AGRI BUSINESS
“AGRI BUSINESS”
Agribusiness is a term which is broadly used in the context of businesses involving food production including farming and contract farming, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing and retail sales.
Importance of Agribusiness
Agribusiness are basically involved in certain kind of activities which are directly or indirectly serves the industrial sector of a country and their efforts leads towards those processes which ultimately helpful in reducing imbalance between supply and demand of the world’s country’s food shortage problems.
It is also helpful in making economy of any nation stronger and self dependent by inducing working activities in varied fields of agriculture like Food Crops, Seeds, Farm Machines & Equipments etc.
Corporate Farming is also a part of agribusiness in which agriculture can act like an industry of any nation and can produce various food crops, seeds or farm machines and equipments etc for the other nations and hence it will in return generate revenue for the host country.
In this way any business which is related directly or indirectly with the agriculture inputs are known as agribusiness and with reference to any kind of business, this business is capable enough to generate lot of resources and revenues for any nation.
Agriculture sector alone contributes towards 23 percent of India’s gross national product (GNP). It sustain the livelihood of nearly of nearly 70% of the population of India.
HORTICULTURE
India is enriched with a wide variety of Agro-climatic condition and that’s why able to grow several horticultural crops which are grown all over the world. In the past few years, horticulture sector has proved to be an engine of growth in agriculture for improving the productivity per unit area as a source of employment generation, improving the economic conditions of farmers and entrepreneurs and thereby enhancing exports.
At present, India ranks as the second
Agribusiness is a term which is broadly used in the context of businesses involving food production including farming and contract farming, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing and retail sales.
Importance of Agribusiness
Agribusiness are basically involved in certain kind of activities which are directly or indirectly serves the industrial sector of a country and their efforts leads towards those processes which ultimately helpful in reducing imbalance between supply and demand of the world’s country’s food shortage problems.
It is also helpful in making economy of any nation stronger and self dependent by inducing working activities in varied fields of agriculture like Food Crops, Seeds, Farm Machines & Equipments etc.
Corporate Farming is also a part of agribusiness in which agriculture can act like an industry of any nation and can produce various food crops, seeds or farm machines and equipments etc for the other nations and hence it will in return generate revenue for the host country.
In this way any business which is related directly or indirectly with the agriculture inputs are known as agribusiness and with reference to any kind of business, this business is capable enough to generate lot of resources and revenues for any nation.
Agriculture sector alone contributes towards 23 percent of India’s gross national product (GNP). It sustain the livelihood of nearly of nearly 70% of the population of India.
HORTICULTURE
India is enriched with a wide variety of Agro-climatic condition and that’s why able to grow several horticultural crops which are grown all over the world. In the past few years, horticulture sector has proved to be an engine of growth in agriculture for improving the productivity per unit area as a source of employment generation, improving the economic conditions of farmers and entrepreneurs and thereby enhancing exports.
At present, India ranks as the second
References: 1) Hegde D.M., “Need to develop varieties resistant to drought”, The Hindu 2011, Survey of Indian Agriculture 2010, Pg 34-36. 2) Singh K. Sanjay, “More Resources Allocation for Research Necessary”, The Hindu 2011, Survey of Indian Agriculture 2010, Pg 40-43. 3) Soundararajan. B, “From a minor enterprise to a formidable agribusiness”, The Hindu 2011, Survey of Indian Agriculture 2010, Pg 59-60. 4) Patil R.T., “Need for increased share in global trade”, The Hindu 2011, Survey of Indian Agriculture 2010, Pg 69-70. 5) RamaKrishna Y.S., “Management skills needed for cropping patterns”, The Hindu 2011, Survey of Indian Agriculture 2010, Pg 85-89 6) http://www.exed.hbs.edu/assets/faculty/Pages/rgoldberg.aspx (accessed on 16 Jan. 2011) 7) http://en.wikipedia.org/wiki/Agribusiness (accessed on 16 Jan. 2011) 8) http://www.technoserve.org/work-impact/sectors/agriculture-agribusiness.html (accessed on 16 Jan. 2011) 9) http://www.actahort.org/members/showpdf?booknrarnr=223_3 (accessed on 16 Jan. 2011) 10) http://www.ibef.org/economy/agriculture.aspx (accessed on 16 Jan. 2011)