Update: May 2021
The below blogpost was written in 2019. Though the concept and underlying principles remain the same, the pricing changes year on year. Do add an inflation of 8% to 10% year on year to arrive at current prices. We have updated the summary figures to reflect 2021 pricing below in green colour.
When setting up a Hydroponic commercial farm, the various cost components can be grouped under three major heads. These are the external housing, the hydroponic growing technology, and the automation.
For example, polyhouse, greenhouse, glasshouse, shade net house, etc.
For example, Nutrient Film Technique, Deep Water Culture, Ebb & Flow, Dutch Buckets, etc.
For example setting automatic controls for Temperature, Humidity, Irrigation, pH, EC, etc.
The External Housing
Before one even begins to set up the technology inside, the initial cost that a commercial grower will encounter will be towards setting up the external housing. Two critical design choices can impact the cost of the external housing or the outer structure. These are:-
Choice of Design

Flat Roof

Round/Dome Shaped
Choice of Covering Material

Shade Net

Insect Net

Poly sheets
A poly-house is the structure of choice in climatic zones that experience varied weather conditions like extreme heat, or cold, or rains, or hail storm, etc. Within the poly-house, one can opt for temperature control through natural ventilation, foggers, and exhaust fans, or a slightly costlier cooling pad and fan system.

Glass
So how much does it cost to set up the outer structure?
Coming to the cost for these structures, the following were the ballpark estimates for setting up one acre of GreenHouse at prevailing market rates in 2019.