As per the instruction of KS Srinivasa Raju, TTD Joint Executive Officer, the hairs were segregated into varieties depending on the length and put up for e-auction, out of which 89,413 tonnes went for bidding.
The bidding fetched the TTD an astounding amount of Rs 2.11 lakh.
The hair varying between 16 to 30 inches put up for e-auction fetched the TTD an amount of Rs 53.54 cr at a bidding price of Rs 18,700 per kilo, while the hair varying between 10 to 15 inches earned a remarkable profit of Rs 6.18 cr.
The variety of hair ranging from 5 to 9 inches in size fetched Rs 93.57 lakh.
The last variety of hair, which is less than 5 cm in size fetched Rs 40 lakh to the TTD, while, the grey hair fetched them Rs 65.18 lakh.