highlights
Malabar neem tree is slightly different from ordinary neem.
It can be easily cultivated in all types of soil.
Its plant grows to a height of 08 feet in a year.
New Delhi. In this day and age, everyone gets bored doing the same job. In such a situation, many people leave their jobs and return to farming. If you too want to become a millionaire in the shortest possible time, then today we will give you a great idea. This business will make you rich within 5 years. Actually, we are talking about growing Malabar Neem.
Growing Malabar neem trees is a very profitable business. Its wood is used in many works. It is also used in many other works including packaging, making matches, chair-table, sofa. You can earn lakhs of rupees by cultivating it. Malabar neem wood is sold in the market at very expensive prices.
Also read this – This is a great way to earn lakhs of rupees while roaming around
It can be grown on all soil types
Let us tell you that the Malabar neem tree is a bit different from the common neem. It can be easily cultivated in all types of soil. It doesn’t even take a lot of water. Its trees can also grow well in less water. The months of March and April are considered the best for sowing.
5000 trees can be planted on 4 hectares
Say that 5000 Malabar neem trees can be planted on 4 acres of land, where 2000 trees can be planted on the collar outside the field and 3000 trees can be planted on the collar inside the field. Its plants grow up to 40 feet tall within 2 years of planting. At the same time, let us tell you that the farmers of Karnataka, Tamil Nadu, Andhra Pradesh and Kerala cultivate Malabar Neem on a large scale.
Know where it is used
Malabar Neem plants become woody within five years. Its plant grows to a height of 08 feet in a year. Due to the lack of rust in its plants, its demand in the market is very high. Its wood is considered to be the most preferred species for the plywood industry. Plywood after 5 years and after 8 years it is used for the manufacture of furniture. At the same time, as his tree ages, so does his income.
How much will the earnings be?
Please inform that you can sell the wood of the Malabar Neem trees after 8 years. You can easily earn up to Rs 50 lakh by growing it on 4 acres. One of the trees weighs one and a half to two tons and is sold in the market for at least 500 rupees per quintal. So if a plant is sold even for Rs 6000-7000 then you can easily earn lakhs and millions of rupees from this business.
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Keywords: Small-scale business, business ideas, business news, Business news in hindi, business opportunities, easy ways to make money, Agriculture, Money making tips, New business ideas
FIRST RELEASED : March 10, 2023 at 6:00 p.m. IST
