Assessing profitability of each farming sector is a very difficult task.Some years may go bad for a particular agriculture sector,at the same time other years it may be highly profitable.So if you want to really assess the profitability,you need to continue at least three years in a particular sector.Below given are some of the profitable farming sectors which are existing more than 10 years and proved the profitability.
By hearing about profit,don't misunderstand these as an easy way of income.Your dedication and hard work will surely reflect in the income you earn.Below are some of the profitable farm business options you can choose of if you are passionate about it.
Dairy farming is well practised all over India and is the highest revenue generating sector in rural areas.The major importance of Dairy farming is that,it can be integrated with all other farming methods.The manure from Dairy farm is much essential for cultivating other crops and improve the fertility of the land Organically.Organized Dairy farming can make wonders and is highly profitable.
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Poultry farming is one of the largest farm business industry in India.The demand for Egg and Meat is growing day by day and will continue to be profitable in coming days also.The main threat for this industry is the sudden viral diseases,still the Industry proved its sustainability in last 10 years and it is one of the quick earning option for farmers.Organic method of egg production is the future scope in this Industry.
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Goat farming is another profitable farm business which you can start from scratch.The speciality of Goat farming is that you can start the business with minimum investment and manpower.You can start with one pair of Goats and later expand the business.Goat farming is commonly a family run business,but if you wish you can develop it as a full fledged Hi-Tech farm.
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Fish farming is profitable if you are located near a place surrounded with water bodies. Even though it is highly profitable,in most parts of India,it is seasonal.It can be done in association with other types of farming.Integrated fish farming is proven to be highly profitable in India.High market demand and price is the main attraction of this farm business.
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Banana farming is a quick income generating business.Before venturing into this business,you need to do market study to ensure market demand.Natural calamities and diseases are the main threats for Banana farming. Even though it is a labour intensive farming,the income can cover all those expenses.
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This is a modern technique of farming which is emerging as a high profitable business.In this method,farming is done inside a protected environment which is favourable for the plants to grow.This will help farmers to get maximum yield from plants and the products are of high quality.This method is getting more and more popular in India and the greatest advantage is that it can be done in almost all parts of India.
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Honey Bee farming is not only a farming but a hobby too.Honey is having lots of health benefits.It is used in almost all medicines in Ayurveda.This makes honey a demanding resource.If you can provide continuous supply of Honey to these medicine manufacturers,you can earn great revenue from Honey Bee farming.
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