Project report for chilly cultivation

Business Potential and Feasibility of Chilly Cultivation

• You can sell chilies to spice companies, food factories, and exporters, as chilies make up 31% of India’s ₹8,429 crore spice trade.
• India leads the world, growing 40% of all chilies, and sends them to Asia, Europe, and North America.
• City people in India eat 60% of chilies in snacks and sauces, and global demand for spicy food grows 5% yearly.
• You can make chilly powder, pickles, or sauces, selling them for ₹100–₹200 per kg to earn more.

• Chilies grow best in warm weather, 20–30°C, and in loose soil that drains water well.
• You can farm 1 acre and harvest 15 quintals of green chilies or 2.5 tonnes of dry chilies.
• You can spend ₹50,000–₹70,000 per acre on seeds (₹2,000), fertilizers (₹5,000), and workers (₹20,000).
• You can plant seeds in June or July and pick chilies from September to October, in a 4–5 month cycle.
• You can use drip irrigation systems for ₹25,000 per acre, special seeds, or natural farming to grow 20% more chilies.
• You can get 35% of your costs back with government help from the PM Kisan Sampada Yojana.

Benefits for Entrepreneurs and Profitability Analysis of Chilly Cultivation

• You can start with ₹50,000 per acre, much less than crops like sugarcane or cotton.
• You can grow your farm from 1 acre to 10 acres and sell to local or foreign buyers.
• You can hire 2–3 workers per acre, giving jobs to people in villages.
• You can grow organic chilies or sell to other countries, where buyers pay ₹150–₹200 per kg.
• You can use apps and companies that help farmers sell chilies to big markets.

• You can spend ₹50,000 per acre and sell 2.5 tonnes of dry chilies at ₹100 per kg, earning ₹2.5 lakh, with ₹2 lakh profit.
• You can cover your costs in one season, about 5 months, if you sell at good prices.
• You can sign deals with companies to grow chilies for them, making steady money over years.
• Chilies sell for ₹80–₹120 per kg in winter, so you can store them and sell when prices are high.
• You can keep chilies in cold storage for ₹10,000 per season to avoid losing crops after picking.

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