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Mrigal fish farming, project report per acre, mrigal fish price,investment, and profit calculations

One of the most popular fish in demand, Mrigal fish belongs to a similar class of raising fishes like Rohu and Catla. 

Most people don't know about the behavior of Mrigal fish that's why they fail in Mrigal fish farming.

Let's understand an estimated overview of Mrigal fish farming. You will understand the estimation of requirements, investment, and profit per acre in Mrigal fish farming. 

Mrigal fish farming

Mrigal fishes are carp fishes and live up to 8 years. These fishes can grow up to 1 meter in length. With this size, it can be up to 10 kg in weight.  

Time to harvest Mrigal fish

Mrigal fish grow slower than Rohu and Catla fish. These fishes get up to 500 to 700 grams weight in 12 to 14 months.

For business purposes, as you can't be too late or you can't be too early, Mrigal fish is harvested between 12 to 14 months.  

Mrigal fish farming project

From next year, Mrigal fish start to lay eggs. Mrigal fish can produce 1,00,000 to 1,50,000 eggs in one season. 

Mrigal fish price 

Mrigal fishes are cheaper than Rohu and Catla fishes in the market. Mrigal fish eggs are cheaper than Rohu and Catla. 

You can easily buy Mrigal fish eggs for 0.5 INR. 

1 kg Mrigal fish price in the market varies between 130 INR to 150 INR per kg. 

Mrigal fish farming project report per acre

Let's understand what arrangements you need to do to establish a Mrigal fish farm on one acre. Starting with the requirements first- 

Requirements to start Mrigal fish farming  

Pond making

Because Mrigal fish is carp fish, it can live in Pond culture. You can make a pond of cement and bricks. 

It is always better to make multiple ponds on a big land so that if fishes get any disease then you can reduce them in a single pond. 

In one acre area, you can make a 10x12 square meter pond which is enough to carry 200 Mrigal fishes. In one acre, you can make up to 30 similar ponds.

Tarpaulin sheet(optional)

Next, to make your pond leakage-free, you can use a market Tarpaulin sheet to cover the pond. 

Although using a tarpaulin sheet is optional but still is reduce the chance of leakage up to 0%. For one pond, you need an 11x13 square meter tarpaulin sheet. For all 30 ponds in one acre, you need a 4300 square meter tarpaulin sheet. 

Oxygen supply system

You need an oxygen supply system that can pump oxygen into each pond. It will help them to adjust to the pond culture.

30 oxygen supply systems in one-acre Mrigal fish pond, each of 1 horsepower in each pond.   

Temperature required

Mrigal fishes live at moderate temperatures. In winters, the temperature decrease up to 15 degrees Celcius is not problematic for Mrigal fishes. In summers, you can cover the pond culture with the shelter to avoid the increase in water temperature. 

Mrigal feed

You have to understand that you can't feed ordinary market food that floats on the water's surface. Mrigal fishes only consume food from the bottom surface of the pond. 

You have to confirm that your feed must not float on the surface. You can ask the expert fish farmers about the feed timings and quality of feed for Mrigal fishes.

Total fishes in 1-acre pond

In one pond of 10x12 square meters, you can raise 200 Mrigal fishes. In 30 ponds per acre, you can raise 6,000 mrigal fishes easily. 

Considering a 15% mortality rate(maximum), you will have left 5,000 fish in your one-acre area. 

Mrigal fish farming investment

One time investment 

  • Mrigal fish pond cost per acre- 3,00,000 INR(30 ponds) 
  • Oxygen system cost- 4,50,000 INR/30 pieces

Total investment- 7,50,000 INR 

Each cycle investment till harvesting

  • Mrigal fish seed cost- 3,000 INR
  • Feed cost- 50,000 INR
  • Water preparation cost- 30,000 INR 
  • Maintenance cost- 10,000 INR

Total first cycle investment- 93,000 INR

Mrigal fish farming investment first year 
8,43,000 INR(Including one-time investment+first cycle investment)

Mrigal fish farming investment second year
From the second year, your investment will reduce so that you just have to invest for each cycle investment of 93,000 INR to 1,00,000 INR

Mrigal fish farming investment third year

Third-year, you have to invest similar as you invest in the second year. You have to invest 1,00,000 INR. 

Mrigal fish farming profit 

  • Weight of 1 Mrigal fish- 600 gram
  • Weight of mrigal fishes per acre- 3,000 kg
  • Price of 1kg Mrigal fish- 140 INR/kg
  • Price of 3000 kg Mrigal fishes- 4,20,000 INR

The profit margin for the first-year harvesting

Because of a high investment of arrangements, you will not get any profit in your first year. You will be at a loss of 2,30,000 INR for the first year of harvesting. 

The profit margin for the second-year harvesting

From the second year, you can sell the eggs laid by fish. A fish produce 1,00,000 eggs in one laying period. So suppose you have 1,000 fish to produce eggs, you will have 1 crore eggs. 

If you get 0.20 INR for one egg then you can get up to 15,00,000 INR to 20,00,000 INR on just eggs. 

  • Mrigal fish farming profit- 4,20,000-1,00,000 INR=3,20,000 INR
  • Eggs profit- 15,00,000 INR(estimated)

Total profit second year- 18,20,000 INR  

The profit margin for the third-year harvesting

  • Eggs profit- 16,00,000 INR
  • Mrigal fish profit margin- 3,00,000 INR

Total profit third year-19,00,000 INR

Is mrigal farming profitable in India?

Mrigal fishes are one of the most profitable fishes in India. Although you will be in loss for your first year, from next year, you will get a huge profit 5 to 8 times your total investment.

As you can understand, if you want to earn a good profit from Mrigal fish farming, then you have to take care of their feed, oxygen supply, and surrounding conditions.

We suggest you get some training before starting your Mrigal fish farm on a big scale. If you think you will get profit easily then you are wrong. You can destroy your entire business with silly mistakes. 

It is suggested you get at least 20 days of training at your local farm first and then start with small pond cultures.

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