Do you want to start a fish farming business in India? If yes, here is a list of 5 Profitable fish farming business ideas that you can start with low investment.
Fish farming business gives very good returns. You can start this business of any size depending on the personal capacity. This business can be started even from home via aquarium or via tank. However, it is advisable to start this business at specific place with pond culture.
You need to consider various factors when you start this business. The list includes knowledge, skill, financial capacity, market demand, fish farming climate etc. You need to know about fish farming method and you need to make business plan before starting this business. Most important part is finding out permission and licensing issue of local authority and the government.
Fish farming is rapidly growing industry in India. Indian climate is suitable for fish farming. Fish is one of the most common and favourite items in food menu of more than 60% of Indian people. Market demand and price is always high for fish and fish related products in India. Fish farming can be started even part time.Here is a list of 5 Profitable Fish Farming Business Ideas.
5 Small Scale Fish Farming Business Ideas
Rohu Fish Farming
Rohu Fish is fresh water fish of carp family. Rohu family is very popular fish in India due to taste and market demand. Farmer can expect vary good profit in Rohu Fish. Usually Rohu fish gain maturity at the age of three years and a female Rohu fish contains 3 lakhs eggs. The best season of laying egg is from April to July. This fish usually lay eggs in open waters and not stagnant water. You will need organic, inorganic fertilizers and supplementary feeding for better farming.
Catfish is hardy fish that are easy to farm in warmer climatic condition. Catfish is a source of omega-3 and omega- 6 fatty acids. It is excellent source of protein also. Due to health benefit this fish is always remains in demand. There are a number of catfish species, but the three most prominent ones are blue catfish, channel catfish, and flathead catfish. You need to take care about proper feeding of catfish.
Atlantic cod is one of the most important commercial fish species in Northern Europe and North America’s eastern coast. Hence, it is getting popular increasingly. The market size for cod is usually 2-4 kg and is achieved 24-36 months after hatching. Therefore, if you want to start a cod farming business, then you must have a long-term planning.
Starting a Fish hatchery is one of the best fish farming business. Fish hatchery is an artificial fish breeding centre. Fish hatcheries provides juvenile fish to commercial fish farms. The business ideas of fish hatchery is highly profitable. However, you need to invest money and do proper business planning while starting this business.
Integrated Rice and Fish farming
Integrated rice and fish farming is nothing but growing fish in rice fields by using the same area without impacting rice quality and yield. Integrated fish farming provides the option for getting extra income along with main crop rice. Please note that only few types of species are suitable for integrated fish farming business. The fish which can tolerate high temperature up to 38 degree and shallow in water less than 14 cm depth are suitable for this type of farming.
At last I would like to say that fish farming is difficult business which requires domain knowledge, expertise and lot of hard work. Make sure to study market, climatic condition and suitability of place before starting this business.