If you are also looking for such an income source which can make you earn big money with low cost and that too without much tension. If the answer to this question is yes, then we will help you with this. For this, you must have agricultural land. According to the figure, ships are made from the wood produced from the farming we are trying to tell you about. Not only this, but you can also take home good money by selling the seeds, bark, and leaves of this tree.
Wood is not damaged by water
You must be wondering which wood we are talking about. We are talking about 'mahogany cultivation'. The farmers cultivating this tree need patience. This is because its profit is available after 12 years of planting. Apart from the stem of the tree, its seeds, bark, and leaves also fetch good rates in the market. Even water cannot harm its wood in any way.
What is needed for farming
If you cultivate it in one acre of land, then you can expect an income of Rs 1.5 to 2 crore from it. For this, you will need fertile soil, a proper drainage system, and land with a normal pH level. One has to face difficulties in this farming in the mountains. Actually, due to strong winds, the tree gets damaged and this plant does not flourish.
Mahogany wood is used for making ships, making ornaments, precious furniture, decorations, sculptures, etc. Mosquito-repellent products and insecticides are made from the oil of the leaves and seeds. It is also used in making paint, varnish, soap, etc. The tree takes 10 to 12 years to mature. When the tree is fully prepared, its wood is sold for one thousand rupees per kg. According to an estimate, by cultivating it in one acre, you can get a profit of 1.5 to 2 crores.
