If you wish to start a business in the agriculture sector then there are many options besides vegetable or crop farming that can assure you favorable results. The latter can be very weather-dependent and involves a lot of risks too.
The farming we are discussing is poultry farming. This business can be started with a minimum of 5 to 9 lakh rupees. If you start farming on a small scale i.e. 1500 chickens, then you can earn between 50 thousand to 1 lakh rupees per month.
Earnings can be good, however, one is required to take formal training before entering this business.
Investment Required
Initially, about 5 to 6 lakh rupees will have to be spent on cages and equipment. If you want to start working with a number of 1500 chickens, you will have to buy 10% more chicks. This is because chickens have a risk of dying due to untimely disease.
The total budget required for buying chickens is 50 thousand rupees. The cost of a layer parent berth is about 30 to 35 rupees. This means that a budget of 50 thousand rupees will have to be kept aside for buying chickens. Now they have to be fed different kinds of food to raise them. They also require a lot of medical care too.
For 20 consecutive weeks, the cost of feeding chickens will be around 1 to 1.5 lakh rupees. A layer parent bird lays around 300 eggs a year. After 20 weeks, the chickens start laying eggs and lay eggs throughout the year. 20 weeks of feeding expenses are estimated to be around 3 to 4 lakh rupees.
Estimated Revenue
In this, 1500 chickens lay about 4,35,000 eggs annually. Even after waste, if you are able to sell 4 lakh eggs, then one egg is sold at the rate of 3.5 rupees. Eventually, by selling eggs alone in a year, you can earn 14 lakh rupees.