Unlock immense wealth: Cultivate specific trees on just one acre for wood fetching millions; precise variety selection is paramount.
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Plant Teak, Earn Crores: Hazaribagh Farmers Can Make ₹2 Cr/Acre in 12 Years
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News18•05-03-2026, 16:20
Plant Teak, Earn Crores: Hazaribagh Farmers Can Make ₹2 Cr/Acre in 12 Years
•Farmers can earn up to ₹2 crore per acre by planting teak trees, offering a strong financial alternative to traditional farming.
•Dr. Arvind Kumar of ISecT University, Hazaribagh, highlights Jharkhand's favorable climate for teak, especially on 'tand' (upland) land.
•Planting 700-800 saplings per acre requires an initial investment of ₹5-6 lakh, but selecting hybrid varieties from America or Australia is crucial for rapid growth.
•Hybrid teak varieties mature in about 12 years; wood sells for ₹3000 per cubic foot, with each tree potentially worth ₹60,000.
•Teak wood's strength and durability ensure high market demand for furniture, doors, and decorative items, making it a robust long-term investment.
