boxes shall be required for packing for which prior arrangements
must be made.

Banana Wafer Manufacturing Project Cost:

Plant Capacity: 100 KG / DayPlant & Machinery: Rupees 3 Lakhs
Working capital: Rupees 8 LakhsTotal Capital Investment: Rupees 15 Lakh
Return: 44.53%Break-even: 47.77%

The actual cost of the banana wafer manufacturing project may deviate on change of any of the assumptions. You can modify the project capacity and project cost as per your requirement.