Does agarwood grow in India?

Does agarwood grow in India?

The agarwood tree is native to Northeast India, Bangladesh, Bhutan and parts of Southeast Asia. It is an evergreen tree that can grow to 40 metres. “Because it is an economically attractive species, so there is over exploitation,” Purabi Saikia, a researcher at Central University of Jharkhand said.

Can you invest in agarwood?

Your investment will directly cause the plantation of new trees! Because it is an affordable investment! Agarwood is the ideal investment opportunity in everybody’s reach. Returns are usually paid out after 7 years and right now, average returns are 157% over these 7 years.

How much does agarwood cost in India?

The valuation of Agarwood is approximate Rs 5-6 lakh per kg, in India. In the international market, the price goes up by 2-3 times depending on the market.

Where can you find Gyrinops walla tree in India?

Gyrinops walla is found in wet zone of Sri Lanka and very rarely in southwest India. It uses as agarwood and agarwood resin. The tree has commercial value that resulted to smuggling. In Sri Lanka, it is known as “Walla patta”.

Why is Walla Patta known as Gyrinops walla?

Walla patta, scientifically known as Gyrinops walla was a tree which had no commercial value a few years back suddenly came under the spot light in Sri Lanka due to frequent effort on smuggling out of the country.

Which is the best name for a Gyrinops?

The main species are scientifically known as Aquilaira, Gyrinops, Aetoxylon and Gonystylus. Among those four genera, the first two are the most popular ones in the market.

Is the Walla Patta endemic to Sri Lanka?

However, none of the species of the Aquilaria genus has been recorded in Sri Lanka. Walla patta is the only member present in Sri Lanka of the genus Gyrinops. There are strong reasons to believe that Walla patta is endemic to Sri Lanka, mainly because evidences are not available on its presence of other countries.