If you want to start a good and profitable business in the new year, then gold fish farming can be a great option. The demand for this business is increasing day by day and it does not require much funds to start it. This business can earn you huge profits with low investment.
Keeping a gold fish at home is considered good luck, and its growing popularity has turned it into a lucrative business.
Increasing demand for gold fish
Nowadays people like to keep aquarium to decorate their homes. The most popular fish among these is gold fish.
- Demand in India:
The demand for gold fish is very high in India. People like to keep it in their homes for decoration and to bring good luck. - Selling at high prices:
The price of gold fish in the market ranges from ₹2,500 to ₹30,000, making it a lucrative business.
cost of gold fish farming
The initial cost to start gold fish farming is not very high. This business can be started between ₹1 lakh to ₹2.50 lakh.
What is necessary?
- Aquarium:
- For business you will have to buy a 100 square feet aquarium.
- The cost of the aquarium will be around ₹50,000.
- Necessary items:
- Purchasing filters, air pump, and other equipment for the aquarium will cost ₹50,000.
- Gold Fish Seeds:
- For farming, the ratio of male and female fish should be 4:1.
- The fish are ready for sale 4-6 months after sowing the seeds.
Potential earnings from gold fish farming
The increasing market demand for gold fish makes it a profitable business.
- High profits:
The price of a gold fish can range from ₹2,500 to ₹30,000, which makes this business extremely lucrative. - Earnings worth lakhs of rupees:
If you do gold fish farming on a large scale, you can earn lakhs of rupees in a month.
Benefits of gold fish farming
- Less cost:
It does not cost much to start this business. - Increasing Demand:
There is always demand for gold fish in the market. - Symbol of good luck:
Gold fish is considered auspicious, due to which its demand never decreases. - Long term business:
This business can continue for a long time, as it is used for decoration and auspicious signs.
