The tree forms a well-developed root system and dense evergreen canopy that efficiently checks soil erosion, supports soil microbial life, and improves groundwater position. Besides converting solar energy into biochemical energy yearround, it checks overheating of the soil surface, particularly during summer. Large-scale planting in wastelands facilitates wasteland reclamation, converts the accumulated atmospheric carbon dioxide into oxygen, and contributes to the reduction of greenhouse effect or global warming.

                      Though there is some research claiming that  is effective for treating certain diseases, there seems to be insufficient evidence of curing diarrhea, malaria, edema, fever, and stomach upset. Known in India as Lakshmi Taru, the extracts from parts of the tree have been claimed to possess potent anticancer properties. However, to date, no systematic research using phytochemicals isolated from Laksmi taru has been carried out to explore the molecular mechanisms leading to cancer cell death.