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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.
Context
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%.
What changed
A Nagpur couple, Akshay Holey and Divya Lohakare Holey, grow saffron indoors using aeroponics in a 400-square-foot room, after training in Kashmir.
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%.