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Palamu Farmer's ₹22 Crore Teak Fortune: 15-Year Investment Yields Massive Returns
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Palamu Farmer's ₹22 Crore Teak Forest: 15-Year Investment Yields Massive Returns
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News18
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11-02-2026, 14:16
Palamu Farmer's ₹22 Crore Teak Forest: 15-Year Investment Yields Massive Returns
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Tarkeshwar Singh Chero, a farmer from Palamu, planted 1500 teak saplings on 5 acres 15 years ago.
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His teak trees are now estimated to be worth approximately ₹22 crore, proving farming can lead to immense wealth.
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Teak wood has constant market demand, with one square foot selling for ₹3000-₹5000; one tree can yield up to ₹10 lakh.
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Singh invested in teak as a long-term strategy alongside traditional farming, providing special care for the initial 2-4 years.
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He advises farmers to adopt timber tree cultivation for long-term financial stability, highlighting the potential for prosperity with planning.
Read Full Article on News18 in Hindi
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