Animal
farming is the most evergreen business start up opportunity in india. It has a
lot of potential if invested wisely and worked upon. In this blog, I will share
some of the profitable business opportunities in animal farming. All you need
is a vacant land. I have also mentioned about the investment, profits and
potential risks involved in the particular businesses. So let's get started.
1. Dairy Business
Investment = MEDIUM
Risks = MEDIUM
Profit = HIGH
Yes you read
that right. Dairy business is profitable but it depends on the expenses you
make towards building infrastructure, equipments and animals. Except animals
all other investments are unproductive investments with no income and the
values also depreciates with time. For an initial setup you can start with 20
animals that is 10 cows and 10 buffaloes. Each dairy cow or buffalo eats around
25-50 kgs of feed per day and needs a constant supply of fresh water to drink.
As a thumb rule it can be taken as “Feed per day = one tenth of the weight of
the animal”. If a cow is 250kgs then the feed required is 25 kgs per day. Milk
per day given by a single animal is 28-50 litres per day on an average.
An average
costs of a cow is 20K and a buffalo is 40K.
Starting with
20 animals that investments rounds upto 6L
Shed costing
around 1.5L
Equipments
and electrical works cost around 50K.
Fresh water
production costs 20K.
Feed costs
around 1L.
All the
investments summing up an average setup costs around 7-10L.
2. Goat business
Investment = MEDIUM
Risks = MEDIUM
Profit = HIGH AFTER 1 YEAR
Goat farming
is also a profitable business for farmers. It is highly profitable business if
you keep them for milking and as well as for commercial meat purpose. It is not
a good idea to start a goat farm with less than 10 goats at least you should
start with 5 pairs. The best breed for best profit is the Beetal. Beetal is
famous breed in Punjab region of India. It is highly milk productive and
suitable for commercial meat purpose as well. On an average a farmer can earn
around 30-35k just by selling one goat’s milk per month.
An average
cost of the goat is 15K that will round upto 1.5L.
Shed costs
around 1.5L.
Equipment
and electrical works cost around 50K.
Fresh water
production costs around 20K.
All the
investments summing up an average setup costs around 3-5L.
3. Poultry Business (Layer and Broiler)
Investment = HIGH
Risks = MEDIUM
Profit = HIGH
Poultry
business is considered to be one of the high profitable making industry but
this comes with a huge amount of investment. Yes you read that right one who
does this business need to have lot of patience. Chicken is considered as one
of the best protein source. Meat consumption in india is growing rapidly
because of the urbanization. In meats although beef, chicken, mutton, pigs are
consumed but due the the low price and high availability chicken is more
consumed in india. Yes it comes under highly profitable business with less
competition. Although to start off you need to burn a big hole in your pocket
as the cost of capital can go over 50 lakhs with upto 1000 birds. But
significantly you can save a lot of investment if you start a chick hatchery
along with the production of meat. Eggs are also considered a good source of
protein. Dividing the farm birds into half that is half of them are bred to lay
eggs half of them are produced as broilers then a year after with chick
hatchery at your farm can boost the number of birds in the farm with less
amount of investment in buying chicks every year. The amount of initial
investment at building the infrastructure, equipments and birds all you can get
back this within 2 years of production with smart investment in feed.
Average cost
of a farm chick is 27 Rupees * 1000 birds which is 27000 for birds.
Feed costs
can vary how big you want to grow your chicks. It varies around 5-10L.
Shed costs
around 35-40L.
Labour and
material can cost upto 5L.
Electrical
works and vet costs can come up to 1 L per one cultivation.
All the
investments summing up an average setup costs around 50-55L.
5. Fish Farming
Investment = LOW
Risks = LOW
Profit = HIGH
Fish is considered a good source of protein all over the world. Whether you are planning to start a small scale fish farming or a big one follow some simple steps to be successful.
Get some good location: You need to decide whether you are starting your fish business on a small scale or start with a backyard tank but if you are going big you need to rent a pond from the local state government.
Get good source of water: Even if you have a good source of water the the water needs to be treated and made suitable for the fish to grow.
Decide the species you want to grow: There are many in the market but you need to decide which will give you the most profit with less investment and low mortality rate. Some famous breeds in this business are Rahu and Katla but the most profitable is Tilapia.
Get Healthy Baby Fishes: The little fishes should be the size of at least 50-60 grams the only the fish can survive and gives you low mortality rate and high production which in return give high profit.
Feed: Remember the profit of fishing does not depend only on the production but also on how much can you save on the feed cost.
4. Chicks Hatchery
Investment = HIGH
Risks = MEDIUM
Profit = HIGH
A hatchery is a place where fertile eggs are hatched, most particularly on a business basis. It could be referred to as the maternity center where chicks are produced from fertile chicken eggs. Hatchery technology is a technique or method of using incubators to incubate and hatch fertile eggs.Here you don't need to have a lot of mother hens (chickens) but usually eggs and incubators. This business also have a lot of investment and potential risks because the hatchery should not be located near a pen or a farm or a stable to prevent from disease transmission. Also this should not be located near a muddy road or on a road on which heavy vehicles move. It should not be near to any industry which uses heavy machineries because these vibrations emitted from heavy equipments may affect the hatching process. The roads should be smooth so that the eggs and the chicks are safe while transporting them. All the investments in this business may come up to 40-45L for an initial setup.
5. Fish Farming
Investment = LOW
Risks = LOW
Profit = HIGH
Fish is considered a good source of protein all over the world. Whether you are planning to start a small scale fish farming or a big one follow some simple steps to be successful.
Get some good location: You need to decide whether you are starting your fish business on a small scale or start with a backyard tank but if you are going big you need to rent a pond from the local state government.
Get good source of water: Even if you have a good source of water the the water needs to be treated and made suitable for the fish to grow.
Decide the species you want to grow: There are many in the market but you need to decide which will give you the most profit with less investment and low mortality rate. Some famous breeds in this business are Rahu and Katla but the most profitable is Tilapia.
Get Healthy Baby Fishes: The little fishes should be the size of at least 50-60 grams the only the fish can survive and gives you low mortality rate and high production which in return give high profit.
Feed: Remember the profit of fishing does not depend only on the production but also on how much can you save on the feed cost.
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