Even though India has recently seen a lot of plantations destroyed, our farmers may still make a lot of money by producing plants and trees that can provide them with significant returns. There are numerous specialized crops among these that may bring up to 1.5 crores per acre.
India has seen significant plantation devastation, yet our farmers may still make a lot of money by producing plants and trees that can provide them with significant returns. Many of these plants may produce as much as 1.5 crores per acre and are quite simple to grow. If farmers want to double their income by 2022, they may want to explore growing plants as a source of revenue.
5 Most Profitable Trees To Grow In India
Below are listed the top 5 trees with the highest profit margins that may generate a very nice revenue for farmers. Some of the trees you may be familiar with, but you may not be aware of the few that we are exposing here.
- Tree of sandalwood
One of the most costly plants in the world, not only in India, is the sandalwood tree. That’s why it is one of the most profitable trees to grow in India.
People are still not growing the tree, primarily because they are uninformed that they can. Many people think that it is illegal to produce sandalwood in India, yet this misinformation has been widely disseminated. The cultivation of sandalwood trees is mostly carried out in Mysore and Maharashtra, however, it may also be practiced in other areas. In the north of India, however, this priceless tree is not grown.
- Tree of mahogany
One of the most climatically adaptable trees, it can be cultivated in practically all of India. Mahogany trees are unique in that they require little maintenance and water. It is a self-fertilizing tree, therefore after two years, little fertilizer is required. This tree was first cultivated in Rajasthan as well. Simply said, it indicates that this tree can readily thrive in areas with little rainfall. You may harvest these trees after 10 to 12 years, and after 10 years, one mahogany tree would cost between Rs. 10,000 and Rs. 15,000. Since you can buy the seedlings in bulk through the many green websites, it is really one of the most profitable trees to grow in India.
- Coconut palm
35 coconuts may be produced by a coconut tree, and a strong tree can even yield 75 fruits. The first fruit is produced by the tree after 6 to 10 years, and the peak fruit production is reached after 15 years. The southern area of India includes Tamil Nadu, Odisha, Kerala, Karnataka, West Bengal, and Andhra Pradesh, all of which are known for their propensity for cultivating coconuts. Farmers may get a net profit of Rs 104900 by planting 150 coconut palms per acre. This is again one of the most profitable trees to grow in India
- Moringa plant
The drumstick tree, commonly known as the moringa, can grow everywhere in the world without needing a certain type of environment or weather. The cultivation of moringa trees is highly common all over the world because of their quick adaptability to varied climatic conditions. The yield of pods per acre ranges from 12 to 20 tonnes and the cultivation is done for both pods and leaves. The cost of moringa leaves per kilogram ranges from Rs 20 to Rs 25, and one acre may provide a net return of Rs 145400.
- Tree of Agarwood
Agar trees need 10–12 years to reach maturity. For the tree to grow and develop, it also requires a lot of water and a lot of rainfall each year. A farmer may get Rs 9 crores after 10 years by planting 700 trees in one acre, which is equivalent to a tree worth $10,000. You might wonder why people aren't cultivating the tree if it can produce such a significant quantity. The development of resin inside the tree presents the main difficulty in this cultivation. The liquid resin found inside the agar tree has a real commercial value. It is a dark, black tint. The development of the tree's natural resin is challenging, making it more affordable for farmers.
Over 80% of the world's terrestrial biodiversity may be found in trees, which also help clean the air we breathe, filter the water we drink, and offer habitat. Over 1.6 billion people have worked thanks to forests, which also remove dangerous carbon from the environment and serve as a major component of 25% of all pharmaceuticals.