Natural Product Business: If you are looking for a business where you do not have to invest and earn well, then we are going to tell you a great business idea. The expenses in starting this business are negligible, while the income from it is in lakhs.
New Delhi: Natural Product Business: If you are thinking of starting your own business then this news is for you only. We are going to tell you about a great business plan. You do not need to spend any special expenditure in starting this business and you can earn lakhs of rupees from this. This business is the cultivation of Natural Medicinal Plant. Nowadays there is a lot of demand for natural products. That’s why many companies are cultivating medicines on contract. To start their cultivation, you need to spend only a few thousand rupees, but the earning is in lakhs.
Long wide land is not required to start this farming. In this, earning can be done in the long term with little cost.
They have the highest demand
There was always a demand for natural medicines and products, but their demand has increased even more in Corona. Nowadays herbal products are used in every household. Things like Tulsi, Artemisia annua, Aloe vera, Mulethi, Atish, Kuth, Kutki, Karanja, Kapikachu and Shankhpushpi are needed for these products. Some of these plants can also be grown in small pots. You can easily grow them in your home or in the plot. Some people are growing these herbal plants in pots on the roof of the houses. For this you will have to spend only a few thousand rupees, but with this you will be able to earn lakhs of rupees. At present, many companies in the country give contracts to grow and buy these crops.
Herbal products have crores of market
According to a report by Economic Times, the herbal products market in the country is worth around Rs 50,000 crore, which is growing at the rate of 15 per cent annually. The area under sowing per acre for herbs and aromatic plants is still much lower than this. Although it is growing at the rate of 10 per cent annually. According to government data, crops are cultivated in a total of 1058.1 lakh hectares in the country. Of these, only 6.34 lakh hectares are planted with herbs and aromatic plants.
So will your earning
The cultivation of all these herbal products earns a lot of money. You must have known about the Tulsi plant. Tulsi is mostly associated with religion but it has many medicinal properties. It contains eugenol and methyl cinnamate, which are used to make cancer medicine. For this reason, it has a lot of demand in the market. It costs only 15 thousand rupees to grow basil on 1 hectare, but after 3 months this crop is sold for about 3 lakh rupees.
Similarly, cultivation of Atish herb easily gives an income of Rs 2.5 to 3 lakh per acre. Atish is mostly used in Ayurvedic medicines. Farmers are cultivating it in the high altitude areas of Uttarakhand and Himachal Pradesh. Apart from this, farmers cultivating lavender easily get Rs 1.2-1.5 lakh per acre. The oil is extracted from lavender. Various aromatic products are made from them. For the cultivation of all these herbal plants, companies making Ayurveda medicines like Patanjali, Dabur, Vaidyanath are doing contract farming.
You can take training from here
You can do training to do herbal farming. With training, you will be able to know more about these crops. For this, you can take training for the cultivation of these crops from the Central Institute of Medicinal and Aromatic Plant (CIMAP), Lucknow. Through CIMAP, pharmaceutical companies also sign contracts with you, so you will not have to go here and there.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
