This is my first post on this forum, thanks to all of you for sharing your knowledge on this forum for free .
After reading through many topics, I realized couple of things:
- Buying a farmland for a city bred guy is difficult.
- Selling your yield for a handsome price is even more difficult.
I have been getting some invaluable inputs from many of our members and have been planning to gradually move into this field.
My plans are as follows:
- Open a couple of vegetable outlets (not spending more than 75K for each). Start procuring vegetables from the wholesale market. This is to get a first hand experience and also make my presence felt in the market.
- Tie up with a friend who has a farmland (about 3 acres) in outskirts of Bangalore (50-50 partnership, I don’t pay for the land but we share the profits). I have to bear all the farming expenses like seeds, labour and other things.
- I work on the field and grow vegetable and fruits that can be sold at my store (have made up my mind to use natural farming techniques only). Grow all the vegetables in small quantities just to suffice the needs of the two stores.
- Then sell them at market price at my store, and will also buy vegetables from other farmers and pay them also a handsome price (buy only those that I can’t grow).
- If things goes as per plan then open chain outlets and procure the goods from the farm directly, thus helping the whole community ( needless to say I benefit ).
I know this plan has been tried by big players and have failed, but since we are doing on a small scale I thought we could be successful.
Kindly let me know if this is practical or just looks good on papers.
In the meantime I will be trying to buy my own land.