From mushrooms to pomegranates, foods that can make you a millionaire
With the right knowledge, investment, and market understanding, some of these crops have the potential to turn small-scale farmers and entrepreneurs into millionaires. From exotic fungi to ancient grains, here are 10 high-value foods grown in India that can lead to some serious profits.
These nutritious fungi are highly sought after for health reasons and as adjuncts to be used in cooking, thus high demand both domestically and abroad. Starting such an enterprise has relatively low capital costs, and mushroom farming can eventually yield considerable returns.
Saffron is one of the most expensive spices globally. Cultivation mainly happens in the Kashmir area, India. The harvesting of saffron threads is very labour-intensive and makes it a high-value crop. Cost cannot stop people from using saffron, as it is also a luxury spice used in food, cosmetics beauty products, and medicine
Pomegranates have emerged as a health and wellness fruit, according to the nutrient content in them. Indian varieties, particularly those grown in Maharashtra and Gujarat, are highly sought after both in domestic as well as international markets.
With increased demand for plant-based food products as well as almond milk and almond flour, the value of almonds has greatly increased. Investment in almond orchards can reap substantial returns because almond consumption in India is growing at such a breakneck pace.
Truffles are not a natural part of India, but it has begun to look into cultivating these highly valued fungi by their potent smell and taste. Truffles were considered a luxury item in international markets, and successful cultivation could turn a small plot of land into gold.
Global trend in healthy eating has made avocados one of the most wanted fruits worldwide. Avocado farming is still in a very nascent stage in India especially in Kerala and Tamil Nadu as the climatic conditions are well-suited for it.