Not gold but not less than gold, if you plant this tree you will definitely become a millionaire.

New Delhi. Nowadays people are losing interest in jobs and are looking for new sources of income. He wants to do some of his own work so that he doesn’t have to bear the pressure of a boss and deadlines. If you also want to start your own business, then we are going to tell you about a business idea that may take some time, but after that, nothing can stop you from becoming a millionaire. You can see it as an investment. We are talking about sandalwood business.

Sandal tree means sandalwood tree. There is a sandalwood tree from whose work Pushpa (the film’s character) became rich. However, in the film, he was smuggling trees, which is a crime. But you don’t have to. You can legally grow sandalwood trees and make a profit from them. If reports are to be believed, one can earn up to Rs 5 crore from 100 sandalwood trees.

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Time will have to be given.
Sandalwood cultivation is profitable but requires a lot of time. This means you can’t even think of quitting your job right after planting a tree. If the sandalwood tree is grown conventionally, it takes 20-25 years to fully mature. However, with organic method, this tree can be produced in 10-15 years. Although the sandalwood tree requires little maintenance, it must be protected from smugglers and animals. , sandalwood trees can thrive in a variety of environments, except in sandy or snowy environments.

How much will be earned?
Once a sandalwood tree is fully grown, it can be sold for Rs 3-5 lakh. If you plant even 5-10 trees, you can earn up to 30 lakh rupees. But if you plant 100 sandalwood trees, you can own around Rs 5 crore.

What are patches?
Sandalwood cultivation is not only a fear of smugglers but also a condition has been set by the government for its cultivation. Sandalwood trees or wood from sandalwood trees can only be sold to the government. You cannot go to the private market and sell it. To navigate this, sandalwood growers must first inform the forest department and seek their permission to sell the harvested sandalwood to the government. This regulatory framework ensures the sustainable cultivation and conservation of this valuable resource.

Tags: business opportunities, New business idea.