A Complete Business Plan for Sandalwood Farming in Odisha
Introduction Sandalwood farming has emerged as one of India's most rewarding long-term agricultural investments. With rising global demand for sandalwood heartwood and essential oil in the perfume, pharmaceutical, cosmetic, handicraft, and religious industries, more investors and farmers are exploring commercial sandalwood cultivation. Odisha offers an excellent environment for sandalwood farming due to its suitable climate, fertile soil, and increasing government support for agroforestry initiatives. Whether you are a farmer, landowner, NRI, or investor, developing a proper business plan is the key to maximizing returns while minimizing risks. This guide explains everything you need to know before starting a sandalwood plantation in Odisha. Why Invest in Sandalwood Farming? Unlike seasonal crops, sandalwood is a premium tree crop that appreciates in value over time. Mature sandalwood trees can generate substantial income after harvesting, making them an ideal long-term wealth c...