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How Punjab brothers built a mushroom empire from Rs 10,000

How Punjab brothers built a mushroom empire from Rs 10,000
From Rs 10,000 to Rs 3 crore: How 2 Punjab brothers built a high-yield mushroom empire · indianexpress.com

Two brothers named Sanjiv and Rajinder live in a village in Punjab, India.

In 1995, they started growing mushrooms with just about ten thousand rupees — like a small pocket of savings.

They used the straw left over from rice farming to help the mushrooms grow.

At first it was just an experiment, but it turned into a very big business.

Today, their mushroom farm makes more than three crore rupees every year.

It works on a small piece of land — only about one and a half acres.

In fact, the mushrooms earn more than twenty times more money than the big fields where they grow wheat, potatoes, and rice.

The farm makes mushroom 'seeds', called spawn, in its own special lab and sells fresh mushrooms across Punjab and Jammu.

About 32 people work there, and the family has won national and state awards.

They also teach other farmers how to grow mushrooms.

Key facts

Founders
Sanjiv Singh (59) and Rajinder Singh (55)
Business start
1995, with Rs 10,000 and 10 quintals of paddy straw
Annual turnover
Over Rs 3 crore
Profit margin
Around 15%
Land used
About 1.5 acres of the family's 17-acre farmland
Daily production
500 kg each of fresh mushrooms and spawn, worth around Rs 95,000
Employees
Nearly 32 people
First spawn lab
Set up in 2008 — the first such laboratory in the state

Quotes

Sardar Sanjiv Singh

Head of the mushroom venture

“We now use nearly 4,000 quintals of paddy straw annually as the basic raw material for mushroom production.”
indianexpress.com
“The unit has a production capacity of around 500 kg each of fresh mushrooms and mushroom spawn daily.”
indianexpress.com

Sources

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