If you’re seeking high earnings despite low investment, consider basil cultivation as a viable business option. With an initial investment of just Rs 15,000, you can potentially earn up to Rs 3 lakh within a short span.
Benefits of Medicinal Plants
Medicinal plants, such as tulsi, are in high demand due to their therapeutic properties. Government support is available to kickstart this venture, making it accessible and profitable.
Steps to Successful Tulsi Cultivation
Tulsi cultivation doesn’t require extensive land or capital. You can opt for contract farming with established companies, minimizing risks and maximizing profits.
Ideal Soil and Planting Process
Sandy loam soil is ideal for tulsi cultivation. Start with seedbed preparation in June-July and transplant seedlings accordingly. Maintain optimal spacing for healthy growth.
How to Cultivate Basil
The ideal soil for basil cultivation is sandy loam. The cultivation process begins with seedling preparation in June-July, followed by transplantation.
Plants should be spaced 60 cm apart between rows and 30 cm apart within rows. The crop matures in approximately 100 days, after which it can be harvested and sold.
Harvesting and Profit Potential
Within approximately 100 days, tulsi is ready for harvest. Companies like Patanjali and Dabur actively engage in contract farming, offering a lucrative market for tulsi seeds and oil.
Partnering with Companies for Basil Farming
Leading Ayurvedic companies engage in contract farming for basil. They purchase basil directly from farmers, creating a steady market for basil seeds and oil, which are commodities traded daily.
By entering the basil cultivation business, you can capitalize on its growing demand in the market while benefiting from relatively low startup costs and government support.