Goat Farming Project Report: Set up Cost & Profit Margin

Is Goat Farming Business is Profitable? Check here Goat Farming Project, Profit and information for beginners 

There are numbers of goat breeds present, which can be raised commercially to earn money in a very short time period. Goats farming along with sheep farming play an important role in Indian economy by providing employment to unemployed young educated. There is an amazing demand for goat meat in the market.

One can earn instant and sharp income in a very short time period. So, let’s learn from the following goat farming project report, goat farming project cost, how much profit in goat farming in the following section.

Goat Farming Project | Cost

Before starting a new goat farm, it is a good thing to take goat farming training from any training center. So that you can learn the basics of goat farming like what do goat eat, how to raise goats, goats diseases and lots more about raising goats commercially.

goat farming set up cost

Must check the following point before starting goat farming business in India.

  1. You must have a good stock of food and also fresh water.
  2. Also, a good breed is also required
  3. Good demand in the market for goats & their meat in local.
  4. At least, a single veterinary hospital or Livestock Aid center in your local.
  5. Also, availability of con. fodder & medicines.

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Can I Get Government subsidy for Starting Goat Farming Project?

Yes, the government subsidy is available there for starting this project. The government gives subsidy about 25 % for general category & 33 % for other to those people, who are interested in starting goat raising business but have less capital with them. The figures vary with project figures.

How Can I Get Loan & Subsidy For This Project?

It is suggested that, please consult your local husbandry or veterinary officer for learning all about the loan & subsidy on goat farming project. Since they are the best source for your business plan.

Goat Farming Project Report

This following project report is prepared on the following assumption

  • Purchase healthy adults, bucks and does of proper goat breed when they are 2 years old.
  • Utilize the goat manure in for fodder culture.
  • Buy a new one, if there is a death of any goat from the claim of Insurance.
  • Must take care of your raised breeds.
  • Also, a good management of your goat is required.

goat farming

Here below are some figure of this project report which helps you some more.

Parameters Taken

Goat Breed Any suitable Goat Breed
Rearing System Semi-intensive
Does no’s 100
Bucks no’s 5
Kidding interval 8 Months
Maturity age 10 to 12 Months
No of kidding per year 1.5 kid
Avg litter size (Chances of single, twinning, Trbelow quadruplet per delivery) 2 no’s
Kidding rate 90 %
Death rate in kids 15 %

Goat Requirement

Here below are some figure of this project report which helps you some more.

Space required per head for Does 10 sq feet
Space required per head for Buck 15 sq feet
Space required per head for kid 5 sq feet
Cost of construction Rs. 180 per sq feet
Cost of green fodder growing Rs. 5000 per acre in a season
Cost of equipment Rs. 20 per adult goat
Concentrate feed required for Bucks (for two months) 8 kg per month
Concentrate feed require for Adult does (per kidding) 7 kg per month
Concentrate feed required for Kids (for one month) 4 kg per each kid
Requirement of Labour 1 no’s
Labour cost Rs. 6000 per month
Total Cost of buying con. feed Rs. 16 per Kg
Insurance 5 % of total value of the Goats
Cost of Veterinary aid Rs. 50 per year (on each adult goat)

Income from Goat Farming

Here below are some figure of this project report which helps you some more.

Market price of adult Buck (11 month age) Rs 3000
Market price of adult Doe (11 month age) Rs 2500
Income from selling Gunny bags Rs. 20 per gunny bag
Manure income is not considered as it is utilized for fodder preparation

Your Goat Farm

goat rearing project report

Here below is a table that can help you that how much you are going to earn from this business plan every year or how big your business can?

 

Year 1st Year 2nd Year 3rd Year
No. of bucks purchased 5
No. of does purchase 100
No. of kidding per year 1.5 1.5 1.5
No. of female kids (newborn) 135 135 135
No. of male kids (newborn) 135 135 135
No of female kids (died at 15 %) 20 20 20
No of male kids (died at 15 %) 20 20 20
Female adult (no’s), available for selling Give the kid time to grow their market age 115 115
Male adult (no’s), available for selling Give the kid time to grow their market age 115 115

 

Year 4th Year 5th Year 6th Year
No. of bucks purchased
No. of does purchase
No. of kidding per year 1.5 1.5 1.5
No. of female kids (newborn) 135 135 135
No. of male kids (newborn) 135 135 135
No of female kids (died at 15 %) 20 20 20
No of male kids (died at 15 %) 20 20 20
Female adult (no’s), available for selling 115 115 115
Male adult (no’s), available for selling 115 115 115

Goat Farming Project | Cost

goat farming guide

Here below are some figure of this project report which helps you some more.

Specification Total Amount
Cost of constructing low-cost Shed (for 100 Does) Rs. 180000
Cost of constructing low-cost Shed (for 5 Buks) Rs. 13500
Cost of constructing low-cost Shed (for 230 kids) (Space requirement for kids is 4 sq. feet) Rs. 166000
Cost of essential equipment Rs. 10000
Cost of purchasing 5 bucks Rs. 25000 (Rs. 5000 per buck)
Cost of purchasing 100 does Rs. 300000 (Rs. 3000 per Doe)
Cost of light fitting, & etc Rs. 90000
TOTAL CAPITAL COST Rs. 784100
Cost of Working Capital
Labour salary Rs. 84000 of 1 year (Rs 7000 per month)
Cost of shedding Rs. 13800
Insurance Cost Rs. 16250 (5 % of total goat’s value)
Goat fodder cost (of Does persalaryng) Rs. 21600
Goat fodder cost (of Buck per kidding) Rs. 1200
Cost of growing green Fodder (in 4 acres @ Rs. 5000 per acre in each season) Rs. 20000
Missleanious Cost Rs. 13050
Total Working Capital Rs. 145900
TOTAL PROJECT COST              Rs. 930000

Goat Farming | Profit Margin

goat farming business plant

Here below are some figure of this project report which helps you some more to learn about the profit margin of goat farming business.

 Time Period 1st Year 2nd Year 3rd Year
Labour Cost Rs. 84000 Rs. 84000 Rs. 84000
Insurance Cost (5 % of Total goat value) Rs. 16250 Rs. 16250 Rs. 16250
Cost of growing green fodder Rs. 40000 Rs. 40000 Rs. 40000
Fodder Cost Rs. 36600 Rs. 36600 Rs. 36600
Misslenious Cost Rs. 14000 Rs. 14000 Rs. 14000
Total Investment Rs. 166850 Rs. 166850 Rs. 166850
Income by Selling Gunny Bags Rs 1000 Rs 1000 Rs 1000
Income from selling (male goats @ Rs. 3000 per buckling Rs. 320000 Rs. 320000
Income from selling (female goats @ Rs. 2500 per buckling Rs. 280000 Rs. 280000
Income from Ending stock (5 buck & 100 does @ 2500 per adults and 230 kids @ 1500 per kid)
Total Income Rs. 1000 Rs. 587000 Rs. 587000
Gross profit Rs. -166390 Rs. 421000 Rs. 421000
 Time Period 4th Year 5th Year 6th Year
Labour Cost Rs. 84000 Rs. 84000 Rs. 84000
Insurance Cost (5 % of Total goat value) Rs. 16250 Rs. 16250 Rs. 16250
Cost of growing green fodder Rs. 40000 Rs. 40000 Rs. 40000
Fodder Cost Rs. 36600 Rs. 36600 Rs. 36600
Misslenious Cost Rs. 14000 Rs. 14000 Rs. 14000
Total Investment Rs. 166850 Rs. 166850 Rs. 166850
Income by Selling Gunny Bags Rs 1000 Rs 1000 Rs 1000
Income from selling (male goats @ Rs. 3000 per buckling Rs. 320000 Rs. 320000 Rs. 320000
Income from selling (female goats @ Rs. 2500 per buckling Rs. 280000 Rs. 280000 Rs. 280000
Income from Ending stock (5 bucks & 100 does @ 2500 per adults and 230 kids @ 1500 per kid) Rs. 607500
Total Income Rs. 587000 Rs. 587000 Rs. 1340000
Gross profit Rs. 421000 Rs. 421000 Rs. 1200000

Goat Farming | Profit or Loss?

Here below are some figure of this project report which helps you some more that is goat farming business is profitable or not?

Specification 1st Year 2nd Year 3rd Year
Initial Investment Rs. 784100
Recurring Cost Rs. 167000 Rs. 167000 Rs. 167000
Total Investment Rs. 950000 Rs. 170000 Rs. 170000
Benefit Rs. 1000 Rs. 600000 Rs. 600000
Pure Benefit Rs. -940000 Rs. 430000 Rs. 430000
Specification 4th Year 5th Year 6th Year
Initial Investment
Recurring Cost Rs. 167000 Rs. 167000 Rs. 167000
Total Investment Rs. 170000 Rs. 170000 Rs. 170000
Benefit Rs. 600000 Rs. 600000 Rs. 1400000
Pure Benefit Rs. 430000 Rs. 430000 Rs. 1230000

Note: Each and every figure in this project report varies from region to region. Prices may be higher than that of figure mentioned in goat farming project report. However, we had tried to run with the lowest market value.

Final Words

Friends, all the figures use in goat farming project reports are assumptions and are base on the avg. value.

This project report does not say that you are going to earn Rs. 4 lack every time, your profit may be more or it may be less from it. Depending on your market needs, & farm management skill, you can earn more from this also.

Note: Each and every figure in this project report varies from region to region. Prices may be higher than that of figure mentioned in goat farming project report. However, we had tried to run with the lowest market value.

Learn More about Goat Farming Business Plan: Click Here

Have a happy Goat Farming Business

Goat Farming Business Plan | Profit | Basics And Information

Why Should I Choose Goat Farming As A Business Plan?

Have you ever imagine a business which can be handled by a single person having its multiple yields? I am talking about Goat Farming which could be handled by a single person and it also has multiple fields.

I choose Goat Farming As a Business Plan cause there is a big profit possibility.

Goat farming is the business of milk production along with the meat of goat, hair production which can be used for the various purpose of clothing material, the farm manure which the best fertility with compare to the manure of other animals.

In India, goat farming provides lots of profit to those unemployed youth, young people including the smaller farmers, which do not have much money to start their own business.

Since goat farming does not require more investment and labor to start this business.

There is definitely profit in this business, but how much profit may depend on the farmer and the hybrid which he has used for goat farming also the implement follow him.

Usually, make Some people in the rural areas keep their 30-35 Goats and follow them in a traditional way for less but regular income, which makes them profitable, but could not get much more profit because of lack of good knowledge on goat farming.

Goat farming commercially needs care lots of small things, like the vaccination, cleaning, proper arrangement of clean water for goats, proper arrangement for feeding food, selection of early breed etc.

Goat farming is much popular as meat producing business than the milk producing business because there is no restriction in any religions, casts, and community either it may be a Hindu, Muslim’s, Sikh, Christian etc.

 

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Secondly, goat meat is used on various functions and festival as delicious food like the “Bakara Id” and marriage function and more.

There is a lot of demands of meat of goat in the foreign country also. So there is not a single loss in the goat farming.

Goat Farming Videos To Free Download

Goat Farming Profit As A business

There are so many benefits of goat farming, which include the following

  • There is less space required for the goat farming in comparison to the other animal husbandry like buffaloes. Cow, etc. So you can manage more goats in very less place
  • Goat needs very less food than the other husbandry animal, so there is less feeding expense of theme.
  • Goat can be followed in any type of climate and condition weather it may be hooter or cooler.
  • Goat becomes mature at the age of one year after you can breed them or sell in the market for meat. So there is early income when you have just started it.
  • Goat farming has lots of use like the milk is used for drinking, meat to eat, hair to make fibers and their skin is also used in many musical instruments.
  • Goat breed three times in two years. That is you can raise you goat numbers in short time starting with few goats. And it is to maintain and runs the goat business.

There is no need of your business to marketing it because of its high demand, customers look for you to buy the product.

Goat Farming Information And Basics That Need To Start Your Business Plan

To start any type of business, there must be strategy plant for it.

 If you do not any strategy, then there is more loss than the income because must have the knowledge of its costing, feeding investment, their losses and benefits and how to make big money from that.

So start goat farming with a well-thought plan.

You should have the knowledge of goat farming like the goat’s arrangement, the arrangement of food for them, treatment during while infection, etc.

The learner can contact nearby Agricultural department and colleges who offer research on goat farming.

There are four beneficial species of goat, with one can start goat farming and earn money in short time with low investment. Your benefits will depend on following factors

1. Selection of hybrid

Firstly, you have decided what, you want to start a business of goat farming? for milk production or meat production or the both; meat and milk. Whatever do you want?

You have to decide in the beginning of it. So know well about all the hybrid of goat before start and select the best and profitable.

2. Selection of land

Every region in the India is considered the suitable area for doing goat farming business. Goats have a characteristic of adapting themselves in accordance with the region where they are being followed.

But select a place which is nearer to your home so that you can easily implement this business.

It is necessary to facilitate traffic so that you can buy essential things and can sell your product in the nearby market, produced from the goat farm.

3. Housing for goat farming

Housing for goat is very important to follow them. In the urban area, one can follow goat farming within the place of other husbandry animals like the cow, buffaloes, etc.

Since goat farming did not need much more place. For a single goat, 15 sq.

Feet land is essential so that they can roam around, which lessen the infection spread.Housing clearly shows well effect on the productivity, try to prepare good and well house for them.

A view of a commercial goat farming in Beni-3 of Myagdi district, on Thursday, June 9, 2016. A youth who had gone to Iraq for employment has invested Rs 2 million to start the business in his native place. Photo: RSS

4.Feeding of goat farming

Apart from all this, you must have to take special care of their food. As goat is healthy, better is the profit from their meat. A healthy food makes your goat healthy well.

Food purchased from the market is costly for you. You can reduce this cost by preparing healthy food at home yourself. For which you can proceed through following:

Bran is made by mixing a lot of flour in the grain straw.

Corn passage, almond flour, gram flour, mineral mixture, salt etc. You will have to make 45 kg of bran, 25 kg of maize, 15 kg of almond “khali”, 12 kg of gram flour, 2 kg mineral mixture and 1 kg of salt to make 100 kg goat’s food.

5.Marketing of your business

There is no need of marketing for your business since the demand for goat meat is too high that customers will come to you for buying these products at your farm.

If it is not sold in the local area then that meat can be transported to the foreign country, if you have a big goat farm.

Some extra tips to raise the Goat Farming Profit

  1. As your goat farming mainly depends on the backbones of goat, always try to keep them healthy.
  2. Identifies weaker goat and make the vaccine necessary to make him fit.
  3. To become successful in goat farming, keep goat vaccination from time to time.
  4.  Avoid feeding contaminated messy food to goats. Due to eating contaminated food, the goat’s condition can worsen.
  5.  Keep more attention than the goats of goats.
  6.  Maintain a record of both the income and expenditure of your Goat Farming Business.

Learn About Goat Farming Project Report for 100 + 5 Goat Farm: Click Here