Started with ₹2 lakh, this Bihar entrepreneur now runs a ₹10-crore makhana business
Reported by CNBC-TV18 India, not nibnow. We are not the publisher of this story, only the source is.
This story highlights how small local investments can scale into multi-crore enterprises in regional manufacturing and agricultural sectors. It demonstrates the growing global market reach for traditional Indian superfoods like makhana.
A 28-year-old entrepreneur from Bihar’s Katihar district has built a makhana processing and export business with an annual turnover of around ₹10 crore. His brand, Modi Makhana, sells products across 22 states and exports to more than 10 countries, including the US, UK, Canada, Singapore and Oman.
Makhana, or fox nuts, is an aquatic crop predominantly cultivated in eastern India, particularly Bihar, which produces a significant share of the global supply. Processing raw fox nuts involves labor-intensive steps like roasting and popping before the product is packaged for domestic and international markets.
- •Further expansion into new international markets and retail chains.
- •Scaling of local processing infrastructure and farmer partnerships in Bihar.
- •Potential regulatory changes or export policies affecting agricultural product shipments.