A cutting-edge method of cultivating plants is hydroponic farming, which substitutes nutrient-rich water for soil. Hydroponic farming has grown in popularity across the globe due to the increased demand for fresh, pesticide-free products. Hydroponic farming has gained popularity in India as well, with many businesspeople and farmers adopting this technique to supply the demand for fresh fruit.
However, there is no precise information available regarding the number of hydroponic farms in India. Although there are several modest hydroponic farms spread out around the nation, neither their number nor size are subject to official documentation.
For example, the type of hydroponic system used, the cost of equipment, the cost of fertilizers and labor, and the cost of land can all affect the price of creating a 1000 square foot hydroponic vegetable farm in India. In India, the typical cost to establish a hydroponic farm of this size is between 10 and 15 lakhs.
Hydroponic farming is not always lucrative in India, despite its many benefits. The high expense of technology and equipment, which can be a considerable barrier for small-scale farmers, is one of the main causes of this. Water and power costs can potentially add up to a lot of money out of pocket, especially in places where these resources are in short supply.
A hydroponic business can be expensive to launch due to the initial outlay needed to set up the farm and purchase the essential machinery and technology. Starting a hydroponic business in India might cost anywhere from 50 lakhs to 1 crore on average. The cost of selling lettuce grown hydroponically varies according to the product’s quality and market demand. In India, hydroponically grown lettuce typically sells for between 50 and 100 rupees per kilogram.
Conclusion: Despite the fact that hydroponic farming is still a relatively new idea in India, it has the potential to completely change how we produce and enjoy fresh food. However, small-scale farmers and business owners may find it difficult and expensive due to the high cost of tools and technology as well as the cost of resources like power and water.
Hydroponics and aquaponics can be used to generate income in a variety of ways. Selling the product produced using these techniques directly to consumers or in neighborhood markets is one option. Providing produce to grocers or restaurants is another option. You can also market the tools and materials required for hydroponic and aquaponic farming. Additionally, some people provide consulting services to aid in the setup and upkeep of other people’s hydroponic or aquaponic farms.