The growing public awareness of nutrition & healthcare research substantiates the potential of phytonutrients such as polyphenols, saponins, essential amino acids, dietary fibers, flavonoids on their health benefits. Proteins are the major macronutrient required by the body. Protein Energy Malnutrition (PEM) develops in children whose consumption of protein and energy is insufficient to satisfy the body’s nutritional needs. 91% of Vegetarians in India suffer from PEM. Hence, there is a need to develop a Protein-rich product. Chickpea, Mung& Soy Flour was used in the preparation of chips. These chips were analyzed for their Nutritional, phytochemical, microbial and sensory parameters & a suitable packaging for the product was also developed. The present study showed that the product is a good source of protein (20%) and carbohydrates (62%). The product was liked very much by all the participants (score- 8). High quality 40 microns PET/MET was used as packaging material for the Product which are durable, heat resistant films with very good oxygen barrier properties.