The benefits of Agarwood cultivation are many:
Agarwood, till the time of its harvest, is a crop that doesn’t burden the planter, or demand any kind of special care. The cost of growing the tree, right from its planting stage, is about Rs 500, while the average inoculation cost may be around Rs 2,000. Assuming the sales price to be about Rs 12,500 for all the grades, the net profit would be around Rs 10,000 per tree, which is better than the income from any other crop currently cultivated in the region. Further, Agarwood is a crop that is also good in terms of value; it is a crop that guarantees a good future to the farming community.
Agarwood is a crop which can create many job opportunities, right from its planting stage to inoculation to processing and sales. While the planting and maintenance of the crop requires people, so also field inspection and related programmes; artificial inoculation is technical work, and on an average, inoculation of a single tree may require half a day; harvesting, transportation, and segregating the wood to various grades will involve another half a day per tree; carving the chips is a highly labour-intensive job; further, processing the wood into oil will require a team of employees. By creating jobs, Vanadurgi is contributing to the social and economic development of society.