Business opportunities start sandalwood cultivation with Rs 1 lakh investment and earn Rs 60 lakh varpat

New Delhi. Due to the Coronavirus Pandemic, many people lost their jobs. During this time many people started their own business. If you are also thinking of starting your own business, then today we are telling you about a great business idea. With which you will be able to earn bumper every month. Today we are telling the farmers about sandalwood cultivation.

The best thing about sandalwood cultivation is that its demand for sandalwood is very high in our country as well as abroad. The amount of money you spend in the cultivation of sandalwood gives manifold profits in it. The expenditure involved in this is about one lakh rupees and the profit in this can be up to 60 lakh rupees.

Young people are leaving their jobs and starting this business
Let us tell you that there is a bumper profit from the cultivation of sandalwood. This is the reason that these days the youth are more inclined towards this than the job. Leaving the job of an excellent Pandey officer in Pratapgarh, Uttar Pradesh, he is earning a good amount by doing sandalwood in the village. On the one hand, where youth work hard and look for jobs, leaving the village farming and dreaming of getting a job.

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On the contrary, after resigning from the post of Assistant Commandant in Sasstra Seema Bal (SSB), Utkrisht Pandey is cultivating sandalwood-turmeric in the village. At the same time, farmer Surendra Kumar has set up the first successful plant of sandalwood cultivation in Haryana. Surendra Kumar has planted sandalwood plants in 2 acres. According to Surendra, about Rs 4 lakh per acre was spent for the cultivation of sandalwood and after 10 years the income is about Rs 1 crore per acre.

Learn How To Cultivate Sandalwood
Let us tell that sandalwood trees can be prepared in two ways, first is organic farming and second is in traditional way. It takes about 10 to 15 years to prepare sandalwood trees in an organic way and it takes about 20 to 25 years to grow a tree in the traditional way. The sandalwood plant is quite expensive as compared to other plants, however, you will get an average of 400 rupees by buying the plants together.

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The cost of sandalwood in India is about 8-10 thousand rupees per kg, while in foreign countries it costs 20-25 thousand rupees. About 8-10 kg of wood is easily available in a tree. On the other hand, if we talk about the land, 50 to 60 lakhs can be earned from sandalwood tree in one acre.