StockDuty ← Dashboard Nov 11, 2026 10:04 AM ET
SignalCorporate

NAGPUR COUPLE CULTIVATES SAFFRON IN INDOOR FACILITY ; GENERATES ₹40 - 50 LAKH IN ANNUAL REVENUE | DETAILS

Indoor saffron cultivation generating ₹40–50 lakh annual revenue signals scalable agri-innovation.

What happened: A Nagpur couple, Akshay Holey and Divya Lohakare Holey, grow saffron indoors using aeroponics in a 400-square-foot room, after training in Kashmir. Key numbers: Annual revenue of ₹40 lakh to ₹50 lakh from 2023 to 2025. Initial investment around ₹55 lakh. Nearly ₹1.3 crore in earnings over five years. Why it matters: The venture shows saffron can be cultivated outside Kashmir's cold climate through controlled indoor conditions. Akshay estimates a 100-square-foot unit can be set up for about ₹10 lakh and offer profit margins of around 80%.
A Nagpur couple, Akshay Holey and Divya Lohakare Holey, grow saffron indoors using aeroponics in a 400-square-foot room, after training in Kashmir.
The venture shows saffron can be cultivated outside Kashmir's cold climate through controlled indoor conditions. Akshay estimates a 100-square-foot unit can be set up for about ₹10 lakh and offer profit margins of around 80%.
Sources