In order to avoid pollution and many serious diseases, the market for natural products and medicine is growing rapidly. In addition, the demand for natural products made by them has also seen a surge.
Hence, the scope of having a successful business in the field has also developed. The benefit of starting a business in this field is that there is less cost involved with ensured earnings for a long time.
Neither a large farm nor a huge investment is required for the cultivation of a medicinal plant. You can easily lease the land for cultivation. Nowadays many companies are cultivating medicinal plants on a contractual basis.
To start cultivating them, you need to spend only a few thousand rupees but the returns are in lakhs.
Most herbal plants such as basil, Artemisia annua, Mulathi, Aloe Vera, etc. are cultivated in a very short time. Some of these plants can also be grown in small pots. These days, there are many pharmaceutical companies in the country that contract until the purchase of crops, which ensures earnings.
Tulsi is a very essential part of the Hindu religion and its rituals. Tulsi plant also has many medicinal properties. With these properties, medicines for serious diseases are made. It costs only 15 thousand rupees to grow Tulsi on 1-hectare farm, but after 3 months, this crop is sold for about 3 lakh rupees.
Tulsi cultivation is being done by big brands that make Ayurveda medicines like Patanjali, Dabur, Vaidyanath, etc. There is a big market for Tulsi seeds and oil. The rates of the oil and seed made by basil changes every day.
Proper training for the cultivation of medicinal plants is very much required. The Central Institute of Medicinal and Aromatic Plant (CIMAP) at Lucknow provides training for the cultivation of these plants.