Biofertilizers Business Raising Seed Funds In Kolhapur
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Product / Service
The range of bio-fertilizers includes specialized variants such as Sugar Special, PSB Special, KMB Special, Soya Special, and Decomposer Special, along with specific strains like calcium, magnesium, zinc, iron, silicon, and boron solubilizing bacteria.
Clientele type
They majorly cater to farmers.
Premises
OWNED
Premise Size: 5000sq feet
Market Value (in INR): 3.00 L
Asking Price Includes
20
Asking Price
INR 50.00 L
Minimum ticket size
INR 25.00 L
Reason
With seed funding, these ventures can grow exponentially, meeting the increasing demand for biopesticides and biofertilizers and contributing to sustainable agriculture practices.
Other Details
The promoter got this idea in 2022, and they found a loophole to establish them as a brand. In developed countries, biopesticide use has been widespread, but limited availability for regionally important pests has hindered growth in developing nations. However, awareness among farmers in these regions is rising, with new products entering the market. Interestingly, most registered insect control products in developing countries are bacteria-based (104), followed by nematodes (44), fungi (12), viruses (8), and protozoa (6). This growth is driven by challenges such as pesticide resistance, re-registration, and changing attitudes. In India, biofertilizer production faces similar challenges, though it is available for major crops and nutrients (N, P, K). With increasing demand, production is expected to rise, with small and medium manufacturers emerging alongside state institutions and NGOs. Major producers include Madhya Pradesh, Maharashtra, Karnataka, and Tamil Nadu, yet the demand outweighs current production capacities.
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₹10 to ₹200 Cr
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