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Business Opportunity: Start this business with just Rs 1 lakh, you will earn up to Rs 60 lakh

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new Delhi. If you are also planning to start your own business but want to make small investment, then this is a great business for you. Big profits can be earned in this business by starting on a small scale. The initial investment is only 1 lakh rupees and the earning is 60 lakh rupees.

Actually, the demand for sandalwood has increased rapidly in the country as well as abroad. There is a total demand of 6 to 7 thousand tonnes per year in the international market. Farmers can make a profit of crores of rupees in less time from sandalwood cultivation.

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how to start sandalwood cultivation
Sandalwood trees can be prepared in two ways, first is organic farming and second is in traditional way. It takes about 10-15 years to prepare sandalwood trees in an organic way and it takes about 20-25 years for the tree to grow in the traditional way. White sandalwood cultivation can be done in those places where the pH value of water is more than 6.5 while red sandalwood is cultivated in those places where the pH value of water is less than 6.5.

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Sandalwood plants are quite expensive as compared to other plants. The average cost of a plant is Rs 400. The cost of sandalwood wood in the country is about 8 to 10 thousand rupees per kg, while in foreign countries its price is 20 to 25 thousand rupees. About 8-10 kg of wood is found in one tree. 50 to 60 lakhs can be earned from sandalwood tree in one acre.

Tags: business, business ideas, business opportunities, Earn money

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