Poultry farms are the most growing agribusiness. You can start your business journey with them. Whether the meat or the eggs, people love to eat them. They are the best protein sources. Everyone wants them on the dishes, from an occasion to a fitness freak or athlete. The popularity and demands are never-ending.
If you are thinking of starting a business in India, the chicken farm business can benefit you. As the government has started various campaigns regarding livestock, it has become one of the best businesses to acquire.
Suppose you are wondering how to start a poultry farm business. We will be sharing various tips and tricks to start your business, and we will also go over strategies that can make your business grow. Risks you might face will be discussed here in the following sections.
Did you know?
Poultry farming accounts for 1.2% of India’s GDP.
What Is Poultry Farming?
Poultry farms can have different livestock animals like chicken, turkey, ducks, geese etc. They are reared up well on a poultry farm, and then the owner sells them from the poultry farm. One can get meat and eggs.
The poultry farm business is a fast-growing sector and holds up to ₹80,000 crores in value. It can give at least 30 lakh people the opportunity for a job. The chicken farm business can be very profitable, considering the facts.
Why Should I Choose Poultry Farm Business?
There are several reasons to choose a poultry farm.
Some of them are:
- The poultry farm business is in high demand.
- The most growing business in India in recent time.
- You will not have much knowledge to start the business.
- You can start it with low investments.
- As the demand is very high, you will make a profit in no time.
- You can easily get the loans.
- You will not need a high workforce.
How to Start a Poultry Farm Business?
A poultry farm business consists of different things, and you need to understand what they are and then decide among them.
- Meat production through Broiler
- Egg production
- Poultry feed production
- Equipment for poultry farming
- Processing of eggs and meat
- Packaging and managing of the chicken and eggs
Considering all those sections, you can choose according to your availability. Now you can select the specific types of birds, and you should start with a single kind of bird at the beginning. After that, when your business grows, you can opt for different birds.
You need to have a place where you can sell them. You have to find a proper place, from where it is very easy to purchase. You can choose any market or the place near markets where people come and go very often.
Starting the poultry farm, you need to have a proper name for the business so that it is easy to get registered. Government registration is very important, and it can help you avoid any kind of legal problems.
After the legal things are done, you need to arrange the finance. You need some investments to get started.
When starting a business, all you need is a good strategy. Based on that, you can achieve your goals. When you have the strategy before you, the goals will be before your eyes, motivating you to grow the business.
We discuss here how you can make a strategy for your business. Before stepping into the market, you have to know the market, and you need to know your competitors. To do that, you need to do thorough market research.
Managing a poultry farm is not an easy game, and you should have a good idea of how to rear the birds. Starting with a single pair of birds will be helpful, and learn more about proper care of the birds.
You might face some issues initially, but with experience, you will overcome them. The next step is to know your competitors. You need to identify them. Whenever you plan to set up the poultry farm, make sure you know all the poultry business owners around you. You need to know their rates and their quality. Try to make the price affordable and keep the quality better so that customers will choose you over them.
On the other hand, you can opt for online services, and it will make good exposure for your business. For that, you will need some workforce. Make sure you have better human resources so that you will not have to worry at the last moment.
If we talk about investment, you can use your savings, but it is not a good option. As there is no certainty of profit initially, you might have financial risk as the Government is inspiring people to try their hand in the livestock business so you can easily apply for loans. MUDRA is a scheme of the Government of India to help such small businesses.
After that, making legal allowances can help you in your business. So make sure you have done them properly.
What Are the Types of Birds You Can Opt For?
India is known for its poultry farming. Ducks, chickens, quails, geese and other fowls are the birds you can choose, and chickens are the most commonly farmed bird in India.
Some of the common types of chickens are:
Broiler Chicken: This is the most common in India. Most people start their poultry farms with them, and it takes almost eight weeks to grow them. Their popularity comes because they have more meat and easily grow in this climate.
Layer Chicken: This kind of chicken takes at least 18 weeks to lay the eggs. They are one kind of hen that is unique, and they can lay up to 72 weeks.
Rooster Chicken: Such kinds of chicken are male. The cocks are called roosters when they are adults. The baby cocks are called cockerels. They do not grow faster, but they are also harvested on the poultry farm. They can guard other hens on the farm, but they are harvested too. Apart from that, they can grow in any weather, and their meat has a unique taste, so they are very easy to adopt on the farm.
How Much Investment Should I Make to Start a Poultry Farm?
To start a poultry farm, You need to have some investments. It will depend on how big your farm is. If you are a beginner, you can start with small steps. You need to have at least ₹50,000 - ₹1,50,000. Within this, you can start the basics of the farm. If you want to grow further, you need to invest more. Your turnaround might lie between ₹7-8 lakhs with these investments. If you think of funds, you can take MUDRA loans which are very beneficial. Otherwise, you can borrow from locals or friends and family. With the latter options, you will not need any kind of official burdens.
What Licences Would I Need?
You will have various licences in this business. Those are-
- NOC (No Objection Certificate) For Local Village Panchayat or the Municipality.
- NOC for Pollution board.
- You need to have permission if your farm gets bigger.
- You need to have a licence from the groundwater department.
You will need all those licences for your business. The Government of India is encouraging such small businesses so you can get all the licences smoothly.
Also Read: Get start your Bee Farming Business
What Are the Documents You Will Need to Apply for a Loan?
The Indian Government has started the MUDRA Scheme for such small businesses, so you can easily apply for it. Here you need to know about the documents you will need.
- You need to show a proper business plan to the bank so that they can easily sanction the loan.
- The form given by the bank needs to be filled out properly. You can get the samples on the internet. Otherwise, you can take professional help.
- You need to submit your identity proofs like PAN or Aadhar card.
- You need to submit your address proof, such as PassPort or I-cards.
- Trade Licence and permission for business.
- You need to submit all the documents of loans and the photographs.
The poultry farm business is considered among the high growth businesses. If you want quick returns, you must choose the poultry farm business. You don't need high investments or huge space to start a small-scale poultry farm.
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