Top 10 Profitable Agribusiness Ideas With Minimum Investment

    

     Years back, farming was practised only for sustenance purpose. Earlier generation cultivated crops only to meet out their daily needs. As population began to hike, the current production of food couldn't meet out the demand of consumption. Thus, the commercialization of agriculture began to gain it's pace. And now, Farming is no more seen as an art. Rather, Farming has grown as revenue generating business.

If you're looking to start a venture on Agribusiness but confused what to choose, then this is for you!

Here, I listed out "Top 10 Profitable Agribusiness ideas for you to start with minimum investment". So, keep reading till the end...

1. Tree farming

     Tree farming can be a lucrative business in India as trees yield variety of products like timber, latex, gum, resin, medicinal products, fruits & vegetables. Coconut tree farming can earn you a net profit of Rs. 1 Lakh by planting 150 coconut palms per acre. Other trees of possible revenue generation in India include Mahogany, Moringa, Agarwood, Eucalyptus, Teak & Sandalwood.

2. Medicinal Herbs Cultivation

     Medicinal herbs are driving a great demand among people, after realising the side effects of Allopathy medicines. The most profitable medicinal plants are Aloe Vera, Ashwagandha, Isabgol, Senna and Tulsi which require very little expenditure and care. With medicinal herbs cultivation, one can make upto profit of 1-3 Lakhs per acre.

3. Flower Business

     Not only as adornments but also variety of value added products can be prepared from cut & loose flowers which include essential oil extraction, natural pigments extraction & therapeutic uses for their healing property. Flower cultivation earns high foreign exchange. Suitable flowers of cultivation includes Anthurium, Rose, Jasmine, Sunflower & Marigold.

4. Online Grocery Portal

     With the fast paced lifestyle, everyone else is busy in going to grocery shops to choose and buy fruits & vegetables. By taking advantage of this felt need, opening your own online grocery portal where you act as a bridge between farmers & consumers, not only turn you out to be a problem solver but also a money maker.

5. Mushroom Farming

     Can you imagine, on cultivating mushrooms at 100 sq ft area, you can earn upto Rs. 1-5 Lakhs per year. Yes, mushroom farming is relatively an easy venture you can start even at home with considerable space. Not only edible mushrooms like Button mushroom, Milky mushroom, Oyster mushroom but also medicinal mushrooms like Red Reishi Mushrooms also fetch more price per sale. 

6. Vermicompost Production

     Earthworm referred as 'Farmers friend' makes soil fertile, increase crop yield & quality, aid in plant growth & improves physical structure of the soil. While the initial investment for starting a vermicompost unit comes only around Rs.50,000, it has the potential of generating an annual profit of Rs. 5-10 Lakhs/acre.

7. Organic Vegetable Farming

     Having rendered the land infertile & raising awareness on ill effects of consuming chemical sprayed vegetables, has recently shifted people's mind towards organic foods. With an initial investment of around Rs. 4 Lakhs, you can earn roughly around 50-60k per month in 1 acre land with the organic cultivation of vegetables like Okra, Tomato, Brinjal, Amaranthus, Bottle gourd, Bitter gourd, Snake gourd & Cucumber.

8. Bee farming

     Another lucrative business which can guarantee you a solid monthly income of 1-3 lakhs during honey flow period by selling variety of bee products like Honey, Bee wax, Royal jelly, Hydromel, Pollen & Propolis. However, hardly an initial investment of around Rs. 2 Lakhs  would be sufficient to kickstart your apiary business.

9. Herbal Soap business

     Drifting people's interest towards natural & skin-friendly cosmetics, comes a huge demand for Herbal Soap business. You can certainly start your handmade soap making business at a small scale home-based operations with an initial investment of around 1-2 lakhs. Selling handmade Herbal bath soaps in India can fetch you a profit margin of upto 30-100%, @Rs.125- Rs.375 for a 100 g bar of soap.

10. Spice Farming & Processing Business

     As India is known for ' The Land of Spices' & moreover our Indian culinary becomes incomplete without inclusion of spices, processing spices & selling as powdered products can fetch you monthly earnings from 50k to 1.5k with a profit margin of 50-70%. Major spices of profitable cultivation includes black pepper, turmeric, red chilli, cardamom, cumin, ginger & clove.

Hope you've got to know a jist about the Top listed profitable Agribusiness in India. Now, it's your turn to set the footprints in your chosen field of agribusiness!

Stay tuned for more knowledgeable insights on Agribusiness opportunities:)