To process and produce hybrid seeds and sell them to farmers, gardeners, retailers, hobby gardeners and also through online sites.
Product/service description
To obtain unprocessed raw seeds from the farmers and process them in the plant to produce hybrid seeds. These seeds will then be sold in the market to farmers, gardeners, retailers and through...
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Product/service description
To obtain unprocessed raw seeds from the farmers and process them in the plant to produce hybrid seeds. These seeds will then be sold in the market to farmers, gardeners, retailers and through online sites.
Market Scope/Potential
Hybrid seeds are in great demand in the market because of their ability to give better produce and to withstand adverse conditions like draught and diseases. Though there are many seed processing plants, there is a scope of a lot more development in this area. Presently, since the demand is more than the supply, this business has a good scope of growth.
Opportunities
Agriculture is the main occupation of the people in India so good seeds are definitely in great demand for a good produce.
Hybrid seeds give better yield and are resistant to draught and diseases.
Processed seeds have better germination power.
The business gives huge profits.
Less competition in the market.
The latest technology is helping in faster and better methods of seed processing.
Risks
The seed packaging should be done with special care.
Sometimes the seeds become old and lose their power to germinate properly.
Seeds might get attacked by pest or absorb humidity.
Government certification is a must.
Initial investment is huge.
Entrepreneurial qualities
Anyone entering the seed processing business must have a good knowledge of agriculture. He/she should be aware of the latest developments in the field of seed processing and biotechnology. Marketing skills should also be great so as to make effective strategies to increase the sales and thus the profit.
Conclusion
Seed processing business is for a person who has a good knowledge of agriculture as well as biotechnological developments. He/she should also be able to manage a big team of workers and carve out creative marketing strategies.