VERTICAL FARMING BUSINESS

Description

Vertical farming is the practice of producing food in vertically stacked layers. Structures like skyscrapers, containers, warehouses, etc. can be used for the cultivation of fruits and vegetables. Hydroponics, Aeroponics, and Aquaponics are the methods you can use in vertical farming, where you can grow plants without soil using mineral nutrient solutions, in air or mist environment, and combining aquaculture and hydroponics respectively.

Few crops that can be grown inside vertical farming are strawberries, broccoli, tomatoes, spinach, lettuce, cucumbers, peppers, mint and many more. However, the choice of the crop depends on the market needs as well as the investment. The concept of vertical farming is not new in the global market, on the other hand, the Indian market is still developing and emphasizing the use of modern techniques for improving the farm yield.

India is climatically diverse with its strengths as well as weaknesses. The strengths can attain good productivity whereas the weaknesses need to be addressed wisely. One of the weaknesses include the adverse climatic conditions that many times lead to loss of commodity in various regions. This can be decreased by the use of Controlled Environment Agriculture (CEA) techniques as applied in vertical farming. CEA allows the control of variables like lighting, air, temperature, humidity and nutrient supply that influences the growth and development of crops.

Vertical farming is quite capital-intensive business as a lot of care need to be taken in controlling specific variables but has the ability to produce fresh, organic and good quality food throughout the year along with low consumption of water as well and increasing the profitability of the business.

Vertical farming is a better option for satisfying the cumulative demand of the rising population, limiting agricultural land, changing lifestyle, health consciousness, etc. Considering all factors and with a combination of technology and skillful maintenance of factors, starting a vertical farming business will be a potential business idea.

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