DAIRY FARMING BUSINESS- WHAT IS THE MARKET AND REQUIREMENT FOR ENTREPRENEURS TO INVEST IN THIS BUSINESS?
Investment in a business should be done by going through the whole explanation of the business and knowing all pros and cons of including in it. Otherwise, you might fall in a ditch during investing in the business. So we will give an all-inclusive report on investing in the dairy farming business. Commercial and small scale dairy farming in India is no doubt playing an important role in the total milk production and economy of our country. And almost all regions of India are suitable for setting up a dairy farming business. Most of the dairy farmers in India are raising animals in small scale traditional methods. They are not aware of modern farming methods and improved techniques for dairy farming. As a result, some farmers are losing their investment instead of being benefited. Proper business plan, well management, and care can ensure maximum production and profit from a dairy farming business.
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NPCS’s full project report goals to offer you with all the expressive info required. The following are the conclusive points on why to participate in this business:
- Benefits of starting dairy farming - Dairy farming business is an old-fashioned good that can easily be sold in almost every habitation of India. And dairy products market is the active whole year. It is eco-friendly and it doesn’t contaminate the atmosphere. Also, it doesn’t require highly expert labor. Great business chances for jobless educated fresh people. Proper preparation and administration can ensure supreme production. Highly useful natural Indian and foreign kinds are proper for farming permitting the climate and atmosphere of India.
INDIAN DAIRY MARKET BREAKUP
- Primary Steps - Setting up a dairy farming business in India is not so easy. You have to go through several important steps for setting up dairy farming in India. Consider the following tips while starting a dairy farming business in India.
- Choose the goal and objective of your farm contains accommodation, feeding, , amount of animals to be sustained, etc.
- Visit some marketable dairy farms and talk over with the knowledgeable farm holders about dairy farming systems and secrets. to examine various farming schemes and extremely extend your knowledge.
- Starting a farm at an industrial scale, then try to work inside a present farm for six months.
- Analyze the availability of food and its costs. You also have to stock food for opposing seasons.
- Hire hardworking labor with some applied experience. Visit your nearest market occasionally and observe the price and demand for live animals and dairy products.
- Keeping good condition with market help you for getting the suitable value of your products and purchasing essential supplies.
- Feeding - always try their regular food. Because green food helps the animal to produce more milk and helps the creator to reduce nourishing costs. Dairy animals need more water than other animals. Generally, a milk-producing animal requires five liters of water for producing one-liter milk. So, always serve them a sufficient quantity of clean and fresh water.
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MILK DEMAND-SUPPLY PROJECTION IN INDIA
S.No. |
Year/Period |
Supply (In million tonnes) |
Demand (In million tonnes) |
1.) |
2016-2017 |
162 |
148 |
2.) |
2017 -2018 |
194 |
174 |
3.) |
2018-2019 |
203 |
182 |
4.) |
2019-2020 |
276 |
246 |
5.) |
2020-2021 |
289 |
256 |
- Housing - Good habitat play a substantial role in keeping the animal healthy, sicknesses free and productive Generally 40 square feet inside the hut and 80 square feet open space is compulsory per animal. In small scale manufacture for 20 animals, you have to ensure obtainability of 3000 square feet land area. For medium-scale producers with 100 animals, 15,000 square feet space is required. Essential facilities include proper ventilation, sufficient flow of fresh and clean air, sufficient space, etc.
- Management and Current Challenges -. Try to keep the animals free from all categories of cattle diseases. Inoculate them timely. Offer them nutritious food and clean water frequently. Make a standard of essential drugs and other capitals. Dairy product has huge response through India. You can easily sell your goods in almost every residences in our country. High substructure and feeding cost is the main restraint of dairy farming. Most of the farmers don’t serious about the total expenditure and profit from this business. Getting projected milk production to be governed by the proper breeding process. Dairy farming requires careful, proper care, good organization and you have to be attentive always for industrial purpose, you have to employ several practiced people with high pay.
Every business goes with some additional advantages and problems. On average, commercial dairy farming in India is profitable. If you want to start this business, try to learn more about it and visit as many farms as possible.Finally, this is a good sign for the future of our dairy farming. The Government needs to essence on attracting investors. India can prove to be a world power in pending years by coming investment in this sector elegantly.
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NPCS’s project consultancy and market investigation fields put frontward the developing opportunity for the dairy farming business at an industrial level.
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