Mangaluru: 10th-grade dropout finds success in agriculture, becomes millionaire


Daijiworld Media Network – Mangaluru (MS)

Mangaluru, Oct 28: Lohit Shetty, a native of Dakshina Kannada, has proven that formal education isn’t the only path to success. Due to financial challenges, he discontinued his studies in 10th grade and turned to agriculture, cultivating exotic fruits like rambutan, dragon fruit, and mangosteen, eventually becoming a millionaire.

Initially, Lohit cultivated rubber and arecanut, but he found them costly to maintain. After researching more profitable crops, he sourced rambutan and mangosteen plants from Kerala and planted them on his family’s land in Dakshina Kannada.

Growing up watching his father and uncle work on their 21-acre land, Lohit decided to drop out in 10th grade and took on jobs in shops and restaurants. However, a friend recommended him to agriculture in Dharmasthala, leading to his new path.

Over the last eight years, Lohit has profited greatly from cultivating unique fruits. Today, he owns a farmhouse and a nursery, supporting others in starting their own businesses.

In 2016, he returned to Dakshina Kannada, leased 20 acres, and combined it with his family’s 21 acres to farm on a large scale. He now earns a profit of Rs 1 crore annually.

“We rear plants for three years, and once they start yielding, they are handed over to the owners, supporting other farmers in the process,” Lohit explained. “Currently, we cultivate rambutan on 12 acres, maintain 500 dragon fruit plants, and grow mangosteen in our arecanut farm. Rambutan sells for Rs 180 to 300 per kg, mangosteen for Rs 350 to 750, and dragon fruit for Rs 100 to 150.”

 

 

 

  

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Comment on this article

  • Bharathraj, Udupi

    Tue, Oct 29 2024

    And they are still not taxed but a person earning 7 lakh annually is taxed. Modern farmers are rich and it is a business for them.

    DisAgree [1] Agree [2] Reply Report Abuse

  • Suman, Bengaluru

    Tue, Oct 29 2024

    Good to know that he is earning 1cr annually, but we educated even earning 10lacs annually we have to pay taxes.

    DisAgree [1] Agree Reply Report Abuse

  • Akash, Mangalore

    Mon, Oct 28 2024

    Luckily Lohith Shetty got inspired by his hardworking father who taught him to embrace nature and adopt agriculture. We see some misguided youths choosing to smuggle drugs, stealing someone else's cows, murders, kidnapping girls what not. Good parents rise good kids...

    DisAgree Agree [8] Reply Report Abuse

  • Rita, Germany

    Mon, Oct 28 2024

    Very good Lohit.congratulate you for your efforts and hard work.Higher education is not a must for everything,so long one want to work hard and efficient ,thinking bit further.There are many examples for this.Sitting and drinking chai will not bring one further.

    DisAgree [1] Agree [6] Reply Report Abuse

  • Haneef, Mangalore

    Mon, Oct 28 2024

    More and more positive news like this can save the future generations. Media should not highlight negative news only encourages criminal minds.

    DisAgree Agree [6] Reply Report Abuse

  • Flavian, Mangalore/Kuwait

    Mon, Oct 28 2024

    "3 cents of land at hampankatta."😕 Even Three cents enough to raise vertical building of 2-4 stories and you can rent out keeping the ground floor for you. (shop) If you want to dispose, what is your offer price ?

    DisAgree [6] Agree [10] Reply Report Abuse

  • HENRY MISQUITH, India

    Mon, Oct 28 2024

    If a person tries, they can become like Lohit Shetty. For that, effort and self-confidence are necessary. No one can become a millionaire by sitting idle; passion and hard work like Lohit’s are essential.”

    DisAgree [6] Agree [44] Reply Report Abuse

  • John, Belman

    Mon, Oct 28 2024

    Kalas. Im gonna grow rambutan on my 3 cents of land at hampankatta.

    DisAgree [27] Agree [22] Reply Report Abuse

  • Anand, Mangalore

    Mon, Oct 28 2024

    Better sell chai on the 3 cents of land in hampankatta.. u can make pakodas and samosas too if u want to upsell... since u dont have to pay rent to anyone, your margins will be high. You can sit and gossip too... if it rains , u will have higher business ..pakodas and chai go hand in hand..

    DisAgree Agree [21] Reply Report Abuse

  • Shoun, Mangalore

    Mon, Oct 28 2024

    Great Work people should know that there is more then just Education , if people like Lohit did something like this its a impression for the up coming youth .

    DisAgree [5] Agree [46] Reply Report Abuse


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