Franchise model can be used to help out farmers in cutting down their costs of production and marketing, providing stable and remunerable market access and improving price realization. Here are some of the low-cost agriculture franchises in India.
The concept of franchising has recently been quite popular among most of the sectors in the Indian economy. However, although it has a presence in the agriculture sector, itis at a very nascent stage. With the help of the government initiatives such as NAFED and IFFCO, franchising in agriculture sector seems to be growing gradually. NAFED (National Agricultural Co-operative Marketing Federation) has 2000 franchise across eight states (1400 in UP alone) for selling inputs, especially fertilizers and seeds, while IFFCO has started franchises in rural areas.
Other than the government-led initiatives, there are some of the private companies that are taking up a franchise model to help out farmers in cutting down their costs of production and marketing, providing stable and remunerable market access, and improving price realisation. Here are the top six low-budget agricultural-business franchises in India.
Organic Food Franchise
Organic food and beverages is the fastest growing trend of the F&B industry. This is why the market for organic food products and ingredients is witnessing a huge demand. Farm2Kitchenis one of the biggest brands under this category that invites franchisees to supply organic food products in the market. The investment amount required to start a Farm2Kitchen franchise is Rs 10-20 lakhs for the area of 300 sq ft. It’s a lucrative business opportunity for those who wish to start an organic food business with a low capital.
Outdoor Farm Equipment Franchise
Outdoor farm equipmentis the most essential requirement of a farmer. The farm equipment can be operated by a single person and they are efficient, ergonomic, cost-effective, versatile and safe to use. This is why they are demanded all over India. Agrimart, one of the biggest players in the supply of outdoor farm equipment is heading towards becoming a leader in providing farm equipment like irrigation machinery, pipes etc. and is operating pan India. The minimum investment required is just Rs 25 lakhs for the required area of 1000-1200 sq ft.
Animal Feeding and Healthcare Franchise
Animal feeding and their healthcare, both of these categories have been in a major demand since there is a growing awareness among people regarding the conditions of animals in the poultry farms. GrowelAgrovet Private limited offers franchising in the animal feeding and healthcare segment. The amount that is required to invest in a Growel franchise is Rs 30 lakhs for the area of 1000 sq ft.
Vegetable and Fruits’ Franchise
Vegetable and fruits’ franchises are difficult to find because of the limited shelf life of these products. However, OrganoBestprovides high quality vegetables and fruits. The minimum investment required is Rs 3-4 lakhs for the area of 200-300 sq ft.
Poultry Farming Franchise
A high yielding business model of poultry farming is a highly profitable business option. Gopi’s Chicken, a reputed poultry farm, offers franchise opportunities in poultry farming in a comparatively low cost. The investment required to start a Gopi’s Chicken franchise is Rs 6.5-7.5 lakhs for the area of 220-660 sq ft.