Sandalwood is used extensively in many nations across the world. Excessive deforestation and environmental protection have resulted in a significant reduction in the global supply. Once upon a time, India was one of the world’s largest Sandalwood suppliers has now banned all exports. As a result of the lack of Sandalwood suppliers, the international price has surged.
The International market was huge. Therefore, now is a fantastic time to invest in sandalwood plantations. Sandalwood has a lot of advantages for investors. After 15 years of harvesting, an investment in Sandalwood yields a good return. Every year, the Sandalwood tree’s heartwood increases by 1 kg. It’s the world’s only wood, sold by weight.