Curated By: Business Desk
Last Updated: January 29, 2024, 20:32 IST
Vijay Kumar Rai is a resident of Ramgama village in Samastipur district of Bihar.
Vijay Kumar Rai gets a profit of Rs 75,000 to Rs 80,000 for 35-40 chickens.
Vijay Kumar Rai, a resident of Ramgama village in Samastipur district of Bihar has set an example for others after he transitioned from traditional agricultural practices to poultry farming. Rai has become an inspiration for local farmers as he is earning around Rs 8 lakh per annum from his poultry business.
Having struggled with poverty and numerous challenges as a farmer for many years, Vijay Kumar Rai faced difficulties in meeting basic needs of his family and ensuring proper education for his children. The idea of venturing into poultry farming struck him after witnessing the success of a neighbour engaged in the same business. Inspired by his neighbour, Vijay decided to embark on his entrepreneurial journey.
Vijay Kumar Rai began the process of setting up his poultry farm after discussing with his neighbour. He identified a suitable area enough to accommodate around 3,500 chickens and purchased the chicks directly from a local hatchery. The process included a feeding period of approximately 35 days, crucial for ensuring the growth of the chickens to a weight of around 2 kg.
What started as a modest poultry farming venture evolved into a flourishing business, generating an annual income of Rs 8 lakh for Rai. His commitment and sincere efforts helped him to build a profitable poultry business.
Sharing about the challenges he faced, Rai said that he initially did not realise the limited profitability of traditional farming. The financial struggles made it difficult for his family to survive, prompting him to explore new business ventures.
Presently, Vijay Kumar Rai, after covering his expenses, gets a profit ranging from Rs 75,000 to Rs 80,000 for every batch of 35 to 40 chickens. His poultry farm has a total capacity of 3,500 chickens.
Emphasising the importance of knowledge in the business, Vijay Kumar Rai encourages aspiring entrepreneurs to familiarise themselves with the intricacies of poultry farming. Lack of understanding may lead to significant losses rather than profitable outcomes, Rai warns.
The success story of Vijay Kumar Rai stands as an example for others, those who are looking for alternative livelihood options.
