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Micronutrients Fertilizer

Micronutrients are elements which are essential for plant growth, but are required in much smaller amounts than those of the primary nutrients; nitrogen, phosphorus and potassium. The micronutrients are boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo), zinc (Zn), and chloride (Cl). Deficiencies of micronutrients have been increasing in some crops. Some reasons are higher crop yields which increase plant nutrient demands, use of high analyses NPK fertilizers containing lower quantities of micronutrient contaminants, and decreased use of farmyard manure on many agricultural soils. Micronutrient deficiencies have been verified in many soils through increased use of soil testing and plant analyses. Agricultural micronutrients have become a fundamental input in agriculture production and leading the industry to achieve its transformation in line with the changing demand from growers as well as to replenish the increasing demand for food with the increasing population worldwide. The agricultural micronutrients market growth has increased progressively because of increased global micronutrient deficiency in soil and shrinkage in the world’s agricultural land.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • AbellonAgrisciences Ltd. • Agro Extracts Ltd. • Champion Agro Ltd. • Good Value Mktg. Co. Ltd. • Jupiter Biotech Ltd. • Jutlibari Tea Co. Ltd. • Krishna Industrial Corpn. Ltd.
Plant capacity: Micronutrient Fertilizer for Fruits: 187,500 Kgs/annum Micronutrient Fertilizer for Vegetables: 112,500 Kgs/annumPlant & machinery: Rs 23 lakhs
Working capital: -T.C.I: Cost of Project: Rs 114 lakhs
Return: 26.00%Break even: 76.00%
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