In developing countries, many established farmers continue to adopt their old farming practices. But intensive farming and mechanized farming are common in developed countries. Whether you have a tiny farm, greenhouse or large piece of land– you can earn a sustainable income by growing the right things for the highest profit margins and commodity commodities. Let’s get started!
The first crop on the list is rice. Rice is a highly consumed food, and hence the demand for this crop is very high. This is the reason why it is widely cultivated throughout the world. India ranks second in rice production and it covers one third of the total cultivated area. Rice is made in almost all the states. The top three rice producing states are West Bengal, Punjab and Uttar Pradesh. Other rice growing states may include Tamil Nadu, Andhra Pradesh, Bihar, Jharkhand, Uttarakhand, Chhattisgarh, Odisha, Uttar Pradesh, Karnataka, Assam and Maharashtra.
Ornamental grasses are drought-tolerant and low-maintenance; That’s why many homeowners and interior decorators love it. Ornamental grasses are available in a wide variety of sizes and shapes. You can use ornamental grass to cover a field, create a backdrop, wall garden or any other form.
Bonsai enjoys extensive and growing demand, there is a chance for new growers to sell bonsai trees and shrubs to hobbyists and collectors. It is difficult to meet the demand. Growing bonsai plants in your land is an easy way to turn your passion into money. Becoming a collector bonsai producer requires very little growing area, because the plants are so compact, and a few hundred dollars for seeds or planting and supplies.
Growing medicinal plants economically is one of the profitable agribusiness ideas. Having an ample amount of land and knowledge about marketing of herbs, an entrepreneur can start cultivation of medicinal herbs with moderate capital investment.
For those who do not have the space to garden, growing mushrooms for profit can yield good returns in a small space. It consists of Porcini, Enoki, Chanterelle, Morel, Shiitake, Oyster, Maitake, and Blewits mushrooms. A person who has even a little idea of Mushroom growing science and technology and has his own building to start a Farm – Mushroom farming business would be the right choice to start.
Microgreens are small edible plants that are older than a seedling, but smaller than a full-grown plant. They are the smallest greens and can be grown from almost any plant variety that will produce a mature plant, such as beets, radishes, or mustard.
Lavender is one of the most beneficial cash crops to grow in india. One of the things that makes lavender so profitable is all the many avenues of revenue and uses for it. It is used in aromatherapy, oils, flower arrangements, cooking, etc. It takes approximately three years from seed to harvest for lavender to reach full maturity for the best harvest.
Various types of flowers are considered as profitable cash crop plants for growing. Floriculture is also an ideal home-based business that can be started with small startup capital. It is important to choose the right variety according to your climate and soil to get success in the floriculture business.
Ginseng root is commonly used and sold as an herbal medicine supplement.
This crop is a long-term investment, with wild ginseng root taking approximately three to twelve years to be ready to be harvested. The prong on a ginseng root is a good indicator of maturity, usually ready for harvest after legally having three or more prongs.
Cotton is one of the most essential fibers and considered as beneficial cash crop plants to grow. It plays a major role in the industrial and agricultural economy. It provides basic raw material or cotton fiber to the textile industry. It requires proper care.
Chives are perennial evergreen plants, which keep their leaves during the colder months and grow back in the spring. Chives are also known as “gateway herbs” because they are easy to grow and require almost no care.
Sugarcane is one of the highest yielding crops. Sugarcane is one of the beneficial cash crop plants to grow. Sugarcane is a long duration crop and it withstands all seasons like rainy, winter and summer during its life cycle.
Many different types of specialty herbs are very popular for their medicinal properties. Choosing the right herb and making the right marketing strategy is the most important factor in herb farming. Some beneficial herbs are chives, cilantro, oregano, chamomile, etc. You can avail online plants shopping for your plants needs.
So, choose some profitable plants and crops from this list that can help you generate huge margins in farming business in India. Happy planting!