Nikhil Kumar Sinha

Startup Name : Trisat Herbal and Natural Foods Private Limited

About Nikhil Kumar Sinha

StartUp Name : Trisat Herbal and Natural Foods Private Limited

Year : 2019-20

Programme Associated with : Agripreneurship Orientation Program-II (SABUMANG)

Deals in consumer products based on Medicinal, Aromatic and Non-Timbers forest Produce

NTFPs (non-timber forest produce) play an important role in sustainable livelihood of the tribes living in forest fringes. NTFPs also serve as an important source of food, nutrition, medicine, income and employment but due to some prevailing problems like low and fluctuated market price, lack of developed market, existence of bad weather causes significant interruption in collection and marketing of NTFPs. due to poor market infrastructure and fluctuated market price the respondents were not getting remunerative prices for their NTFPs. Thus, they were derived less profit from the marketing of NTFPs.

Hence, Nikhil Kumar Sinha, Giridih District of Jharkhand planned to solve these issues. There was a need to take necessary steps by his team to eliminate these existing problems. To understand the issue he has done a survey in which a study was conducted in Parasnath hill in Giridih district of Jharkhand State. The findings of this study reveal that cent per cent respondents were involved in collection of Mahua. With regard to problems faced by the respondents in collection and marketing of NTFPs, majority of the respondents (95.56%) pointed out that they were facing the problem of low and fluctuated market price primarily, and others problems like bad weather and lack of developed market infrastructure for NTFPs over collection. Lack of transport facilities for marketing of NTFPs, lack of skill oriented training programme related to collection, processing and marketing of NTFPs, lack of good road connectivity of villages with market lack of low cost storage facilities.

Now Nikhil understood the issues and started his business as a start-up  and focus on all things which is necessary to make  groups  of tribal who engaged in it and empower others through skill development  programmes and outsourced manufacturing of jam, jelly, bamboo pickle, and mahua oil with an NGO in Ranchi. And the start-up developed market channel in Jharkhand and Bihar Major cities.

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