Medak Farmer Makes Rs. 1.84 Crore Fortune from Tomato Cultivation
Medak, July 21, 2023 – In a remarkable success story, Mahipal Reddy, a farmer from Mohammednagar village in Medak district, Telangana, has achieved millionaire status through his tomato cultivation endeavors. Cultivating tomatoes in 12 acres of land, Reddy’s innovative approach and commitment to modern farming methods have propelled him to immense prosperity.
With the tomato prices soaring to Rs. 150 per unit, farmers in neighboring Maharashtra saw newfound wealth. Inspired by this, Mahipal Reddy, hailing from Banswada, decided to focus on vegetable crops instead of traditional crops. Implementing the canopy system and employing drip irrigation techniques, he optimized the cultivation process, resulting in high yields and premium-quality vegetables that commanded excellent prices in the market.
During the summer season, recognizing the heightened demand for vegetables, Reddy wisely chose to cultivate capsicum in 12 acres during April and May. Simultaneously, he ventured into tomato cultivation in another 12 acres, employing his successful farming methods. The superior quality of the tomatoes grown by Reddy surpassed those imported from other states, and he quickly gained popularity among buyers.
Determined to make the most of this opportunity, Mahipal Reddy diligently transported his tomato crops to markets in Boin Pally, Shahpur Nagar, and Patancheru in Hyderabad. At the farm, the tomatoes were carefully graded and packed by laborers, ensuring their preservation during transit. Selling an impressive 250 boxes of tomatoes per day, he managed to sell a staggering 8,000 boxes in just one month. Each box fetched an average price of Rs. 2,300, leading to a remarkable total income of Rs. 1.84 crores.
Expressing his confidence in sustaining this profitable venture, Reddy remarked that he still expects to harvest more from the 8,000 boxes already sold. Despite potential fluctuations in tomato prices, he remains optimistic about future earnings, even aspiring to continue expanding his tomato cultivation.
“12 acres of tomato cultivation…can’t imagine this much profit,” Reddy said. He pointed out that tomato cultivation is relatively scarce in Telangana, leading to the importation of Bengaluru tomatoes from neighboring Karnataka. Seeking to address this supply gap, he took the bold step of dedicating 12 acres to tomato farming, investing approximately Rs. 2 lakhs per acre in the process. With excellent yields and an unexpected surge in tomato prices, Reddy’s foresight paid off handsomely, securing his position as a successful tomato millionaire.
This remarkable success story serves as an inspiration to farmers in the region, showcasing the potential for substantial profits through innovative and strategic agricultural practices. Mahipal Reddy’s journey from a tomato cultivator to a millionaire farmer stands as a testament to the rewards of embracing modern farming techniques and seizing opportunities in the market.
Mahipal Reddy
