New Delhi. If you want to start your own business by investing less money, then today we have brought a great business idea for you. You can start it by investing minimal money. We are talking about – Lemongrass Farming. Earn money 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 it.
There is a lot of demand in the market
There is a lot of demand in the market for the oil coming out of Lemon Grass. The oil extracted from lemon grass is used by companies making cosmetics, soaps, oils and medicines. This is the reason why it gets a good price in the market. The most important thing about this cultivation is that it can also be planted in drought affected areas. With the cultivation of lemongrass, you can make a profit of about 4 lakh rupees in a year from just one hectare.
How to Cultivate Lemon Grass? (How do I start lemongrass farming?)
The best time to plant lemon grass is between February and July. Once planted, 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 katha land. Its selling rate is Rs 1,000 to Rs 1,500. Its first harvesting is done 3 to 5 months after planting lemon grass.
From the cultivation of lemon grass on one acre of land, up to 5 tons of its leaves can be removed. Although you can start its cultivation in 15-20 thousand rupees, but if you have a little more budget then you can also install the machine in the beginning itself. The setup of the machine can be done in 2 to 2.5 lakh rupees.
How will you earn? (Is lemon grass cultivation profitable?)
You will start earning very soon from the cultivation of lemon grass. Let us tell that one liter of oil comes out 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 3 lakh rupees from five tons of lemon grass. You can also earn good money by selling lemon grass leaves. Let us tell that Raunak Kumar and Raman Kumar of Bihar, two brothers together cultivate lemon grass and make tea from it and supply it across the country. They are earning 4 to 5 lakh rupees every month from this.