The medicinal plants demand in the market is very high in India. Especially during pandemics, people have increasingly become aware of the health benefits of these plants. Therefore, the business of Medicinal Plants farming is flourishing like never before. This unique farm business requires low investment and long-term earnings are assured. Neither a huge farm nor investment is required for the cultivation of medicinal plants.
Nowadays many companies are giving out contracts for the cultivation of Medicinal Plants we have discussed some of these companies further in the article. To start their cultivation, you need to spend only a few thousand rupees, but the earning is in lakhs.
Most Profitable Medicinal Plants:
Most herbal plants like Tulsi, Artemisia annua, Licorice, Aloe Vera, etc. get ready in a very short period of time. Some of these plants can also be grown in small pots. These days, a lot of pharmaceutical companies in the country give out contracts for the purchase of crops, which ensures earnings.
Earn 3 lakhs in 3 months
Tulsi is usually associated with religious matters, but the cultivation of Tulsi with medicinal properties can be earned. There are many types of basil, which contain eugenol and methyl cinnamate. Medicines are made from their use for serious diseases like cancer. It costs only Rs 15k to grow basil on 1 hectare of land, and you can earn a handsome amount of up to Rs 3 lakh in a span of just 3 months.
Companies that offer Contract Farming:
Tulsi cultivation is also doing contract farming by companies making Ayurveda medicines like Patanjali, Dabur, Vaidyanath etc. Those who buy the crop through their own medium. There is a big market for basil seeds and oil. Oil and basil seeds are sold every day at a new rate.
Medicinal Plants Cultivation Training:
For the cultivation of medicinal plants, it is necessary that you have good training. Lucknow-based Central Institute of Medicinal and Aromatic Plant (CIMAP) provides training for the cultivation of these plants. Through CIMAP, pharmaceutical companies also sign contracts with you, so you will not have to go here and there.
