Friday, 15 July 2011

Can Sandalwood cultivation really fetch crores of rupees?

Yes it can. Kindly find the following increase in price since 1990 till 2010. The prices mentioned below at per metric ton (mt). As per our project analysis we would be able to fetch upto 8 (mt) from each acre of cultivation

1) Indian Sandalwood has huge demand worldwide and the supply is currently way under the demand.
2) 100 gms of branch wood (sandalwood) costs Rs 900 (source : Mysore sandal soap, Karnataka)
3) 5 ml of sandalwood oil costs Rs 1350 (source : Mysore sandal soap, Karnataka)

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