International Journal of Statistics and Applied Mathematics
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2023, Vol. 8, Special Issue 5

Economic analysis of banana fibre extraction units in Tamil Nadu: A comparative study of banana fibre and banana sheath product production


Author(s): M Aravinth, C Muralidharan, S Hemalatha, S Sridevy and M Djanaguiraman

Abstract: This study explores banana fibre extraction and banana sheath product units in Tamil Nadu, focusing on small and medium enterprises. It analyzes their cost economics, including costs, profits, and financial dimensions. The research study revealed that the banana sheath product unit is more financially efficient due to lower capital requirements. Both ventures yield positive net returns. However, banana sheath units generated higher profits. The benefit-cost ratio and return on investment (ROI) are favourable for both, with the banana sheath unit showing better results. The study emphasizes the importance of market stability and risk assessment for project viability and cost-efficiency optimization in banana fibre extraction units.

Pages: 382-385 | Views: 347 | Downloads: 12

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How to cite this article:
M Aravinth, C Muralidharan, S Hemalatha, S Sridevy, M Djanaguiraman. Economic analysis of banana fibre extraction units in Tamil Nadu: A comparative study of banana fibre and banana sheath product production. Int J Stat Appl Math 2023;8(5S):382-385.

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