There are few products with a huge demand in the market despite their production being very limited.
For farmers seeking new avenues to enhance their income in the agricultural sector, lemongrass cultivation presents a compelling opportunity. With its rising demand and limited production, lemongrass has become a highly sought-after product in the market. This versatile crop offers numerous health benefits, making it both popular and expensive. If you’re considering alternative crops, lemongrass farming could be an excellent choice.
Read More: India to overtake US as world’s second largest economy by 2075: Report
What is Lemongrass farming?
To embark on lemongrass cultivation, start by preparing the fields and creating ridges. Once the groundwork is complete, sow the lemongrass seeds into the ridges. Regular watering is essential for optimal growth, with watering intervals of approximately 15 days. This practice ensures a high yield. The grass can be harvested multiple times within a year, usually three to four times, enabling farmers to maximise their profits.
Read More: Anand Mahindra, Impressed By Woman Making Car With Staple Pins, Offers Her A Job
Applications
One of the key reasons for lemongrass’s popularity and high market demand is its wide range of applications. The grass has multiple uses, making it a lucrative crop for farmers. Apart from selling the grass directly, it can be dried and blended with tea leaves, creating an additional revenue stream. Furthermore, lemongrass oil can be extracted, processed, and sold separately, providing an opportunity for value-added products.
Earning Potential
Lemongrass cultivation has the potential to generate substantial income for farmers. With the ability to grow the crop up to three times per year, the financial returns can be significant. Notably, lemongrass oil commands a high price in the market, often reaching up to Rs 1500 per liter. Farmers can also explore the option of preparing and selling lemongrass tea, which further increases earning potential. With proper cultivation and marketing strategies, farmers have the opportunity to earn lakhs of rupees annually from lemongrass farming.
Read More: Tata Group closes in on deal to become first Indian iPhone maker
Lemongrass cultivation offers farmers a promising opportunity to diversify their agricultural activities and earn substantial profits. With its rising demand driven by health-conscious consumers, lemongrass has become a valuable and sought-after crop.
By preparing the fields, sowing the seeds, and implementing effective irrigation practices, farmers can ensure a high yield. Leveraging the versatile applications of lemongrass, such as selling the grass, producing lemongrass oil, or preparing tea, enables farmers to tap into various revenue streams. With careful planning and dedication, lemongrass farming has the potential to provide a stable and lucrative income source for farmers in search of new opportunities.
