Q. In India which spice is the most profitable?
Answer
Turmeric is the most profitable. In the financial year 2016-17 India exported 1 16 500 tonnes of turmeric valued at Rs. 124189 lakhs. The United States Malaysia and the United Arab Emirates are among the largest exporters of this spice. Turmeric is a popular spice in India and it is one of the most often used spices there. Once you have established a solid side company you may expect a $2 profit margin.
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