If you also want to start your own business by investing less money then you do not need to worry. Today we have brought a cool business idea for you.
You can start it with minimum investment. We are talking about Lemon Grass Farming.
Strong profits can be earned from this farming. Let us tell you that it costs you 15 thousand to 20 thousand rupees to do this farming and you can earn in lakhs every month from this.
There is a lot of demand in the market
There is a lot of demand in the market for the oil extracted from Lemon Grass. The oil extracted from lemon grass is used by companies making cosmetics, soaps, oils and medicines. This is the reason that it gets a good price in the market.
The most special thing about this farming is that it can be planted even in drought affected areas. With the cultivation of lemongrass, you can get a profit of up to Rs 4 lakh in a year from just one hectare.
How to do lemon grass cultivation? (How do I start lemongrass farming?)
The best time to plant lemon grass is between February to July. After planting once, it is harvested six to seven times. Harvesting is done three to four times in a year.
Oil is extracted from lemon grass. In a year, about 3 to 5 liters of oil comes out from one piece of land. Its selling rate is Rs.1,000 to Rs.1,500. Its first harvesting is done after 3 to 5 months of planting lemon grass.
Up to 5 tons of lemon grass leaves can be extracted from the cultivation of one acre of land. By the way, you can start its cultivation for 15-20 thousand rupees, but if you have a little more budget, then you can install the machine in the beginning itself. You can set up the machine for 2 to 2.5 lakh rupees.
How will you earn? (Is lemongrass cultivation profitable?)
With the cultivation of lemon grass, you will start earning very soon. Please tell that one liter of oil is produced from one quintal of lemon grass. Its price ranges from 1 thousand to 1500 rupees in the market. That is, you can earn a profit of at least Rs 3 lakh from five tonnes of lemon grass.
You can also earn well by selling lemon grass leaves. Let us inform that two brothers Raunak Kumar and Raman Kumar of Bihar cultivate lemon grass together and make tea from it and supply it across the country. He is earning 4 to 5 lakh rupees every month from this.