Techno-economic Efficiency of Micropropagated Industrially Important Crop Plants Heeng, Monk Fruit and Bamboo

Adoption of new crops in any region requires consumer-preferred quality planting material available to distribute in different societies and farmers which are suitable according to their agronomic preferences. Identification of suitable climatic conditions and quality planting material are most important steps towards successful introduction and commercialization of economically important crops. Plant micropropagation has commercialized globally by researchers and industrialists to produce high-quality and virus free planting material in large quantities. Himachal Pradesh has diversified climatic conditions and low labor cost suitable for commercial cultivation of heeng, monk fruit and bamboo species. Mass-scale micropropagation of these species can make this state role model in this area due to its high potential to enhance resources for income generation and employment opportunities. In current article, we have quantified the factors affecting commercial micropropagation and analyzed the economics of in vitro production of heeng, monk fruit and bamboo species. Capital budgeting, business analytics tools were applied for thorough calculation of fixed and variable costs on investment. Different formulas were applied to check the commercial viability to indicate that these economically important crops will open unique perspectives for farmers and agripreners promoting livelihood promotion and as a positive approach towards “self-reliant India”. Moreover, cost effectiveness, while maintaining reproducibility and high quality will offer high-throughput functional and structural design to offer technical limits to achieve profitability in these crops.