Today, we introduce a business idea with great profit potential and a small investment. This opportunity can multiply your initial investment by up to five times.
The business is Aloe Vera farming. Aloe Vera’s demand is increasing rapidly in cosmetics and Ayurvedic medicines, making it a popular choice in the market.
Its cultivation is expanding in India, and the best part is it doesn’t need much moisture to grow.
Aloe Vera grows well in fields without water stagnation. Sandy soil is ideal, and plants should be spaced about 2 feet apart. Grey soil is perfect for Aloe Vera cultivation.
Uses of Aloe Vera
Aloe Vera is commonly used in cosmetics and Ayurvedic products. Successful farming requires knowledge and regular maintenance of the fields.
Aloe Vera is susceptible to pests, so using pesticides is important, but avoid using urea or DAP as fertilizers.
There are different species of Aloe Vera, but the Barbadensis variety is the most popular due to its large leaves that contain more gel.
It is used in juices and cosmetics. The Indigo species, often found in homes, is also beneficial.
When to Plant Aloe Vera
Aloe Vera can be planted until October-November, but it can be planted throughout the year.
Once planted, it can be harvested twice a year, ensuring consistent profits. Aloe Vera is also not affected by animal damage.
Five Times Profit from Aloe Vera
In one bigha of land, you can plant around 12,000 Aloe Vera plants. The cost of each plant is about 3-4 rupees, so planting in one bigha will cost you around 40,000 rupees.
Each plant can yield up to 4 kg of leaves, and each leaf is worth 7 to 8 rupees.
How to Earn Significant Income
You can sell Aloe Vera leaves for profit, or alternatively, extract the gel and sell it to companies. Even just selling the leaves can bring in good income.
As your Aloe Vera business grows, you can expand your cultivation and quickly turn into a successful entrepreneur.
