highlights
The price of pure Asafoetida in India ranges from 35,000 to 40,000 rupees per kg.
About 40 percent of the world’s Asafoetida is consumed only in India.
It is also used as a medicine in some countries of the world.
New Delhi. If you want to get more profit from new experiments in farming, today we will give you a great business idea. Here we tell you about the cultivation of such a plant, which is in great demand in India, but its cultivation is very small. Not only that, it is also sold at high prices in the market. Actually, we are talking about growing Asafoetida. Due to its very low production in India, it is imported on a large scale.
Let us tell you that the maximum use of Asafoetida in the world is also only in India. This is one of those spices you see in every kitchen. It used to not be cultivated in India at all, but now the cultivation of Asafoetida has started in Himachal Pradesh. Let us know how to cultivate it.
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It is sold for 35-40 thousand rupees per kg
Currently, the price of pure asafoetida in India ranges from 35,000 to 40,000 rupees per kg. In India, it is mainly used in the kitchen to enhance the flavor of food. At the same time, it is also used as a medicine in some countries of the world. Asafoetida is called the food of the gods in Iran. About 40 percent of the world’s asafoetida is consumed only in India, so demand is high here as well. In such a situation, you can make good money by starting to grow Asafoetida.
Beneficial for health along with aromas
The use of asafoetida in cooking not only increases the taste but is also very beneficial to health. Asafoetida is said to have anti-inflammatory, antibacterial and antiviral properties. It is used to add fragrance to many products and to eat and drink. Asafoetida was not previously cultivated in India, but it has now started. Farmers have started cultivating Asafoetida in the Lahaul Valley of Himachal.
That’s how much Asafoetida farming earns
If you start this business growing Asafoetida, it costs Rs 3 lakh per hectare. If you farm in the fifth year of this cost, you can get a profit of up to Rs 10 lakh. On the other hand, if we talk about earning, then the price of one kg of Asafoetida in the market is around 35,000-40,000 rupees per kg. So if you sell 5kg of Asafoetida every month you can easily earn Rs 2 lakh per month.
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Keywords: Small-scale business, business from home, business ideas, business news, Business news in hindi, business opportunities, earn money, Agriculture, Tips for making money
FIRST RELEASED : April 10, 2023 at 1:49 p.m. CET
