Today, we present a business idea with the potential for significant profit with a small investment. This opportunity can give you up to five times your initial investment.
The business we are talking about is Aloe Vera farming. The demand for Aloe Vera is rapidly increasing, whether in cosmetics or Ayurvedic medicines.
This surge in demand is why Aloe Vera is becoming highly popular in the market, and its cultivation is growing in India. The good news is that it doesn’t require much moisture for the plants to thrive.
Aloe Vera grows best in fields where there is no water stagnation. Sandy soil is ideal for its cultivation, and the distance between each plant should be around 2 feet. Aloe Vera thrives in grey soil.
Contents
Uses of Aloe Vera
Aloe Vera is widely used, especially in cosmetics and Ayurvedic products. However, successful farming requires good knowledge and regular field maintenance. Aloe Vera plants can be prone to pests, so it’s important to use pesticides, but avoid urea or DAP as fertilizers.
There are several Aloe Vera species, but the Barbadensis variety is currently the most popular because it yields large leaves with more gel. It is used in both juices and cosmetics. The Indigo species, often found in homes, is also considered beneficial.
When to Plant Aloe Vera
Aloe Vera can be planted until October-November, but farmers can plant it year-round. Once planted, the plants can be harvested twice a year, ensuring continuous profits. Aloe Vera cultivation is also safe from animal damage.
Five Times Profit from Aloe Vera
In one bigha of land, you can plant 12,000 Aloe Vera plants. The cost of one plant is around 3-4 rupees, so planting in one bigha will cost you approximately 40,000 rupees. Each Aloe Vera plant yields up to 4 kg of leaves, with each leaf valued at 7 to 8 rupees.
How to Earn Significant Income
You can sell Aloe Vera leaves for a profit, and another lucrative option is to extract the gel and sell it directly to companies. By selling leaves alone, you can earn substantial income.
As your Aloe Vera business grows, you can expand your cultivation, and in no time, you could become a millionaire.