In recent times, agricultural businesses have consistently proven to be profitable ventures for farmers. Poultry farming is one such venture that has gained popularity, offering farmers an opportunity to increase their income efficiently.
The Rise of Poultry Farming
Poultry farming, including chicken rearing, has witnessed a surge in popularity. In the Banka district, numerous farmers have embraced this business, successfully earning substantial profits. One such farmer making waves in this sector is Ratan Kumar Singh, residing in the Padampur Harchandi village under the Rajoun block in the district.
Ratan Kumar Singh initiated poultry farming with 520 chickens. Through his hard work and dedication, he has expanded his poultry farm and feed business, achieving an annual turnover in crores. This success story not only reflects financial prosperity but also contributes to generating employment opportunities for many.
Overcoming Initial Challenges
Facing initial losses during the inception of his poultry farming venture, Ratan Kumar Singh shared with Lokal 18 that after completing his intermediate education, he struggled to find employment. Frustrated with the lack of job opportunities, he decided to venture into poultry farming.
Initially, he incurred losses due to insufficient information, but with the advice of friends, he gained insights into the intricacies of poultry farming. Constructing a shed with a capacity for 6000 chickens, he turned his fortunes around by raising chickens and establishing a lucrative business.
Diversification and Collaboration
Ratan Kumar Singh did not stop at poultry farming; he expanded his business to neighboring states like Jharkhand. Achieving an annual turnover in crores, he emphasized that collaboration with a major company enabled him to venture into chicken and feed businesses. This collaboration significantly contributed to his success.
A Booming Business
The poultry farming business has not only flourished in the Banka district but has also spread to neighboring regions like Munger and Bhagalpur. More than 150 poultry farms operate in Banka, purchasing chicks and feed from local farmers like Ratan Kumar Singh.
Ratan Kumar Singh’s success story serves as an inspiration for others in the region. He shared that after a few initial years of modest turnover, his business has now crossed the three-crore mark annually. Gradually expanding his operations, he has also ventured into fish farming, providing additional income and employment opportunities.
Poultry farming, when integrated with traditional agriculture, can be a lucrative business for farmers. Ratan Kumar Singh’s journey highlights the potential for growth and success in poultry farming. As farmers explore diversification, such ventures can contribute not only to personal financial growth but also to the economic development of the region. Consider the possibilities, embrace innovation, and transform your agricultural landscape for a brighter future.