Want to Start Business in Fisheries and Aquaculture Sector

Want to Start Business in Fisheries and Aquaculture Sector? Here are few Good Profitable Ideas for You. Selected Projects on Fish and Marine Products, Fish farming, Processing and value added Products

Aquaculture -- also known as fish or shellfish farming -- refers to the breeding, rearing, and harvesting of plants and animals in all types of water environments including ponds, rivers, lakes, and the ocean. Aquaculture produces food fish, sport fish, bait fish, ornamental fish, crustaceans, mollusks, algae, sea vegetables, and fish eggs. Aquaculture includes the production of seafood from hatchery fish and shellfish which are grown to market size in ponds, tanks, cages, or raceways. Basically, it’s farming in water. U.S. aquaculture is an environmentally responsible source of food and commercial products, helps to create healthier habitats, and is used to rebuild stocks of threatened or endangered species.

Indian fisheries and aquaculture is an important sector of food production, providing nutritional security to the food basket, contributing to the agricultural exports and engaging about fourteen million people in different activities. With diverse resources ranging from deep seas to lakes in the mountains and more than 10% of the global biodiversity in terms of fish and shellfish species, the country has shown continuous and sustained increments in fish production since independence. Constituting about 6.3% of the global fish production, the sector contributes to 1.1% of the GDP and 5.15% of the agricultural GDP. The total fish production of 10.07 million metric tonnes presently has nearly 65% contribution from the inland sector and nearly the same from culture fisheries.

Global aquaculture demand was 69,230 kilo tons in 2013 and is expected to reach 80,400 kilo tons by 2020, growing at a CAGR of 2.0% from 2014 to 2020. The global aquaculture market is segmented into carp, mollusks, crustaceans, salmon, trout and other fish.

Benefits of Fish Farming in India:

Setting up commercial fish farming business has many advantages. The main advantages of setting up commercial fish farming business in India are listed below.

· Fish and fish products has a huge demand in India. Fish is one of the most common and favorite item in the food menu of more than 60 percent of Indian people.

· Market demand and price is always high for fish and fish related products.

· Indian climate is very suitable for fish production and fish farming business.

· Easily available and low cost labor. You can also start integrated fish farming business with various types of animals, birds, crops and vegetables. Integrated fish farming reduces feeding costs and ensure maximum production.

· Fish farming in India is really very profitable and risk less business. Commercial fish farming can create new income and employment opportunities.

The rate of commercial fish farming in India is increasing rapidly. Because fish and fish products has a huge demand in Indian market. And the consuming rate and demand of fish is increasing gradually in accordance with current population growth. Sea and rivers are the main and major source of fish.

Here are few Projects for Startups:

SHRIMP FARMING (PRAWN BREADING IN SEA WATER)

Shrimps are swimming, decapod crustaceans classified in the infraorder caridea, found widely around the world in both fresh and salt water. Adult shrimps are filter feeding benthic animals living close to the bottom. They can live in schools and can swim rapidly backwards. Shrimps are an important food source for large animals from fish to whales……..Read more

FISH OIL (PRODUCTION AND REFINING) WITH FISH MEAL

Fish is used as a source of food either in raw or dry state. It has protein which is amino acids. Another means of utilization of fish is the manufacture of fish meal and fish oil. Fish oil is consisting triglyceryl esters of fatty acids and minor proportions of free fatty acids, vitamins, coloring matters, hydrocarbons, sterols, phosphatides etc…….Read more

FISH DEHYDRATION

There are varieties of fish available in India. They are sweet water fish and salty water fish. Both the fishes can be stored by dehydration. Dehydration is a process technique of removal of water from fish bodies by mechanical means i.e. heat and dehumid air over the fish…….Read more

FISH FARMING

A larger part of the average family's food bill goes on protein foods e.g. cheese, eggs and fish etc., which are important parts of a healthy and well-balanced diet. Now-a-days people are turning to fresh-water fish such as rainbow trout, carps and tench, which can die raised in ponds and ornamental garden pots…….Read more

FISH MEAL

Fish Meal is a dry & easily stored product forming a valuable ingredient of the rations of farm animals, particularly young pigs & poultry. Production of fish meal is basically from white fish offal, chiefly heads back bones. For the production in some factories, pelagic fish such as herrings, sardines & pilchards are used……..Read more

SYNTHETIC FLOATING IN FISHING INDUSTRY

Floating agent in the fishing industry has indirect relation. It has very good relation with fisheries. Fisherman has applied it lot for spreading net throughout the water surface with indications. Floating agent actually serves two purposes towards the fisherman, one it is used for spreading net throughout the surface and second it can be used as indicator………Read more

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Introduction

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Project Objective and Strategy
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Properties
BIS (Bureau of Indian Standards) Provision & Specification
Uses & Applications

Market Study and Assessment

Current Indian Market Scenario
Present Market Demand and Supply
Estimated Future Market Demand and Forecast
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Market Opportunity

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Properties of Raw Materials
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Project Location
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Project at a Glance

Assumptions for Profitability workings	Plant Economics
Production Schedule
Land & Building Factory Land & Building Site Development Expenses
Plant & Machinery Indigenous Machineries Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets Furniture & Fixtures Pre-operative and Preliminary Expenses Technical Knowhow Provision of Contingencies
Working Capital Requirement Per Month Raw Material Packing Material Lab & ETP Chemical Cost Consumable Store
Overheads Required Per Month And Per Annum Utilities & Overheads (Power, Water and Fuel Expenses etc.) Royalty and Other Charges Selling and Distribution Expenses
Salary and Wages	Turnover Per Annum
Share Capital Equity Capital Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals Revenue/Income/Realisation Expenses/Cost of Products/Services/Items Gross Profit Financial Charges Total Cost of Sales Net Profit After Taxes Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements Current Assets Gross Working. Capital Current Liabilities Net Working Capital Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets ROI (Average of Fixed Assets) RONW (Average of Share Capital) ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios D.S.C.R Earnings Per Share (EPS) Debt Equity Ratio
Annexure 7 :: Break-Even Analysis Variable Cost & Expenses Semi-Var./Semi-Fixed Exp. Profit Volume Ratio (PVR) Fixed Expenses / Cost B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume Resultant N.P.B.T Resultant D.S.C.R Resultant PV Ratio Resultant DER Resultant ROI Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status Equity Capital Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks Determined Capacity P.A of Products/Services Achievable Efficiency/Yield % of Products/Services/Items Net Usable Load/Capacity of Products/Services/Items Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation	Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit	Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,	Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit	Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses	Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges	Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses	Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses	Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)	Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)	Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits	Annexure 35 ::Projected Pay-Back Period And IRR