Fish farming in India is one of the most profitable businesses giving a maximum number of returns. Profitable fish farming can be done only if the variety of fish is appropriate.
Profitable Fish Farming in India Ideas
Apart from choosing the right fish, one must think about a number of factors including knowledge, skill, financial capacity, market demand, and agro-climatic conditions for a flourishing business.
1. Ornamental Fish fish farming
Ornamental fish or koi fish are commonly farmed in India. They can be reared in cold water and kept at a temperature between 15 and 25 °C. These fish are found in metallic shades like gold and silver-white. These bright beautiful fish are quite fragile and need extra attention against predators Herons, kingfishers, otters, raccoons, skunk, mink, cats, foxes, and badgers. However, there is a huge profit range that can be generated with these fish.
Koi fish
Production price - Rs 98,182 - Rs 34,32,226 per fish
Selling price - Rs 8,32,055 - Rs 1,66,41,100 per fish
2. Cod Fish fish farming
Codfish are the most commercial fish species in the world. The market size is generally found from 2-4 kg. The process of hatching can be done in a span of 24-36 months. Codfish is a low-fat source of protein and helps improve heart health.
Production price - Rs 340.58 - 366.40 per kg
Selling price - Rs 828.5 - Rs 1325.6 per kg
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3. Tuna fish farming
Tuna, a saltwater fish, is found in abundance without much maintenance across the Indian Ocean, Bay of Bengal, and Arabian Sea. It is also an important commercial fish. The maximum number of consumers of tuna fish are found in Japan. There are different species of tuna including, bluefin, yellowfin, and albacore. Tuna fish are extremely active, and simulating their natural environment is difficult. You can raise tuna in net pens offshore.
Production price - Rs 561 lb
Selling price - 1664-3328 lb
4. Salmon fish farming
Salmon are also saltwater fish which are quite strong. They are vaccinated and given additional medications to prevent any disease outbreaks. They are commonly found in the Atlantic and Pacific oceans. The two most common varieties of salmons are Chinook and Coho. Salmon feed is made to conserve wild fish stocks.
Production price - Rs 432.67/kg
Selling price - Rs 921.92- Rs 1041.73/kg.
5. Tilapia Farming
Tilapia fish, an aquaculture fish, is the third most popular fish consumed and commercially produced across the globe. These fish are famous because they provide high protein, large size, and growth capabilities. Tilapia, a tropical fish, requires warmer water to survive. It requires a cereal-based diet and don’t eat other fish.
Production price: Rs 68.23 - Rs 71.56/kg
Selling price: Rs 163.08 -Rs 183.05/kg
