Is there demand for vermicompost in India?

This year, the demand has doubled to 100 units. The cost involved in setting up a 600 cubic feet vermicomposting unit would be around Rs 1 lakh. The 600 cubic feet vermicomposting shed with four divisions should have waterproof roofing. Any agri-waste could be dumped into the shed.

What is the future of vermicompost?

Vermicompost Market Size And Forecast. According to Verified Market Research, the Global Vermicompost Market was valued at USD 63.55 Million in 2019 and is projected to reach USD 222.42 Million by 2027, growing at a CAGR of 16.74\% from 2020 to 2027.

Is vermicompost profitable in India?

A growing number of individuals and institutions are taking interest in the production of vermicompost utilising earthworm activity. As the operational cost of production of this compost works out to less than ` 2.0/Kg., it is quite profitable to sell the compost even at ` 4.00 to ` 4.50/Kg.

Is worm farming profitable in India?

3,500 per MT and the worm cost is Rs. 200 per Kg. The net income from the second year can be expected around Rs. 6,00,000 annually.

Where can I sell vermi compost?

Vermicompost Dealers Bangalore

• Sva Biotek. 4.3. 167 Ratings.
• MY Garden SPACE – The Organic Garden. 4.0. 75 Ratings.
• V. Pots and Spades. 4.6.
• Greendna India Pvt Ltd. 4.6. 105 Ratings.
• Hasire Usiru. 4.9. 80 Ratings.
• Rakshith Landscaping And Construction. 4.6. 78 Ratings.
• Nitya Jaivika. 4.4. 56 Ratings.
• Karthik Vermicompost & Earthworms. 3.7.

Is there any subsidy for vermicompost?

Under Mission for Integrated Development of Horticulture financial assistance is provided for setting up vermicompost units @50\% of the cost subject to a maximum of Rs. 30,000/- per beneficiary. National Mission on Oilseeds and Oil Palm (NMOOP): Financial assistance@ 50\% subsidy to the tune of Rs.

Which brand vermicompost is best?

Best Vermicompost Brand in India

• Trustbasket organic vermicompost.
• Booster organic vermicompost.
• Ugaoo vermicompost.
• Recommendation.

What is the cost of one kg vermicompost?

Ugaoo Vermicompost for Plants 1 Kg – Organic Fertilizer & Manure

M.R.P.:	₹245.00
Price:	₹195.00
You Save:	₹50.00 (20\%)
	Inclusive of all taxes

What is Paramparagat Krishi Vikas Yojana?

The Paramparagat Krishi Vikas Yojana (PKVY), launched in 2015, is an extended component of Soil Health Management (SHM) under the Centrally Sponsored Scheme (CSS), National Mission on Sustainable Agriculture (NMSA)1. PKVY aims at supporting and promoting organic farming, in turn resulting in improvement of soil health.

Which vermicompost is best in India?

VEEEN VGSAL Vermicompost- This product is manufactured from cow dung manure and red wiggler earthworms, which are thought to be the best in the vermicomposting process.

How big is the vermicompost industry in India?

Pune, Aug. 21, 2019 (GLOBE NEWSWIRE) — Vermicompost industry has much fragmented, companies are mostly in the India and Southeast Asia. Among them, India production value accounted for less than 9.50\% of the total value of global Vermicompost in 2015.

What is the vermicomposting process?

Vermicomposting is a process of Earthworms digesting the organic matter to a material that is essential for improving the growth and yield of different fields. This material is called Vermicompost which contains nutrients, plant growth hormones and helps to improve soil structure by increasing the water-holding capacity of the soil.

How did mymynoke perform in the vermicompost market in 2015?

MyNOKE is the global leading manufacturer in worldwide Vermicompost market with the market share of 8.79\% in 2015. Compared to 2014, Vermicompost market managed to increase sales by 24.89\% to 38.09 M USD worldwide in 2015. Overall, the Vermicompost performance is positive, despite the weak economic environment.

Which are the major regions in the vermicompost market?

Major Regions Play Vital Role in Vermicompost Market are: 1 North America 2 Europe 3 China 4 Japan 5 Middle East & Africa 6 India 7 South America 8 Others