Agribusiness
Agribusiness
CONSILIUM ARTICLE
Introduction
Agriculture has traditionally been the
main contribution to the Indian
economy, employing the majority of
the workers and accounting for over
35% of India's GDP. Despite global
prominence for its industrial and
service sectors, agriculture and allied
enterprises play an essential role in
the Indian economy's growth.
agribusiness is a broad phrase that
encompasses all of the enterprises
engaged in food production and
delivery. Farming, seed and agri-
chemical supplies, agricultural
India has failed to continue the growth momentum which was machinery and equipment, wholesale
generated during the Green Revolution. There is a pressing need and distribution, food storage and
to focus on Agriculture and develop Agribusiness. Agriculture processing, marketing, and agri-
output in India is hampered by small and fragmented land holdings, finance are all part of the industry.
uncertainty of monsoon and lack of irrigation facilities, poor quality
seeds and fertilizers, lack of mechanization and technology, and
inefficient supply chain and logistics facilities.