🐴 Investing in Donkeys Can Help You Earn Rs.70,000 Daily?

Oct 10, 2022

What comes to your mind when you hear the word 'investment'?

Probably instruments like stocks, mutual funds, bonds or gold, right?

But the investment space is so much more broader. It has so many instruments that we never consider!

And today, we're going to talk about one such investment: Donkeys.

Curious? ReadOn!

No, we aren't pranking you. Donkeys can truly be a great investment.

That's because just one litre of donkey milk costs Rs. 5,000 - Rs. 7,000!

Sure it is! And why not, donkey milk has countless benefits:

It is high in protein and low in fat, so it can be used as a health drink.
It is super nutritious and contains lactose, vitamins A, B1, B2, B6, C, D and E; proteins, calcium, and anti-bacterial enzymes. This makes it very similar to human breast milk, which means it is an ideal replacement of milk formula for babies.
It also has a lot of benefits for the skin, so it can be used in the skincare industry. In fact, several skin care brands especially in countries like France and Italy make donkey milk products. Indian brands like Dolphin IBA and Organiko also make donkey milk products.

To truly invest in donkeys, you could consider opening a donkey farm.

Here's how much it would take you to set up a donkey farm:

Fun Fact: Back in 2005, the first donkey farm was set up on 2.5 acres of land with 19 donkeys and cost Rs. 42 lakhs.

If the set up cost seems a lot, you could also team up with farmers who already have land and help them buy donkeys, and get a cut of the profits.

Wondering how much you will get after investing this huge amount?

And you can also export this milk at a premium or sell it to skincare companies.

The global donkey milk market size was valued at $26.81 million in 2019 and is projected to reach $78.14 million by 2027, registering a CAGR of 9.4%.

So, the opportunity is huge.

But ignorance about donkey milk, the low yield and the declining donkey population in India are all stopping this industry from growing.

However, the government is working towards formalising and popularising this sector in an effort to boost the donkey population in India.

So, do you think donkeys are a good investment?

P.S. This article was researched and written by our intern Vaidehi Rathi.

⚡ In a line: Donkeys can be a great investment for those looking for alternative investment options.

💡Quick question: Do you know about any other crazy investment ideas?

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