Another goldmine and the backbone of our Indian economy is its fertile soil condition, land availability and the agricultural and farming population of this country
If you seem to have these crossed off your profitable business opportunity list then you’ve got one.
The possession of these factors are likely to open your gate to the organic farming business which is booming more than ever now.
Whose market is expected to be worth ₹10,000 – ₹12000 crore by the end of 2020 contributing to its demand by both local as well as global consumers
The reason behind the growth of this organic farming business is
Which made the Indian government impose a GST percentage of 18% which was previously just taxed at 5-6% to promote the larger sector of India and foster domestic production
As well as ensure quality in food to improve the standard of living, making the organic produce a little pricey than the regular.
Organic farming involves testing of animals and cultivation of plants in a natural way thereby avoiding any sort of artificial and chemically infused fertiliser to maintain them.
It includes all variety of oils, seeds, cereals, mill, cotton, vegetable, tea, coffee, dairy etc which are organically maintained through organic wastes of crop, animal, farm and aquatic
The market potential of organic farming is vast as specified by the following facts.
Further, the market potential of this organic farming can be defined through its benefits
On the basis of type of organic farming
The licenses required to run an organic farming business is
The investment required to start with an organic farming business is ₹5 lakhs- ₹10 lakhs
Government assistance available:
The profits one can earn through this business is ₹30 lakhs per month through efficient produce, distribution and marketing
The target consumers for your organic farming business are
The area required to set up an organic farming business is
The raw materials required for organic farming business are
The machinery required for organic farming business is
The manpower required for this business is
Moreover, ample training in terms of the following must also be provided with
The business model of an organic farming business can be defined using these four variants
The organic farming business has witnessed and has the potential for the following growth prospects
The profit margin which this business is likely to yield to you is 22%-35%
It’s time to make India Organic again both in terms of production and consumption while you make some bucks for you. So here are few more reasons why you should take up this business opportunity
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