Business Idea 2023 - If you also want to start a new business, today in this article we are going to tell you about a business in which you can earn above Rs.60 lakh by starting with Rs.1 lakh. Let us know in detail about this business in today's article.
These days all the farmers in the country keep trying to earn more profit in less cost. The aim of every farmer, be it small or big, is to make profit by farming. For this, the farmers of the country keep on doing new experiments in farming. Most of the farmers in the country are still associated with traditional farming, while there are some farmers who want to move away from traditional farming and cultivate such things which can give them good profit.
These days all the farmers of the country try to earn more profit in less cost. The aim of every farmer, big or small, is to earn profit by farming. For this, the farmers of the country keep on doing new experiments in farming. Most of the farmers in the country are still associated with traditional farming.
While there are some farmers who want to move away from traditional farming and do some such farming which can give them good profit. In today's article, similar information is being given to the farmers, which will help the farmers a lot in farming.
In today's article, we will give information about sandalwood cultivation to the farmers. The best thing about sandalwood cultivation is that its demand is very high in our country as well as in foreign countries. The amount of money you spend in sandalwood cultivation gives many times more profit. But, for this you have to wait at least 10-15 years.
The cost is around one lakh rupees and the profit can be up to 60 lakh rupees. In this, white sandalwood trees are considered evergreen, the oil and wood extracted from it are used to make medicinal goods. While white sandalwood oil is used as a fragrance in soaps, cosmetics and perfumes.
In how many days sandalwood is ready
Sandalwood trees can be prepared in two ways, first organic farming and second traditional way. It takes about 10 to 15 years to cultivate sandalwood trees organically and about 20 to 25 years to cultivate a tree traditionally. Sandalwood plant is quite expensive as compared to other plants, but if you buy several plants together, it will cost you Rs.400 on an average.
How much can get the price
The price of sandalwood in India is about 8-10 thousand rupees per kg, while in foreign countries its price is 20-25 thousand rupees. At the same time, about 8-10 kg of wood is easily available in a tree. At the same time, according to the land, up to 50 lakhs can be earned from sandalwood tree in one acre.
Conclusion – Business Idea 2023
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