Though UP does not have a natural variety of teak, as most of it is plantation, UP forest corporation officials peg the market price of a full-grown teak tree (yielding around 10 to 12 cubic feet of timber) to be around Rs 1.5 lakh.
Do we need permission to cut teak tree?
But you may wonder if it is required to take permission to cut down a tree in your premises. The answer is ‘yes’, because, according to this Act, the penalty for cutting down a tree is Rs. 10,000 or 3 months imprisonment.
Is growing teak profitable?
Teak is a high-quality hardwood timber species mostly found in tropical regions. This is one of the most valuable and high-priced timber crops in India. A teak plantation is a profitable crop with the government giving subsidies for its promotion.
Can we grow agarwood in Karnataka?
Now, there are more than 1500 farmers growing this tree and this has been proved as a new milestone in the area of horticulture in Uttara Kannada district. Agar wood (gaharu, aloe wood) is formed in a tropical evergreen tree called Agar tree (Aquilaria species) which is believed to have originated from Assam, India.
Which tree is costly?
The most expensive wood in the world could be sandalwood tree. The highest quality sandalwood variety can fetch a price of up to Rs 10,000 per kg.
Which tree plantation is most profitable?
Most Profitable Plants to Grow
- Saagwan. These species of plant are getting extinct as they have been in cutting and destruction since long for its advantageous products.
- Eucalyptus. Nilgiri or Eucalyptus is a huge tree which is quite long and have 600 species found all over country.
- Pitch.
Is growing teak legal?
There are no special law refraining you from purchasing land and planting teaks or for that matter any trees which are not banned by LAW. In Karnataka Eucalyptus and Acacia are banned in some form.
How many teak plants can I plant per acre?
You can accommodate 500 teak plants in one acre. you can expect 10 to 15 cubic feet wood from one teak tree.
Are there any teak tree plantations in India?
Since 1991, plantation companies in India have been promoting schemes offering investors teak trees at a nominal cost with an expectation of spectacular returns after as little as 20 years. Such tree plantations could certainly contribute to the supply of timber and other tree products and could help to increase tree cover in the country.
What’s the average age of a teak plantation?
The rotation age of plantation teak in its natural range has varied between 50-90 years while outside its range it is between 40-60 years. Assuming 50 years as an average age of harvest, the MAI at 50 years and at the culmination age of maximum volume production derived from the various yield tables are given in the following table for comparison.
How does seed supply affect a teak plantation?
Seed supply is a factor limiting planting scale and the quality of the plantation, especially so in countries where teak is an exotic. Seed requirement in various plantation options is tabulated and the effect of seed sources (provenances) and improved seed on growth and quality of plantations is demonstrated.
Why is teak the most valued wood in India?
Private investment in teak plantations has arisen as a response to the growing demand for housing- and furniture-grade timbers, of which teak is the most valued. India is one of the largest producers of teak in the world, but the supply does not meet national demand.
