Agriculture plays a major role in the Indian economy and employs more than 50% of the total workforce in the country. Being a major source of livelihood for the rural sector, there is still a vast scope of development in this field. Agriculture is not only about the cultivation of crops but it also includes animal husbandry, poultry, fisheries, etc.
Today we will talk about some most demanding agri businesses through which you can earn a good income.
Latest Agri-business Ideas
Here is the list of seven most demanding agri-business ideas.
Organic Fertilizer Production
Nowadays, people have become very much aware of the health of their plants, and how chemical fertilizers can destroy them. So, they are switching to organic fertilizers. Hence you can start Organic Fertilizer Production as it is very much in demand. Moreover, this business can be started at home only, that too with less investment and some basic knowledge. In fact, you can start producing organic fertilizer with kitchen waste.
Mushroom Farming
Mushroom farming is in huge demand these days and the best thing is that it can be started with a small investment and little space. For this, you can take basic training from a mushroom farming center and earn good profits in a short span of time.
Worldwide, US, China, Italy and Netherlands are the top producers of mushrooms. In India, Uttar Pradesh is the leading producer of mushrooms followed by Tripura and Kerala.
Medicinal Herbs Farming
Looking at the current scenario and this pandemic situation, people have realized the importance of Ayurveda, and how medicinal herbs can help cure many diseases. Hence you can start growing some common medicinal plants at your home garden. But remember that you will need to complete some legal formalities and obtain licenses before starting this business.
In this polluted world and falsification in all food products, if you can provide pure cow/buffalo milk to the customers, then what can be better than this? You can start a dairy business with just 3-4 cattle and slowly can expand this business. Besides this, you can use cow-dung to prepare manure or sell cow-dung to manure-producing companies.
Bamboo Farming
For bamboo farming, you will require at least 1-2 acres of land. But the good thing is that you can grow bamboo easily, in fact, it can be grown in dryland areas too. Being one of the fastest-growing plants, bamboo cultivation can give you high returns in a very short span of time. And you can sell bamboo to wholesalers, landscapers, bamboo furniture factories, etc.
Broom Production
Broom is used in almost all the houses for cleaning purpose. So no doubt, it can be an evergreen business. The broom can be prepared with corn husk, coconut fiber, hair, plastic, and some metal wires. The process of production is also very simple, and you can start this business with a very low investment.
Hydroponics Equipment Store
Hydroponics is slowly gaining popularity in India and attracting more and more farmers. Basically, hydroponics is a type of horticulture and a subset of hydro culture, in which plants or crops are grown without soil, by using mineral nutrient solutions in an aqueous solvent.
Hydroponics can be done in a small space like balcony. Rather than using soil for plant nutrition, crops are fed nutrient-rich water, negating a lot of the baggage that comes with soil-based methods.
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