What kind of Business is emu farming in India?

Emu farming in India is a popular and lucrative business model. Emu farming is very popular in some states of India like Andhra Pradess, Delhi, Karnataka, Maharashtra and Tamil Nadu. Emus are large sized poultry birds of ratite group and have high economic value. They produce valuable eggs, meat, oil, skin and feathers.

When did the’emu bubble’burst in Tamil Nadu?

The ‘emu bubble’ burst in August 2012, six years after the main promoter M.S. Guru founded Susi Emu Farms at Perundurai, a small town in Erode district of Tamil Nadu, promising staggering returns from the birds. Investors realised that emu farming was a scam only when payments from Susi Emu Farms dried up.

Is the EMU contract farming a Ponzi scheme?

Contract farming of emu, the flightless birds of Australia, had all the ingredients of a ponzi scheme from the beginning. The prospect of getting rich quick proved difficult to resist for hundreds of people from Tamil Nadu, Kerala and Karnataka, and they lost staggering amounts of hard-earned money.

Is it possible to grow EMUs in India?

You can easily raise some emus in your farm with your other livestock animals and poultry birds. Diseases are less in emus and they can survive in almost all types of agro climatic conditions. Indian climate is also very suitable for commercial emu farming business.

How is emu bird farming similar to poultry farming?

Emu bird farming is basically just like poultry. The way we look after poultry, cattle farming or goat farming, it is a similar kind of farming which is flourishing in India.

Why are EMU and ostrich important in India?

Emus belong to ratite group and have high economic value for their meat, eggs, oil, skin and feathers. These birds are adaptable to varied climatic conditions. Although emu and ostrich were introduced in India, emu farming has gained much importance. Ratite birds have poorly developed wings and include emu, ostrich, rhea, cassowary and kiwi.

What is the economic value of an emu?

Emus are large sized poultry birds of ratite group and have high economic value. They produce valuable eggs, meat, oil, skin and feathers. They can adopt themselves with almost all types of agro climatic conditions. They can be raised in both extensive and semi intensive farming systems. USA, AUS and China are the leading countries in emu farming.