Five microgreens entrepreneurs who started in 100 sq ft and now earn lakhs monthly
The initial investment and space requirement for microgreens farming are significantly lower than traditional agriculture, making it accessible to urban farmers. Here are five entrepreneurs who started in small spaces and went on to earn big
Five microgreens entrepreneurs who started in 100 sq ft and now earn lakhs monthly
Microgreens cultivation is gaining popularity across India due to its increasing demand, low space requirements and a potential for high-income generation. Minimal space requirements make it a lucrative option for urban farmers who face space constraints. Since microgreens can be grown indoors in vertically stacked trays, a little space can give high production.
Most entrepreneurs and experts recommend starting microgreens farming in a space of 100 sq ft and scaling it up depending on the demand. Since they can be harvested within 7 to 10 days of sprouting, they allow for multiple harvests and quick returns on investment.
Moreover, the initial investment for microgreen farming is significantly lower compared to traditional agriculture, making it accessible to a wider range of growers.
Most people invest Rs 50,000 to Rs 1 lakh for the initial set-up, given the easy availability of grow trays, lights and organic seeds.
The global microgreens market stood at 1.8 billion dollars in 2022. It is estimated to reach 2.6 billion dollars by 2031 at a CAGR of 11.1 percent, according to Straits Research.
Microgreens are 40 times more nutritious than traditional greens. Pic: Mali Greens
Microgreens are packed with 40 times more nutrients than traditional greens and are a storehouse of vitamins and antioxidants, making them a health-conscious food choice. Here are five microgreens entrepreneurs who started small and made it big:
1. Mohit Nijhawan, Chandigarh
Mohit quit his MNC job in 2020 to grow organic microgreens after seeing many cancer cases closely. He began with 3 racks in a 9 sq ft area in Chandigarh and now makes a monthly profit of Rs4.8 lakh. He also gives training in microgreens cultivation.
Ajay Gopinath quit Citigroup in 2020 to grow organic microgreens at his house in Kochi, Kerala. His unit is spread over just 64 sq ft and he earns Rs5 lakh monthly from sales to gyms, hospitals, hotels and retail buyers. He also helps agri-entrepreneurs across India set up indoor farming units.
Aditi Mali, a teacher, set up Mali Greens in 50 sq ft in 2021 to familiarize her students with farming. Now one of the biggest producers of organic microgreens in Gujarat, the venture is growing at 150% annually. Mali Greens supplies its produce to top hotels, wholesalers and subscribers.
Vidydharan Narayanan began microgreens cultivation on his small balcony. With rising demand, he set up a low-cost greenhouse unit to cultivate organic microgreens. He invested less than Rs1 lakh in the 300 sq ft setup, which yields a monthly turnover of over Rs 1 lakh and a profit of more than Rs 60,000 due to low operating expenses.
5. Basil Varghese, Anurag Mohan and Mohammed Razin, Kerala
Basil, Anurag and Mohammed have created a cost-effective model for microgreens cultivation in 100 sq ft. Their Kerala-based startup Mikrogrenz focuses on creating microgreens entrepreneurs who can grow nutrient-dense seedlings indoors and supply them locally. They sell their produce to local buyers.