Agribusiness Agribusiness is the sum of all operations involved in the manufacture and distribution of farm supplies, production activities on the farm and the storage, processing and distribution of farm commodities and items made from them.
Agribusiness - Objectives Commercialization of Agriculture Increase productivity Use of modern technologies Reducing cost of production Value addition Export agriculture Higher farm income
Better Agribusiness-Needs Co-operative farming (AMUL) Contract farming (ITC) Precision farming (Dharmapuri / Krishnagiri) Farm Mechanisation Domestic and export market information centers Crop federations / Growers organizations. Credit delivery at lower interest rates. Establishment of agri export zones and Markets Establishment of agro based industries and modern cold storage, ware houses Export management through E-commerces / E-trading
Perceived BenefitsFarmers Assured employment Buyback arrangements Bonus at the end Extension services
DisadvantagesFarmers Ownership of land Foreign technology Officers domination Dependency of crops
General Impact Efficient Use of Resources Improved Technology Improved Knowledge & Skill Farmers’ Income Stabilized High Value Crops Grown Gherkin, Baby corn, Capsicum Appreciation of Land value Large-scale Adoption
Observations No Tree Cover Mixed Farming -? Society Meetings -Less Govt. Signed with Company Heavy Subsidy Component
Super Spinning Mills,Coimbatore, T.Nadu It gives necessary inputs and training to the farmers in cotton cultivation This firm procures cotton from the growers
Rasi SeedsAttur, T.Nadu The firm identifies seed growers for cotton and supplies the required inputs apart from technical services. At the end of the season the seeds are procured at agreed rates.
Indian Tropical Agro ProductsTuticorin, T.Nadu This firm deals about ghergin. It identifies the farmers and gives necessary inputs like seeds, fertilizers and technical services. It procures ghergin at the farm level in the agreed price with quality specifications.
Suguna PoultryUdumalpet, T.Nadu The firm identifies the poultry growers and gives chicks, feeds It procures broilers from at agreed rates from the poultry growers
ABT DairyPollachi, T.Nadu Potential farmers were identified and given 4-5 milch animals (Mini dairy) The firm gives technical inputs and services The firm procures milk from the milk producers.