JOURNAL: Emerging Environment for Agribusiness and Agro-industry Development in India
Posted by Labels: Agribusiness, agro industries, CIS, food agriculture, Food Processing, food processing industries, Journal, journal of agricultureEconomic development of a country is accompanied by transformation of agricultural sector from a subsistence primary product oriented system to commercialized agriculture producing high value and processed products. With economic growth rate at 8-9% per annum Indian economy is moving ahead on the path to development.
Socio-economic environment is also undergoing a major change with higher incomes, increasing urbanization and increasing number of working women leading to high demand for processed foods. With high potential demand in domestic and export market this sector can contribute significantly to enhanced farm incomes and employment generation. On the supply side, as leading producer of many agricultural commodities, vast arable land and agro climatic diversity India has the potential to be the “food basket” of the world.
Socio-economic environment is also undergoing a major change with higher incomes, increasing urbanization and increasing number of working women leading to high demand for processed foods. With high potential demand in domestic and export market this sector can contribute significantly to enhanced farm incomes and employment generation. On the supply side, as leading producer of many agricultural commodities, vast arable land and agro climatic diversity India has the potential to be the “food basket” of the world.
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