PROJECT REPORT

FOR

HI-TECH VERTICAL
CULTIVATION TURMERIC CROP
AREA –500 SQ.MT. (5 GUNTHA)
IN

POLY HOUSE
PROJECT BY
 DECLARATION
TO WHOM SO EVER IT MAY CONCERN

 The detailed project report is prepared by us and it reflects a true

and fair view on the feasibility of the project.
 The limitations are subject to resources provided by client.
 The fact that our preparation of the project report is without any
commitment to finance, this project is our arrangement to get
finance by other institutions.
 The condition that the security of the project will be the client's
own responsibility.

KEROM

Plot no. A/112,Wagle Industrial Estate, Near Toyota Showroom,

Thane (West) 400604, Maharashtra, India.

MR. NEERANJAN NASKAR : +91 82914 04932

Email: neeranjan.n@asagriaqua.com Website: www.asagriaqua.com

 INDEX
CHAPTER NO. TITLE

1 HIGHLIGHTS OF THE PROJECT REPORT

2 INTRODUCTION

3 OBJECTIVES

4 PROPOSED PROJECT LOCATION

5 POLYHOUSE

6 ADVANTAGES OF POLYHOUSE

7 MANAGEMENT ASPECTS

8 TECHNICAL ASPECT – TURMERIC

9 HARVEST AND YIELD

10 CALCULATION ASSUMPTIONS

11 FINANCIAL ASPECTS

12 CONCLUSION AND RECOMMENDATION

 CHAPTER – 1
HIGHLIGHTS OF THE PROJECT REPORT

SR.NO. PARTICULARS DETAIL

1 CROP NAME TURMERIC

2 TOTAL PROJECT AREA (LAND REQUIREMENT) 750 SQ.MT.

3 ACTUAL POLYHOUSE AREA 500 SQ. MT.

4 DURATION TO CONSTRUCTION THE PROJECT 90 -120 DAYS (3-4 MONTHS)

5 DURATION OF PRODUCTION AND SALE 12 MONTHS

6 TOTAL TIME FRAME OF THE PROJECT 15 TO 16 MONTHS

7 TOTAL TURMERIC PRODUCTION (DRY) 40 MT

8 AVERAGE TURMERIC MARKET RATE/KG 100 INR

9 SEEDS REQUIRMENT FOR PLANTATION 1.20 MT

10 PROJECT LIFE CYCLE (UPTO 24 YEARS) 8 YEARS

11 WATER REQUIRMENT PER DAY 7,000LIT

12 TOTAL CAPITAL REQUIRMENT 30 LACS

TOTAL RETURN ON INVESTMENT @ 50% IN M.H. 15 LACS (50%) IN M.H. AND

13
AND @ 40% FOR OUT OF M.H. 12 LACS (40%) OUT OF M.H.
 CHAPTER – 2
INTRODUCTION

The promoters basically hail from an Agriculture family and are having interest in
Horticultural field. The firm is interested in Hi-Tech cultivation methods also. The promoters
attended training program conducted by Agri University, State Horticulture Department
related to Turmeric and Turmeric cultivation under Poly House and other activities like crop
management crop production and post-harvest handling etc. They desired to establish a Hi-
Tech Turmeric farm and to adopt improved practices for higher quality output.

SOURCES OF FUNDS

Under the guidelines of the RBI / NABARD and Commercial Banks, the beneficiaries propose
to bring in a Margin of 25% of the total cost of the project. The beneficiaries look up to
financing institutions for the balance as Term Loan assistance. It is also to seek necessary
assistance from the Government through funding agencies like National Horticulture Board,
Ministry of Agriculture and Govt. of India. Accordingly, the project has been drawn up as per
the guidelines issued by the funding agency.

CHAPTER – 3
OBJECTIVES OF THE PROJECT

The promoter has selected this project with the following objectives
 To bring the large extent of land into a productive land with optimum use of resources.
 To practice integrated, ecological approach to farming with Hi-Tech Turmeric
Production under Poly House.
 To generate employment opportunities in rural area particularly to weaker sections.
 To increase Hi-Tech Turmeric production so as to increase the quality of dry rhizomes
to get a good return on investment.
 CHAPTER – 4
PROPOSED PROJECT LOCATION

The proposed Land area is located anywhere in India.

EXTENT OF THE PROJECT-Total extent of the project is 500 Sq. Mt. The land is owned by the
promoters. The entire area is compact and lies in multi blocks.
PRESENT STATUS HAVE THE PROJECT SITE-The entire land is partially cleared and levelled
with Tractor.

SOIL
The soil is Virgin loam with a depth of 3 to 6 feet, with alluvial texture.As per (soil testing
laboratory Government MH) soil analysis report, it is observed that the soil is neutral, with a
pH from 7 to 8.

WATER
The chemical analysis of the water samples collected in the project area reveals that pH is
around 7.6 and the EC varies from 0.2 to 0.7. The water is found suitable for Vegetable
Cultivation purposes.

CLIMATE
The climate is tropical in nature with mild summer. The average annual rainfall is around 900
mm.

WEATHER CONDITIONS
The site is situated at an ideal climate for growth of Turmeric production with an average
temperature throughout the year ie around 27°C to 35°C. On average rainfall 800mm to 1000
mm throughout the year, out of which 50% of the rainfall is in form of showers during June
to November.

INFRASTRUCTURE
As the project area is situated nearer to village, availability of labour source is adequate.
Inputs of the farm could be easily purchased from local area. The project area is connected by
motor able roads.
PROJECT COMPONENTS

SR. NO. CROP AREA

1 TURMERIC 500 SQ.MT.
 CHAPTER – 5
POLYHOUSE

 Poly house will be constructed under controlled environment.

 The poly house is made up of transparent, tight, flexible Low density Established
Polythene.
 In these houses vegetables and other crops can be grown in any season of the year
depending upon their requirement, because temperature and humidity can easily be
controlled in Poly house.
 Polythene absorbs the thermal radiation, which increases the temperature and energy
and thus helps in the process of photosynthesis. It is well established that for the
production of energy vegetable, fruits and flower crop, the ploy houses are constructed
with the help of ultraviolet plastic sheets, so that may last long.
 The structure is covered with 200-micron thick plastic sheet. The structure is prepared
with iron pipes.

INNER CLIMATE (MICRO CLIMATE) CONTROL

The availability of suitable temperature and relative humidity is must. These conditions are
created in poly house during off-season, so that the required vegetables and fruits etc. may
be grown in them in sufficient quantity. The importance of poly house is further enhanced
due to the possibility of production of creeper vegetables. During daytime, the solar energy
enters the house after reflecting the transparent surface of the poly house. This energy helps
in increasing the temperature of poly house. During this process some energy enters the
earth, which comes back in the polyhouse at night and increases its temperature.

HEATING OF POLYHOUSE
Heating is required in winter season. Generally the solar energy is sufficient to maintain inner
temperature of poly house but some times more temperature is required to be supplied to
some crops. For this few methods are as follows:

 Constructing a tunnel below the earth of poly house.

 Covering the northern wall of the house by jute clothing.
 Covering whole of the polyhouse with jute cloth during night.
 Fittings solar energy driven device in poly house.
COOLING OF POLYHOUSE
In summer season when ambient temperature rises above 40°C during daytime, the cooling of
poly house is required by the following measures, not only the temperature but also relative
humidity of poly house can also be kept within limit by removing the internal air of poly house
in a natural manner. Changing the internal air into external air by putting the fan on.
Installation of cooler on eastern or western wall not only keeps temperature low but
maintains proper humidity. Running water-misting machine can control the temperature of
the polyhouse.

SHADING
Certain plants are damaged due to temperature rise during summer. Shading reduces light
intensity and decreases the temperature inside the polyhouse. Shade paints (Lime or Refusal
or vari clear), agro-shade nets or retractable thermal screens are generally used and operated
manually or through automatic devices.

WATERING
Water quality is very important and often overlooked. Total salt-content levels, alkalinity
levels, the balance of individual ions such as boron and fluoride can all have serious bearing
on crop success.The water sources should be tested before a green house is established.
Electrical conductivity level should be 0.75-1.5 ds/m and a pH of 6-7. Automatic watering
system through drip or overhead floggers is generally used depending upon the crop.
FERTIGATION
It varies from single broad casting of fertilizers to use of soluble grade fertilizers over different
operating systems. One of the most modern technologies is currently offered by Priva-
Philliphs, Nutriflux or Van Vliet, Midi, Aqua Flexilene System. Both the system have nutrient
plant demand of nutrients in relation to EC/PH of the media, temperature, RH, light intensity,
crop growth, mineral deficiency, etc.

PHOTOPERIOD CONTROL
Several plant species flower only when they are exposed to specific light duration. Yield and
quality of flower crops could be increased with artificial lighting during night hours. Cyclic
lighting is most effective. Short day conditions in Greenhouses can be created with fully
automatic, semiautomatic or manual' black out' system using good quality black polythene
sheets, especially for chrysanthemum.

CONTROL SYSTEM
A manual or semi-automatic control system is less capital intensive but requires a lot of
attention and care. Recently, computerized control systems are available which can integrate
temperature, light intensity relative humidity, CO2, plant moisture, nutrient requirement, and
plant-protection measures.

REQUIRED EQUIPMENTS
In case of permanent poly house structure steel and fibre made glass are galvanized hallow
pipe-having glass or transparent polythene sheet structure is needed.
For small farmers they can build the poly house they require using bamboo structure on
which polythene sheet is used to cover. For irrigation facility sprinkler irrigation unit is
needed, while for controlling the air temperature ventilators are required.

ROOF OF POLYHOUSE
In case of construction of poly house plastic film, nylon, acrylic, vinyl, polycarbonate and
polyethylene film can be used for the roof purpose. At present among the available poly film,
use of I.P.C.L. Baroda (Gujarat) made 200 microns or 800 gauge thickness ultraviolet
protective films is considered as a better for poly house use. The framework of poly house
should be made of G.I. pipe. For the construction of poly house following equipment’s are
required.

FRAMEWORK
Framework / GI Pipe / Bolt & Nut / G.I Wire
COVERING
Plastic sheet / Nylon net 50/50
 CHAPTER – 6

ADVANTAEGS OF POLY HOSUE

From the point of view of earning more profit only such off-season crops should be grown,
which are being sold at higher prices in the market. Big hotels in cities are mostly in the need
of off -season vegetables and so is the case with some prosperous people in big cities. In such
areas and also in the hill and remote regions where fresh vegetables are required regularly for
meeting out the requirements of security forces, the construction of Poly houses is more
lucrative and is a must.
The crops grown under the poly house are safe from unfavourable environment such as hails
form, heavy rains or scorching sunshine, etc. Crops of the poly house can be saved from birds
and other wild animals. The humidity of poly house is not adversely affected by evaporation
resulting in less requirement of water. In limited area of poly house, insects and pests control
is also easy and less expensive. By adopting the modern technology of poly house, the
difference in the demand and supply of off-season vegetables and fruits etc., can be
minimized. This facilitates in maintaining the quality of the product also.
 CHAPTER – 7

MANAGEMENT ASPECTS

A S Agri and Aqua LLP is a company who are experts in design, erection and commissioning of
poly house based vertical farming projects.

We undertake projects on a turnkey basis and complete them using our expertise in vertical
farming and aqua culture domain. The process and the management expertise that we deploy
is as given below;

1. Land survey

2. Land optimisation and levelling

3. Design of poly house structure

4. Design of internal vertical structure and tank layouts (aqua culture)

5. Site preparation

6. Erection of poly house

7. Internal structure creation

8. Installation of drip irrigation and RO plant

9. Soil and media preparation

10. Seeding/Project commissioning

11. Crop management during the crop cycle

12. Crop harvesting and post processing

13. Crop packaging and dispatch logistics

A S Agri and Aqua LLP undertakes full management responsibility and ensures high calibre
individuals are assigned to the project for smooth functioning and success of the project.
 CHAPTER – 8

TECHNICAL ASPECT – TURMERIC

Advantages of Growing Turmeric over Other Crops

 Turmeric is well fitted in different cropping systems of cereals, grains, pulses and
oilseeds.
 Give more yields hence high economic value.
 Turmeric/turmeric are nutritionally valuable for their high pro-vitamin A and vitamin C
content and rank number four in their nutrient contribution to human diet.
 Numbers of processed items are prepared on large scale for consumption as well as for
export purpose.

CLIMATIC REQUIREMENTS
Turmeric is a warm season crop, it requires warm and cool climate. The plants cannot
withstand frost and high humidity. The plant is highly affected by adverse climatic conditions.
It requires different climate range for seed germination, seedling growth, flower and fruit set,
and fruit quality. Temperature below 100°C and above 38°C adversely affects plant tissues
thereby slow down physiological activities. It thrives well in temperature 100°C to 30°C with
optimum range of temperature is 21-24°C. The mean temperature below 16°C and above
27°C is not desirable. The plant doesn't withstand frost, it requires low to medium rainfall,
and does well under average monthly temperature of 21 to 23°C. Avoid water stress and long
dry period as it causes cracking of fruits.

SOIL REQUIRMENT
Turmeric does very well on most mineral soils, but they prefer deep, well drained sandy
loams. Upper layer of soil should be porous with little sand and good clay in the subsoil. Soil
depth 15 to 20cm proves to be good for healthy crop. Deep tillage can allow for adequate
root penetration in heavy clay type soils, which allows for production in this soil types.
Turmeric is a moderately tolerant crop to a wide pH range. A pH of 5.5- 6.8 is preferred.
Though Turmeric plants will do well in more acidic soils with adequate nutrient supply and
availability. The soils with proper water holding capacity, aeration, free from salts are selected
for cultivation. Soils extremely high in organic matter are not recommended due to the high
moisture content of this media and nutrient deficiencies. But, as always, the addition of
organic matter to mineral soils will increase yield.
Choice of Seeds After seed production, diseased, broken seeds is discarded. The seeds for
sowing should be free from inert matter. Early germinating, bold, uniform in shape and size,
seeds are selected for sowing. Hybrid seeds from F1 generation are advantageous for sowing
as it gives early and high yield uniform fruity, resistant to adverse environmental conditions.

SEED AND SOWING

Turmeric is generally cultivated by transplanting seedlings on ridges and furrows. At the time
of transplanting seedlings are harder by exposing to open weather or by withholding
irrigation. Seeds rate of 1.20 MT is required for 500 Sq. Mt. Seeds are treated with Thiram @
3g/kg of seed to protect from seed born diseases. Seed treatment with B. naphthoxyacetic
acid (BNOA) at 25 and 50 ppm, gibberlic acid (GA3) at 5-20 ppm and chlorophenoxy acetic at
10 and 20 ppm was found to improve the growth and yield of Turmeric, Seeds are sown in
Mar-Apr,& June July for autumn winter crop and for spring summer crop seeds are sown in
November.
The ideal seedbed should be 60cm wide, 5-6cm long and 20-25cm high. Clods and stubbles
should be removed from the seedbed. Add sieved FYM and fine sand on the seedbed. Bring
them to fine tilth. Drench the bed with Fytolon / Dithane M-45 @ 2-2.5 g/lit of water. Draw
the lines 10 to 15cm apart throughout the length of the seedbed. Sow the seeds thinly spaced
in lines, press gently, cover with fine sand and then cover the bed with straw. Irrigate with rose
can. Irrigate the seedbed twice a day till the seeds germinate. Remove the straw after the
seeds germinate.

FERTILIZER
As the fruit production and quality depends upon nutrient availability and fertilizer application
so balance fertilizer are applied as per requirement. The nitrogen in adequate quantity
increases fruit quality, fruit size, colour and taste. It also helps in increasing desirable acidic
flavour. Adequate amount of potassium is also required for growth, yield and quality.
Mono Ammonium Phosphorus (MAP) may be used as a starter fertilizer to supply adequate
phosphorus during germination and seedling stages. Calcium availability is also very important
to control soil pH and nutrient availability. Sandy soils will require a higher rate of fertilizer,
and more frequent applications of these fertilizers due to increased leaching of essential
nutrients.
Seedlings are sprayed with starter solution of micronutrient. Before planting farm yard
manure @ 50 ton per hectares should be incorporated. Normally Turmeric crop requires
120kg Nitrogen (N), 50kg Phosphorus (P2O5), and 50kg Potash (K2O). Nitrogen should be
given in split doses. Half nitrogen and full P2O5 is given at the time of transplanting and
remaining nitrogen is given after 30 days and 60 days of transplanting. Soil and issues
analyses should be taken throughout the growing and production season to insure essential
nutrients are in their proper amounts and ratios. Tissue analysis of a nutritionally sufficient
plant will show the following nutrient status.
 Nitrogen Phosphorus Potassium Calcium Magnesium Sulphur

% 4.0-5.6 0.30-0.60 3.0-4.5 1.25-3.2 0.4-0.65 0.65-1.4

ppm, Manganese Iron Boron Copper Zinc

30-60 3-5 0.3 -0.5 0.05-0.07 0.5-0.8

IRRIGATION
Turmeric has been observed to withdraw water from depths up to 13 feet in a well-structured
soil. Turmeric & Turmeric plants require adequate moisture throughout their growth period.
First irrigation is required soon after seedlings are transplanted. Frequent water is necessary
in root zone when plants are small.

PEST MANAGEMENT
• Leaf Eating Caterpillar Control Measure
Spraying of cypermethrin at the rate 3-4 ml or for Phosphamidon (85 SL) 5ml per 10 litre of
water at the interval of 8-10 days.
• Fruit Eating Cater Piller / Fruit Borer Control Measure
Spraying of monocrotophos (36 SL) 5 ml/ 10 litre of water at the interval of 8-10 days.
Trichograma and campoletic chloride as a predator and heliocil as biological control.
• Aphids
It can be control by spraying dimethoate (30 E.C.) 10 ml/10 litre of water. The controls vary
from state to state and region to region. The local agricultural chemical manual will list
controls and rates for each pest.
 CHAPTER – 9

HARVEST
Depending on the variety, it may take 6 to 9 months. Rhizomes are harvested and they will be
undergoing for curing.It involves boiling, drying and polishing.

YIELD
The yield per acre varies greatly according to variety and season. On an average, the yield
varies from 250 to 300 MT per 4000 Sq.mt. (1 Acre)

CHAPTER – 10

TECHNO - CALCULATION ASSUMPTIONS

1. TURMERIC - on 500 Sq.mt. (5 Guntha) Basis

SR.NO. PARTICULARS DETAIL

1 Spacing 12cm x 12cm

2 No. of Plants in 5 Guntha 66,000 Nos.

3 Total Area 500 Sq.mt.

4 No. of Seedling required 66,000 Nos.

5 Yield per Plant / Kg 1.67 Kg.

6 Yield in 500 Sq. Mt.(Wet) 110 MT.

Crop 1.50 Yearly (6 months Variety)
7 160 MT. (Min.)
= (110 MT. X 1.50 Crop) = 165 MT. (Wet)
8 Yield in 500 Sq.mt. (Dry) (4:1 of Wet Wt.) 40 MT.

9 Selling Price 100/- per Kg.

10 Total Sales 40,000 Kgs. x 100 INR 40,00,000 INR

 PROJECT VALUE

SR.NO. PARTICULARS DETAIL

1 POLYHOUSE CONSTRUCTION 7,00,000
2 CONSTRUCTION OF VERTICAL STRUCTURE 17,50,000
3 DRIP IRRIGATION AND R.O. PLANT SYSTEM 2,50,000
4 SEEDS AND MEDIA 3,00,000
TOTAL 30,00,000
 CHAPTER – 11

FINANCIAL ASPECTS

COST OF THE PROJECT :

The Total Cost of the Project is Estimated at Rs.30 Lacs, which is spread over a period of 1
year on 500 Sq.mt. bases. Detailed break up of each component of investment has been
presented in Fin - Table. As could be inferred from the above tables, Plant and Machinery
(Poly House) constitutes more than 80% of the Project Cost. Plantation expenses capitalized
follows next. Investment on Land development includes clearing of bushes, land levelling,
Fencing etc., Building & Civil structure like Grading cum packing room. Irrigation systems
constitute digging of one bore well, purchase of 7.5 HP motors, laying pipeline and Drip
system.

MEANS OF FINANCE :
This project is funded through two sources via: promoters’ equity and term loan from a
commercial Bank. Promoters intend to bring in 25.00% of the project cost as equity and
75.00% is to be from lending institution. The investment proposed in this project is absolutely
necessary. National Horticulture Board shall consider giving a Subsidy of the project cost as a
Development Subsidy. Receipt of subsidy would improve the cash flow of this project and
there by the return.

PROFITABILITY
The details showing the profitability prospects of the project is presented in various financial
tables. The statement presents a satisfactory position. The detailed assumption on cost and
price of the products taken carefully for calculation. This Project Generates a Net Income
from Second Year Onwards.

DEBT-SERVICING
Debt-Servicing of this project is calculated based on the assumption that around 60% of the
Gross Income derived from this project is available for repayment schedule of Interest &
Principal.
Interest is proposed to be serviced from the First year onwards and Principal serviced from
the second year onwards as there would be a steady flow of income from project and
principal is to be serviced till the end of the 2nd year, as against the Maximum repayment
period of 6th years. Hence, dept. servicing capability of the project is satisfactory.
 CHAPTER – 12
CONCLUSION AND RECOMMENDATION

The Promoters proposed to develop a productive land with activities like establishment of
Turmeric under Poly House Cultivation in 500 Sq.mt. area @ Nashik District Adequate
quantities of planting materials are available. The demand for Turmeric / Turmeric Crop
growing every year due to processing for value added product etc. This project is to be
managed by technically qualified personnel’s. National Horticultural Board is Providing
Subsidy for this Type of Projects. This project will provide direct employment opportunity to
more than 20 persons and indirect employment for many labour particularly rural village
peoples on one acre basis.
This Project is Eco-Friendly.
In view of the above performance indicators arrived based on the techno-economic
assumption made in the project, the project entitled of Turmeric under Poly House
Cultivation Promoted by Promoters Project is Technically Feasible and Financially Viable
Project.

(Top view of Our Igatpuri, Ghoti Plant)

 (Vertical Farming of Our Igatpuri, Ghoti Plant)

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