Project Report For Mahogany Tree Farming

Introduction

Project report for Mahogany Tree Farming is as follows.

Mahogany wood does not spoil or decay for more than 100 years, it is utilised in critical fields. It is in high demand on the national and worldwide markets since it is used to make ship components, furniture for bars, gun buts, toys, and musical instruments, and you can readily find mahogany wood furniture at 5-star hotels, such as a mahogany wood couch set.

It is widely utilised in the pharmaceutical industry for the production of different medications such as sugar, bp, and so on. It is also essential in the Ayurvedic section. It is also used to make mosquito kits, which are intended to get rid of mosquitos.

Mahogany is one of the most commonly utilised trees in the production of musical instruments. Mahogany is the most commonly used tonewood in guitar construction. Because of its low weight, mahogany wood is used for musical instruments such as veenas and guitars. It is also highly bright by nature, which attracts buyers. In India, mahogany trees are used to make musical instruments such as veenas and guitars, as well as ship deck components, boats, cannon butts, and furniture.

Market potential & Strategy

When it comes to teak wood or mahogany wood furniture in India, mahogany wood is favoured for its superior characteristics. It is determined by the cubic feet of the tree, and the price of a mahogany tree after 15 years may rise abruptly, similar to the price of bitcoin. Mahogany tree selling prices in India may range between Rs 15 and Rs 30 thousand, while mahogany wood prices in India after 15 years may range between Rs 25 and Rs 50 thousand per tree. There is now no particular subsidy on mahogany trees, although this may change in the future. When people inquire whether the mahogany tree is legal or not, we tell them that it is not illegal in India, but it does require a government licence to cultivate.

Before selling, one should examine the current mahogany tree price in India and not sell mahogany wood based on weight, as the weight of a mahogany tree is quite light. It is also measured in cubic feet. The price of mahogany tree wood in India is determined by the cubic feet of the tree, and the price per cubic foot of rosewood tree increases year after year. As a result, the wood from a 10-year-old mahogany tree will be more expensive than wood from a 1- or 5-year-old mahogany tree.

Sample Report

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