Today, everyone wants to start a business (Business Idea) of their own, from which they will earn a lot of money. But you may not be able to imagine that you can start a business worth crores of rupees from a sapling of just 10 rupees. Yes, you read that right. Many people have become millionaires overnight by cultivating mahogany trees. All you need is patience, proper planning and a little hard work.
The demand for mahogany trees is sky-high
The demand for mahogany trees is sky-high throughout the year. And the wood of this tree is the best option for making furniture. The demand for this wood is so high that the price of the wood of this tree ranges from 2000 to 2200 rupees per cubic foot.
Millionaire with 120 trees
Statistics say that if someone can plant just 120 mahogany tree saplings, then he can earn more than a crore of rupees in 12 years. Usually, this tree reaches maturity in 6 years. And from this time, the wood becomes suitable for sale. However, you can wait up to 12 years for more profit.
The biggest thing is that other vegetables or crops can be planted in the empty land between these trees. That is, income can be generated from one land in more than one way.
While cultivating, keep the methods in mind..
Before starting mahogany cultivation, it is important to check the pH value of the soil. If the pH value is 6 to 7, that soil is suitable for mahogany cultivation. It would be wisest to choose the month of July to August for planting seedlings.
However, while planting seedlings, a space of 4 meters should be kept between each tree. In addition, each hole can be one foot wide and one foot deep. And in each hole, 5 kg of rotted cow dung fertilizer, 100 grams of urea, 100 grams of single super phosphate and 50 grams of potash should be given.
Where can you get mahogany tree seedlings?
Several sources say that mahogany tree seedlings can be purchased from various nurseries, agricultural offices or online platforms. And the price of each tree seedling is only 10 to 15 taka. If anyone wants, they can even grow mahogany seedlings from their own garden.
So if you want to get a big return in the future with a small investment, then try cultivating mahogany trees without investing anywhere, you won’t be disappointed.
Related Posts
Avijit
A digital media professional with 4 years of experience, skilled in online content creation, media and information work, his goal is to regularly bring updates on government projects, scholarships and jobs to his readers.
Related Stories
India
Business
Business
Business
Education
Business
Business
Business
Education
India