We provide an overview of the topic of starting a farm and point you toward the best information and resources to help you get started. profitability.
This sector is a real support of the Indian economy; around 90 % of Indians are directly or indirectly related to this sector, which contributes a major part to the country’s GDP.
New Farm Project Involves Systematic Planning
Identifying high-profit crops :
Financial planning and investment
If you want to start your own farm then you must have a solid financial plan. This includes many factors such as costs for land purchase, farm equpments, labor, seeds, and fertilizers.
Another reason is that you must calculate the amount of money you will spend initially and the amount you will spend throughout the process because such data will inform you about your return on investment. You can also find more detailed information about such things as subsidies, loans, and grants which are offered by the government in order to decrease your level of spending.
Marketing your farm products
Direct-to-consumer sales
Once you will start your farm officially then you can enter into D2C market, which means if you will sell your produce directly to the customers without any market or third party interference then it will increase your sales and will give you chance to earn better profits.
To sell your produce you can set up a local market stall, online shop, or even create a farm shop on-site. Once people will start having faith in your product then they will become your loyal and lifelong customers that can give you maximum profits.
Partnering with Industries and Agribusiness Corporations
Beyond sales, you can also enter into B2B market as well where you ca partner or collaborate with industries and agriculture business that need raw material in bulk on daily basis.
These partnerships will help you to tap larger agriculture markets and will give you a stable and lon-term income.
