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By Ankur Singh Cheema NA13007 Deepak Singh NA13019 Mayank Baid NA13031 Saheel Sinha NA13043 Tapas Mallick NA13055
What is vermicomposting?
Vermes + Composting. Feed worms organic wastes such as used food, vegetables, animal manure, paper shred and cardboard shred. Fed to them in Worm Pits. Food broken down output = worm castings, humus, compost. Organic fertilizer that helps in growth of plants, maintain soil fertility, and does not harm nature and the flora and fauna.
Using organic and biodegradable substances, recycling them, feeding them to worms, which in due course produces compost . Can be used for agricultural, landscaping and production of natural gases.
Cost effective, backed by creditability and beneficial to the ecosystem on the whole.
Vermi Composting
The Process
The Process
Formation of A Worm Pit ( evolution from ancient times) Pit or Worm Bin used interchangebly. Different strata to hold material for breakdown and production of compost.
Vermi Composting
Typical Processing
Output
Leave material in pit for 30-45 days.
Output compost.
Once produced, segregate. Separation techniques use of light (flash lights) and sieve. Dry compost, package and sell.
Output
Mission Statement
We want to provide our customers with the highest grade of natural fertilizers, ensuring that the farmers, people and the ecosystem are all benefited.
Location Analysis
Punjab.
SWOT - Strength
The Media creating an awareness of organic fertilizers at a national and global level complimented by the government initiatives. Vermicompost known to have a proven track record used since stone age. Eco Friendly. It is cheaper in terms of price when compared against other chemical fertilizers. Crops harvested using this product have a very high demand at an international level.
Weakness
Less awareness among the farmers. Process to convert farmers to using chemical fertilizers is very time consuming. Publicities by government is not very effective. Resistance in the market to diverge from norms of farming practices.
Opportunities
Absence of competitors in the market means big opportunities for produces. Legitimate support by government to farmers to start this initiative. Wide ranging opportunities at an international level. More people becoming health conscious with the type of food they eat.
Hundreds of tons of biodegradable wastes being thrown into the city which means waste can be attained at nominal costs.
Threats
Threats
Big sellers of chemical fertilizers will not entertain new players, and wouldnt mind reducing their prices, to drive out the competition. Resistance of use of organic fertilizer due to customs and trade practices of using chemical fertilizers.
The Finances
Construction Cost
Construction Financing
Variable Costs
Variable Costs
Thank you!