Fish Farming Business in India: A Comprehensive Guide

231

Fish farming is one of the fastest-growing agribusiness sectors in India. With rising demand for protein-rich diets and increasing seafood consumption, starting a fish farming business in India is now more profitable and scalable than ever. Whether you’re a farmer looking to diversify or a new entrepreneur, fish farming offers high returns with relatively low investment—if done right.

What is Fish Farming?

Fish farming, also known as aquaculture, is the controlled breeding, rearing, and harvesting of fish in tanks, ponds, or other enclosures for commercial purposes. It can be done in freshwater, brackish water, or marine environments, depending on the species being farmed.

Why Start a Fish Farming Business in India?

Here’s why this is the right time to get into the fish farming business:

• 🧑‍🌾 Growing Demand: India consumes over 13 million metric tonnes of fish annually.
• 🧾 Government Support: Subsidies, low-interest loans, and training programs.
• 💼 High Employment Potential: Especially in rural and semi-urban areas.
• 📈 High ROI: Margins can go up to 50% depending on species and scale.

Types of Fish Farming Systems

System Type	Description
Pond System	Traditional, open pond-based farming. Low-tech and cost-effective.
Tank System	Concrete or plastic tanks with aeration and water filtration.
Recirculating Aquaculture System (RAS)	High-tech, indoor system with water recycling. High investment, high yield.
Biofloc System	Advanced technology that uses bacteria to maintain water quality and feed.
Cage Culture	Fish are reared in cages submerged in rivers or reservoirs.

ALSO READ | Biofloc Fish Farming: Technology, Investment, Profit Margin & More

Popular Fish Species for Farming in India

Here are some high-yielding and profitable fish for farming:

• Rohu (Labeo rohita)
• Catla (Catla catla)
• Mrigal (Cirrhinus mrigala)
• Tilapia (Oreochromis niloticus)
• Common Carp (Cyprinus carpio)
• Catfish (Pangasius, Magur)

🔶 Note: Tilapia and Pangasius are fast-growing and can be harvested in 4–6 months.

How to Start a Fish Farming Business: Step-by-Step

1. Conduct Market Research

• Understand demand in your area
• Identify profitable species
• Evaluate local climatic conditions

2. Select the Right Location

• Flat land with a natural water source is ideal
• Should have good road connectivity

3. Choose the Fish Farming System

• Select pond, tank, RAS, or biofloc based on budget and scalability

4. Register Your Business

• Apply for the FSSAI license
• Register under MSME
• Get a No Objection Certificate (NOC) from local authorities

5. Build Infrastructure

• Ponds or tanks
• Aeration system
• Water filtration unit
• Storage and drainage

6. Buy Healthy Fingerlings

• Always purchase from certified hatcheries

7. Feed & Monitor Growth

• Use high-protein commercial fish feed
• Check oxygen, temperature, and pH levels regularly

8. Harvesting & Marketing

• Harvest when fish reach market size
• Sell to local markets, restaurants, or exporters

Cost of Starting a Fish Farm in India (2025)

Component	Estimated Cost (INR)
Land (1 acre lease)	₹50,000 – ₹1,00,000
Pond Construction	₹1,50,000 – ₹2,00,000
Fingerlings (10,000)	₹30,000 – ₹50,000
Feed (6 months)	₹1,00,000 – ₹1,50,000
Aerators & Equipment	₹70,000 – ₹1,00,000
Labor & Maintenance	₹40,000 – ₹60,000
Total Investment	₹4 Lakh – ₹6.5 Lakh

Profit Margin in Fish Farming Business

• Per Acre Fish Yield (Yearly): 4,000 – 6,000 kg
• Market Price (Average): ₹100 – ₹150 per kg
• Gross Income: ₹5 – ₹9 lakh/year
• Net Profit: ₹2 – ₹3.5 lakh/year

✅ ROI: 40% – 60% after the first harvest cycle.

Government Subsidies & Loans for Fish Farming

Key Schemes:

• PM Matsya Sampada Yojana (PMMSY)
  • Up to 60% subsidy on infrastructure and equipment
• NABARD Fishery Loan
  • Low-interest loans for pond/tank setup
• Fisheries and Aquaculture Infrastructure Development Fund (FIDF)

How to Apply:

• Visit nfdb.gov.in
• Register under PMMSY
• Approach local Krishi Vigyan Kendras (KVKs) or District Fisheries Offices

ALSO READ | 10 Best Fish Farming Loan Schemes for Farmers in India

Challenges in Fish Farming

• Water quality management
• Disease outbreaks
• Fluctuating market prices
• Lack of cold storage
• High initial capital (for RAS or biofloc)

Tips to Succeed in the Fish Farming Business

• Use high-quality feed and maintain stocking density
• Monitor water parameters weekly
• Avoid overfeeding to reduce pollution
• Build partnerships with local markets & bulk buyers
• Get trained from NFDB or KVKs

Need Expert Guidance?

Starting a business can be challenging, but you don’t have to do it alone! At Boss Wallah, our 2,000+ business experts are ready to provide valuable insights and guidance. Whether you need help with marketing, finance, sourcing, or any other area of any business, our business experts are here to help you succeed

Confused about Which Business to Start?
Want to start your own business but unsure which one to choose? Explore Boss Wallah, where you’ll find 500+ courses by successful business owners, featuring practical, step-by-step guides on starting and growing various businesses.
Find your perfect business idea today

Conclusion

Starting a fish farming business in India is not just profitable, but also a smart way to meet the rising demand for seafood. With proper planning, species selection, and government support, even small farmers can scale up their operations and earn well. Make sure to follow best practices and stay updated with the latest technologies to ensure sustainable success.

Frequently Asked Questions (FAQs)