Red sandalwood, also known as P. santalinus, is a native species unique to India and is restricted to the southern Eastern Ghats (Andra Pardesh). It is a small tree with a dark greyish bark that can reach a height of 5-8 meters. Both domestically and abroad, but especially in East Asian nations, timber is in high demand. Timber from red sandalwood is used to make poles, furniture, sculptures, and house posts. For its acoustic qualities, the rare "wavy" grain variety is highly prized in Japan and is used to create musical instruments. Additionally, the timber is used to extract santalin, a red pigment used in food colouring and dyeing, as well as for the production of cosmetics and pharmaceuticals. It is listed as "endangered" on the IUCN Red List.
You cannot, however, grow these trees independently, and you need permission from the state government to cut and sell the wood. Since sandalwood is more valuable than other types of wood, the entire tree, rather than just the portion closest to the ground, is chopped down to harvest sandalwood. It typically takes the tree 10 to 15 years to reach commercial size. The smugglers are pursuing the trees at a rate that is faster than their rate of regrowth, causing them to reach extension. One of the reasons their prices are skyrocketing in the global market is strong demand and illegal sales. However, it is legally possible to grow, cut, and sell sandalwood at a high profit by following government rules and norms. If you are looking to be part of the legal planting, cultivating, and selling of sandalwood, it is better to invest in Sai Properties and Projects Red Sandal project.