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This article talks about the umbrella approach towards the growth of the food product chocolate business in India. It is said that good chocolate has the ability to take you to the places. It has the ability to lift your mood and make you feel in a certain way.
The chocolate business in India is the most popular and growing business across the globe. The Chocolate Business needs to get an FSSAI Registration to perform as a Food Business Operator (FBO) in India. It is expected that the growth of the chocolate business is expected to see double-digit growth over the next five years.
Statistics showing the growth of Chocolate Business
Before starting the chocolate business, one needs to take several steps to sustain the business:
One needs to look at the demands of the business, know its customers. The chocolate is the most saleable food product in the market. It is most commonly used for the gifting to the friends, relative or family. It is that product for which the customer taste and preference will matter to the maximum, for the success of the chocolate business, started by you.
When thinking to get registered under FSSAI Registration. Before starting, try to create something unique and is altogether of a different.
Review the local market and know your competitors, and what is unique in their chocolates.
Unconventional creations are always appreciated.
It is important to note that the one who is doing a chocolate business, has to create or create chocolate which gives a different experience. Think about the new flavour or styles which can be added.
The new kinds of organic chocolates or Keto Chocolates or vegan chocolates have come up in the markets.
So the idea of doing a chocolate business means a food product which can become famous as per the local demand. Try to create something unique.
This could mean that while the business’s success can be achieved when setting up a business is at a location where the sales can be attracted.
The type of types of equipment will make difference in the chocolate business. Try incorporating multiple designs in the chocolate. Such types of equipment will make difference in the quality of the chocolates.
The kinds of equipment required to start the chocolate business in India are as follows:
b. Hand Tools;
c. Chocolate Melters;
f. Bean Bar Equipment;
g. Cheese Waxing Machines;
h. Chocolate Refrigeration;
n. Weighing and Finishing; and
o. Packaging of the Chocolate;
To start any business, finance will make a difference. The minimum capital required is 5 to 10 lakhs.
To proceed with the registration of Chocolate Business under FSSAI Registration, various requirements have to be met, and the permission and license to be obtained for doing Chocolate Business in India are as follows:
a. Company Registration
The Chocolate Business can be started in India, either with the establishment of Limited Liability Partnership – LLP or Sole Proprietorship or through the opening of the private limited company.
The compliances are more in the case of establishing the private limited company whereas there is no much compliance in case of LLP or Sole Proprietorship.
b. FSSAI License
The FSSAI License in India is governed under the statutory provision of FSS Regulation 2011 (Licensing and Registration of Food Business). This is mandatory for every Food Business Operator (FBO) to take a license or do FSSAI Registration of their required business.
c. Health Trade License
The products are such that, where the concerned health license is required. In this, the health license is issued by the concerned municipal department of the state. The concerned health department has the authority to issue health trade license.
d. Trademark Registration
It is essential for every food business operator to undergo the trademark license of their concerned product to be its design or tagline or logo. It gives the security to the product from the misuse by others. It provides protection to the brand name of the chocolate.
e. GST Registration
It is essential for the owner of the chocolate business to take GST Registration. The owner needs to open a current account with the bank in the name of the bank, to obtain GST Registration.
f. Import-Export Code /License
The owner needs to obtain the import-export code. Suppose the owner of the chocolate business wants to expand its horizon globally or make a global mark. It is a unique 10 digit code issued by DGFT- Directorate General of Foreign Trade. It for the owners who have who are doing import and export of the chocolates.
g. Labeling of Ingredients
It is important that every food product must include its ingredients. It is necessary to have the quantity of vegetable fat in the wrapper of the product.
This is a guideline under the FSSAI Registration.
FSSAI License under Authorities:
There are two authorities where the FSSAI Registration for chocolate business is required:
a. Central Authority
• Here the annual turnover required is more than 20 crores
b. State Authority
• Where the annual turnover required is between 20 lakhs to 20 crores.
Where the annual turnover is less than 20 lakhs, the necessary registration certificate is issued under FSSAI.
Essential Documents required are as follows under FSSAI Registration:
Documents Required for the FSSAI Central or State License
It can be concluded that the FSSAI Registration for the chocolate business, is essential to do Chocolate Business. It creates a record of the owner under the registered food operators in India.
Read our article:FSSAI Food License for Schools and College Canteen