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Farmer's Startup Success: Millions Earned Annually from Rose Gulkand Production
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Farmer Ankit Parihar Turns Roses into 'IG Gulkand' Empire, Earns Lakhs Monthly
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News18
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08-03-2026, 06:40
Farmer Ankit Parihar Turns Roses into 'IG Gulkand' Empire, Earns Lakhs Monthly
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Ankit Parihar, a farmer from Khargone's Nandia village, transformed rose cultivation into a successful gulkand processing startup.
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He launched 'IG Gulkand' with an initial investment of 5 lakh rupees, processing Ajmeri roses grown on his farm.
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Availed PMFME Scheme benefits, securing a 4.46 lakh loan from HDFC Bank and a 1.73 lakh subsidy for his unit.
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His venture produces 12 tons of gulkand monthly, generating 7.20 lakh market value and 80,000 net profit.
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'IG Gulkand' supplies to Nimar, Rajasthan, and Maharashtra, also employing 12 villagers and supporting local farmers.
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