If you want to start shrimp farming business, then you should learn how to grow prawns, complete information on shrimp farming, costing, profit, farm design, etc. for beginners as well tips on shrimp farming at home. The government of India, along with Australia and Canada has identified the benefits of small business based on the coastal agriculture that includes, shrimp farming and fish cultivation that has helped in enhancing the aspects related to economic as well as social welfare. In India, the oldest form of shrimp farming is the commercial shrimp farming. Shrimp farming, therefore, has established in a wide part of India including Gujarat, Andhra Pradesh, and Kerala and so on.
Recently, it has realized that other countries are nurturing the concept of shrimp farming to get a maximum amount of profit. Like in Australia, the idea of shrimp farming has been considered as a unique way to get profit. On the other hand, as shrimp is the most consumed item in North America and Asia, Canadian public has also accepted the concept of shrimp farming actively.
How to start Freshwater Shrimp Farming?
If you are determined, have at least 15 decimal of land (6,525 sq.ft), financially sound and wanted to start own shrimp farming, then it can give much better return than any other farming business.
Since the demand of freshwater shrimp is huge across the globe and the current market price is Rs 400 to 500 per kg ($7 to $8), therefore you can make a huge profit.
With the help of theological knowledge and pragmatical training, once can make prawn farming a profitable business. Therefore we can say that shrimp cultivation in India is a huge profit making business.
Many successful people who started this prawn business, initially began as a backyard freshwater shrimp and later made it big.
I will suggest to not to jump directly into shrimp business by putting the huge amount, instead start shrimp farming operation in small scale, learn, gain experience and then put your hard earned money into this business.
Site selection for shrimp farming
As the demand for prawns is increasing in the world market, therefore, it has enhanced the essentials for small people in business to consume more areas for shrimp production, to satisfy the demand of international markets.
Only in India, the government has computed the total needed area for shrimp farming is 11.91 lakh hectors (1.2 million hectors) over ten states like Gujarat, Andhra Pradesh, Goa, West Bengal and so on.
The soil selection is the most important part in shrimp farming as the prawn spend most of their time at the bottom of the pond and clay or loam based soils that contained 90% of the earth and with PH balance 6.5 to 8.5 is the best option in this regard.
Particular area estimation for shrimp farming depends on the invested capital in this business as site selection is not an easy job for shrimp farming.
While opting for shrimp farming, it is essential to be aware of the cost estimate that how much capital needs to invest. From the surveys, it has realized that Rs 2 lakh would need per hectare (approx 2.5 acres).
If the scientific method applied in shrimp farming, then the farmer can expect a yield of about 750 kg per ha on a yearly basis. That means an entrepreneur can easily earn Rs 250,000 / $4,000 per year (considering price of Rs 300 per kg, while retail market rate of prawn is Rs 400 to 500 – Note: Consider $1 = Rs 65)
For shrimp farming, no particular plan for lake has yet determined, but large pond for shrimp farming should be of the size of 0.4- 0.6 Hector, and the water must be able to be drained for freshness management.
The pond must have separate concrete dikes and water supply channels along with life-support systems like generator and aerators. The water channels and their design, elevation, and orientation must align with the tidal fluctuations that are related to the particular area for farming.
Along with this, the layouts of the canals and dikes must even and tightly fit so that the cost can reduce for agriculture.
New Techniques for growing Shrimp
There are two techniques for shrimp farming have been identified, such as draining the pond while catching the shrimps in the bag net or through netting the prawns in lake water.
In respect to the first technique, the pond must design accordingly, and the outlets should also be designed in such a manner so that the draining process could complete within 4 to 6 hrs. A bag net should be fixed at the end of the outlet so that all the shrimps could collect that are carried out by the water flow.
The best suited time for harvesting is in the early morning, and the entire process must complete before mid-morning. The harvesting technique must perform in such ponds in which the tide of the flow is light.
Avoid any loss to the shrimps; it must frequently remove from the net bag in small quantities.
The other technique of harvesting must include a small electric net of seine net for netting the shrimps in the pond.
The water level should reduce to 0.5 to 0.75 mm, and the workers must enter the lake to do netting in the water. But this technique has been realized to be less advantageous than the previous one as it causes the disturbance at the bottom of the pond and contamination of the shrimps.
Shrimp farming in tanks and shrimp farming at HOME
Naturally, shrimp farming needs a wide area to flourished and successful. But, if anyone intends to start a business like shrimp farming while storing in a tank then the tank must be of the size 50 m3, and concrete tanks would be a better choice in this regard.
Though there is no particular requirement for tanks, it must be able to vent sufficient air and supply of fresh water is also important. For shrimp farming at home, shrimps must be acquired between 40 to 60 days and should be kept in tanks or small ponds, ten shrimp for 20-gallon water for providing each shrimp personal required space for growth and the June month is the best season for shrimp farming at home.
Marketing - Fish Farming Business plan
Once the business set, marketing strategies are the most important aspects that would be able to deliver maximum profit to the farmers. Selling shrimps directly to the consumers is one of the best ideas to earn more profit.
However, it also requires good effort. The best option for shrimp farmers who conduct their business at home or in a full land is the weekly held farmer’s market and try to get best Fish farming business plan.
The current price of 1 kg prawn is in between Rs 400 to 500, therefore if you have the man power, then you can quickly make a huge profit from this business. Just make sure to gain some practical knowledge or try any Fish farming business plan before starting prawn business, good luck!!
Below are few good institutes where one can get Shrimp or Prawn farming training in India:
Head, PGE&T, CARI
Pin Code: 243122
State: Uttar Pradesh
Phone Number: 0581-2300204
Cell Phone: 98378-36313
Please note that the ICAR do provide short term training.
Fish Farming Business plan
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Bit more information you can find at https://en.wikipedia.org/wiki/Shrimp_farming