
Honey business: If you live in the village, are related to farming and farming and want to start your own business for less money, then beekeeping business can be a great option for you. Especially with bees of APIS CERANA species, you can make good income throughout the year by preparing products like pure honey, wax and royal jelly. Honey is a product whose demand is always there and it is also easy to start it with government schemes like KVIC. Let's know how much budget is needed for this business and how much profit is there ...
To start this project, you have to invest mainly in equipment and bee colonies. In this, the cost of equipment such as bee hives, hive stand, smoker and handling tools etc. will come to about ₹ 55,000. Working capital will be ₹ 4,200. In this way, the total cost of this project is ₹ 59,200.
Sugar feeding, migration, disease control: ₹ 2,000
Skilled & Unskilled: ₹ 12,000
Other expenses (Insurance, Admin, Maintenance): ₹ 7,500- ₹ 8,000
Annual production of products like honey, wax and queen B: 504 kg
Market Rate: About ₹ 50 per kg
Annual Sales Value: About ₹ 2.5 Lakh
Net Profit: ₹ 69,000 - ₹ 55,000 (as per production)
Disclaimer: This article is only for information. The financial and business information given in it is derived from kviconline.gov.in. Possible profits and risk in this business depends on different markets, locations, scale and product quality. Before investing, consult your financial advisor or business consultant.