What are the most profitable crops in India?

If you were ever interested in knowing what is primary industry and its essential components, well you have come to the right place. This is because agriculture and crops are definitely at the core of it. In India, the farmers grow crops on a large scale. They also use different types of farming methods to make sure that the crop grows well. The crops that are grown in India include food crops and raw materials. Here we provide a list of some major crops grown in India and the profit that they bring to the farmers.

  • Tobacco

It is one of the major cash crops of India, which is grown largely in Karnataka and Andhra Pradesh. By growing this crop, the farmers can gain a good profit. The demand for tobacco is increasing day by day which makes it profitable as well as popular among farmers.

  • Cotton

It is one of the most important commodities in India along with being an important raw material for textile industries. This crop helps the Indian economy a lot by generating exports worth billions of dollars every year.

  • Wheat

This crop is grown widely in Northern part of India, such as Punjab and Haryana where it plays an important role in making breads and other food products that are eaten daily by common people. It is also used as an animal feed and fuel for power plants.

  • Rice

In India, one of the most popular and profitable crops is rice. It is grown in almost every state of India except for the state of Jammu and Kashmir. In 2008-09, around 200 million tonnes were produced in India. It is usually grown during monsoon season and harvested in December or January. The yield per hectare is quite high so it makes farmers earn good profit from this crop.

  • Red Chillies:

One of the most important spices in India is red chilli which is used for various cuisines like Indian curries, pakoras etc. It is considered to be one of the most profitable crops in India due to its high demand and price. In 2010-11, around 5 million tonnes were produced in India making it one of the major crops grown in India. It is grown mostly during rainy seasons as it requires wet conditions to grow properly.

  • Maize

Maize is one of the top five most profitable crops in India. It is mostly found in North Eastern states and Southern states of India. It provides two times better income as compared to other crops that are grown in same season. Farmers prefer growing maize because it gives high returns even when it comes to small land holdings. It requires shorter time to grow than other Kharif crops like paddy, jowar and bajra.

  • Soyabean 

This is another important pulse crop which is grown as intercrop along with other crops as well as on its own. It should be sown during winter or rainy season. A good rotation of soyabean with wheat or maize will give better results for the farmer and a better yield for the soil.

 

Depending on which state you reside in and where you want to start your business you can start with any of these crops and start seeing wonderful and positive results in your electronic credit ledger in gst framework. Hence don’t wait pick a crop and start reaping the profits. Visit this page for more info

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