If you are interested in a farming venture that has the potential to generate substantial profits, consider cultivating black turmeric.
Black turmeric is highly valued due to its numerous medicinal properties, which contribute to its high market price.
Here are some key points to consider regarding the cultivation of black turmeric and the potential profitability:
- Cultivation Process: Black turmeric is typically cultivated in June. It thrives in friable loamy soil, and it is essential to ensure proper drainage in the field. Approximately 2 quintals of black turmeric seeds are planted per hectare.
- This crop does not require excessive irrigation, and it is not prone to attracting insects. Adding sufficient cow dung manure before cultivation can enhance the yield of turmeric.
- Increased Demand: The demand for black turmeric has surged, particularly after the COVID-19 pandemic. Black turmeric is renowned for its medicinal properties and is considered an immunity booster.
- Its scarcity in the market further contributes to its high demand and elevated prices. Normal yellow turmeric is sold at a range of Rs 60 to 100 per kg, whereas black turmeric can fetch prices ranging from Rs 500 to Rs 4,000 or even higher.
- Profit Potential: While the yield of black turmeric may be relatively lower compared to other turmeric varieties, its high market value compensates for this.
- Cultivating black turmeric on one acre can yield approximately 50-60 quintals of raw turmeric, which translates to around 12-15 quintals of dried turmeric.
- Black turmeric is commonly sold for around Rs 500 per kg, and some farmers have even managed to sell it for as much as Rs 4,000 per kg.
It is important to note that black turmeric cultivation requires specific knowledge and expertise.
Conduct thorough research, consult with agricultural experts, and consider local market conditions before venturing into this business.
