Farmer's Startup Success: Millions Earned Annually from Rose Gulkand Production

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Farmer Ankit Parihar Turns Roses into 'IG Gulkand' Empire, Earns Lakhs Monthly

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News18•08-03-2026, 06:40

Farmer Ankit Parihar Turns Roses into 'IG Gulkand' Empire, Earns Lakhs Monthly

•Ankit Parihar, a farmer from Khargone's Nandia village, transformed rose cultivation into a successful gulkand processing startup.
•He launched 'IG Gulkand' with an initial investment of 5 lakh rupees, processing Ajmeri roses grown on his farm.
•Availed PMFME Scheme benefits, securing a 4.46 lakh loan from HDFC Bank and a 1.73 lakh subsidy for his unit.
•His venture produces 12 tons of gulkand monthly, generating 7.20 lakh market value and 80,000 net profit.
•'IG Gulkand' supplies to Nimar, Rajasthan, and Maharashtra, also employing 12 villagers and supporting local farmers.

Read Full Article on News18 in Hindi

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