In this article, I’m going to give you the best profitable agricultural business ideas that can help you earn extra money. You can do these agricultural businesses even if you’re a 9 to 5 job goers and no need to think twice. You know that India is a big country with a population next to the highest populated country, China. Agriculture plays an important role in the Indian economy. Almost 70% of the country’s rural household depends on agriculture as the main source of income. Moreover, it also contributes to about 18% of the country’s GDP and provides employment to more than 50% of the total population.
So, earning money from this sector could be a part-time or full-time source of income.
After reading this article you’ll surely have the rough ideas on which part you should start an agriculture-related business to start earning extra money. However, earning money is not an easy task and no one will come to help you until you get success of your own. So, hard work and patience is the key to success in any type of work you choose to start.
Let’s go-ahead and find out the Best Agricultural Business Ideas
Goat Farming (number one profitable agricultural business)
Everyone knows that goat meat is always in demand and never meet the required demand. The goat is a multi-purpose animal producing meat, milk, hide, fibre, and manure. If you’re living in the countryside or have enough space then you can start rearing goat. Goats are known to eat a lot of green grass on a daily basis. So, you’ve to make sure that enough grass is available not far away from the rearing place.
You can start this business with a very low investment. Nowadays, the consumption of poultry is very high and there is no question of booking any loss on your investment. To start this business you don’t need to have a big space. You can start a small poultry farm right at the backyard of your home or even on the corner of the terrace.
It is not feasible for everyone to start fish farming as it requires a lot of space and manual works. However, you can start a fish business to help farmers start-up and expand their business. It is a win-win situation and both parties earn profit without any issue.
If you have got the space and ability to take care of cows then you can start your own dairy farms. You can easily produce milk, cheese, and other dairy-related products. You can even provide livelihoods to a few people by letting them work on your dairy farm. Isn’t it a good idea.
Mushroom farming is also considered as one of the best profitable agricultural business. Nowadays, mushrooms are very popular foods as they are low in calories, fat, carbohydrates and sodium too. Mushroom is also a cholesterol-free food and you can add into your diet for a healthy body. Mushrooms also contain important nutrients like selenium, potassium, riboflavin, niacin, vitamin D, and even fiber. The good thing about mushroom farming is that it just takes a few weeks to mature and you can start earning from your investment in a matter of weeks. The investment amount to start mushroom farming is also low and you can easily afford it.
As you know already that agriculture contributes to a huge percentage in the country’s GDP, vegetable farming could be a lucrative business for you. Vegetables are the most highly consumed food items in the world. Vegetable farming is the simplest and easiest way to start. You don’t need to invest a huge amount of money to start this farming. All you need is the space for growing vegetables. In addition, you can also become a distributor of vegetables from the rural area to urban places and make a handsome profit.
If you’ve got the experience of agriculture and its know-how, you can set up an Agri clinic easily. The main objective of an agri-clinic business is to provide paid services for the enhancement of the agriculture production and income of farmers. Anyone with prior experience can start this business irrespective of whether he/she is a fresh graduate or not.
Milk Chilling Plant
Milk chilling plant can be a small/large scale business depending on the power of your investment. The main purpose of this plant is to chill milk in a chilling machine and slowing down the growth of micro-organisms present in milk. Using this method you can easily store excess milk before you supply it to the market. Milk chilling plant is a profitable venture to start up. All you need to have is enough milk to chill for selling at a higher price.
Rearing of Bees (Best agricultural business with minimum space)
Beekeeping or apiculture deals with the commercial production of honey by maintaining man-made honey bee colonies. Beekeeping is a very profitable business and you don’t need to invest a huge amount of money to start with. You can start with one or two hives in the initial stage. The perfect place to keep bees is where there is a lot of nectar and pollen-producing flowering plants. Also keep in mind that the place should be shady, no wind, and in a separate area where they won’t disturb your non-beekeeping neighbors.
Final Thoughts on Bests agricultural business
If you’re interested and have the will to start earning extra money, you can start any of the agricultural businesses mentioned in this post. You might fail in the initial stage however, your failure could pave you the way of success. Failure and success go hand to hand and if you don’t try how come you get success in any type of business. So, next time any idea pop up inside your brain, don’t just let it lost inside you but take it out and have a try. Who knows your single idea can change your life.
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