Laturलातूर
24.5 lakh people. Larger than Bahrain, Estonia, or Mauritius. Governed as one cell of one state.
- Population
- 24,54,196 (24.5 lakh)
- Area
- 7,157 km²
- Headquarters
- Latur
₹6,570 cr
of bankable business potential identified by the government in Latur.
Source: NABARD PLP 2023-24
Opportunities
What you can build here
Each opportunity card maps to a banker-ready DPR template. Generate a customised DPR with your promoter and capital details — ₹499 per report.
NABARD's plan for Latur · PLP 2023-24
₹6,570 crof bankable credit potential identified by the government
Crop production, maintenance & marketing
₹3,040 cr
Micro, Small & Medium Enterprises (MSME)
₹1,901 cr
Term loans for agriculture & allied activities
₹595 cr
Ancillary activities (incl. food & agro processing)
₹454 cr
Latur's 2023-24 NABARD credit plan sizes the district's lending potential at about ₹6,570 crore. Farming and allied work makes up roughly two-thirds (₹4,285 cr, 65%), while small and medium businesses (MSME) account for about ₹1,901 cr (29%) — split into ₹336 cr of term loans and ₹1,565 cr of working capital.
The single biggest opportunity is crop loans at ₹3,040 cr, since Latur sits in Maharashtra's soyabean belt and also grows tur, gram, jowar, sunflower and groundnut. The plan flags strong room in food and agro-processing (₹408 cr) — think Mini Dal Mills, pulse/grain/fruit/vegetable units and cold storage — building on the district's existing Dal and Sugar industries around Latur and Udgir towns. Dairy, poultry and goatery are major income-boosters for small farmers (₹89 cr dairy, ₹42 cr poultry, ₹26 cr sheep/goat). There is also money set aside for premium fruit (Keshar mango, pomegranate), farm machinery (₹140 cr), and irrigation/water structures (₹151 cr).
The plan is candid about gaps. Latur is drought-prone, so water harvesting and micro-irrigation are urgent. Dairy needs more milch animals and fodder banks. Farmer Producer Organisations need steady handholding and finance, the district has just one Krishi Vigyan Kendra (Manjara) for the whole area, and poultry remains exposed to Avian Flu. Cold-chain, storage and warehouse-receipt systems are highlighted to cut distress sales.
What the plan promotes
- Crop credit of ₹3,039.78 cr anchored on the soyabean belt — Kharif soyabean/tur/moong/urad/jowar/maize and Rabi gram/jowar/sunflower/groundnut on 6.09 lakh ha net sown area.
- Food & agro processing potential of ₹408.34 cr — encourage cooperatives, APMCs, FPOs and SHGs to set up Mini Dal Mills, grain/pulses/fruit/vegetable processing units and cold storages; Dal and Sugar are the district's main agro-industries.
- Dairy/poultry/goatery are prominent allied activities — Animal Husbandry term-loan potential of ₹88.79 cr (dairy), ₹42.12 cr (poultry) and ₹25.86 cr (sheep/goat/piggery), with 387 AH cooperative societies and 232 milk-collection centres in the district.
- FPO push: three FPOs formed under PRODUCE Fund and one more under PODF-ID; two FPOs registered under the Central Sector Scheme for 10,000 FPOs (one each in Ahmedpur and Udgir block) — credit-linked through banks and NABKISAN.
- Premium fruit-crop area expansion for Keshar Mango and Pomegranate with high-density planting — Plantation & Horticulture term-loan potential of ₹108.90 cr.
- Farm mechanisation potential of ₹139.82 cr to be extended to small/marginal farmers via Custom Hiring Centres, Agro Service Centres / Equipment Banks and group financing.
Gaps the plan names
- Drought-prone district — urgent need for micro-irrigation, water budgeting and rain-water harvesting, plus maintenance/repair of percolation tanks, desilting of MI tanks, bunds, feeder channels and river embankments.
- Dairy lacks backward linkages: shortage of milch animals for milk production despite adequate chilling plants, processing units and milk unions; need to establish fodder banks and propagate hydroponic fodder cultivation to overcome fodder scarcity.
- Farmers Producer Organisations need continuous mentorship, handholding and hassle-free finance, plus more outlets for procurement, storage, sale of produce and small processing units.
- Only one Krishi Vigyan Kendra (in Manjara) serves the entire district — more KVK-type institutions needed for a 'lab to land' outreach.
- Poultry hit by Avian Flu epidemics in the past, cutting credit flow — extension services, health care, vaccination and management need scaling up.
See the plan's recommendations
What the plan promotes
- Crop credit of ₹3,039.78 cr anchored on the soyabean belt — Kharif soyabean/tur/moong/urad/jowar/maize and Rabi gram/jowar/sunflower/groundnut on 6.09 lakh ha net sown area.
- Food & agro processing potential of ₹408.34 cr — encourage cooperatives, APMCs, FPOs and SHGs to set up Mini Dal Mills, grain/pulses/fruit/vegetable processing units and cold storages; Dal and Sugar are the district's main agro-industries.
- Dairy/poultry/goatery are prominent allied activities — Animal Husbandry term-loan potential of ₹88.79 cr (dairy), ₹42.12 cr (poultry) and ₹25.86 cr (sheep/goat/piggery), with 387 AH cooperative societies and 232 milk-collection centres in the district.
- FPO push: three FPOs formed under PRODUCE Fund and one more under PODF-ID; two FPOs registered under the Central Sector Scheme for 10,000 FPOs (one each in Ahmedpur and Udgir block) — credit-linked through banks and NABKISAN.
- Premium fruit-crop area expansion for Keshar Mango and Pomegranate with high-density planting — Plantation & Horticulture term-loan potential of ₹108.90 cr.
- Farm mechanisation potential of ₹139.82 cr to be extended to small/marginal farmers via Custom Hiring Centres, Agro Service Centres / Equipment Banks and group financing.
Gaps the plan names
- Drought-prone district — urgent need for micro-irrigation, water budgeting and rain-water harvesting, plus maintenance/repair of percolation tanks, desilting of MI tanks, bunds, feeder channels and river embankments.
- Dairy lacks backward linkages: shortage of milch animals for milk production despite adequate chilling plants, processing units and milk unions; need to establish fodder banks and propagate hydroponic fodder cultivation to overcome fodder scarcity.
- Farmers Producer Organisations need continuous mentorship, handholding and hassle-free finance, plus more outlets for procurement, storage, sale of produce and small processing units.
- Only one Krishi Vigyan Kendra (in Manjara) serves the entire district — more KVK-type institutions needed for a 'lab to land' outreach.
- Poultry hit by Avian Flu epidemics in the past, cutting credit flow — extension services, health care, vaccination and management need scaling up.
Value-chain gaps
Money this district loses today
Raw output sold cheap, value added elsewhere — each gap below is an opening for a local business.
Resources
What this district has
Tap a category to see the facts and figures underneath. Numbers marked unverified are AI-extracted and need a sourcing pass.
About Latur
Latur district is a district in Maharashtra state of India. Latur city is the district headquarters and is the 16th largest city in the state of Maharashtra. The district is primarily agricultural. Urban population comprises 25.47% of the total population.
Source: Wikipedia — Latur district
Atlas
Rank all districts →Maharashtra
Latur
See Latur elsewhere
Ask anything about starting up in Latur
Get a first answer in minutes.
Want to ask the community something specific?
Sign in to post an ask.
Who's building here
No one has claimed a project here yet. Be the first builder visible to future visitors.
Compare Latur with
Spotted a gap, fact, or opportunity we missed?
Submit it to the moderation queue. We review within 72 hours.
Contribute →