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Opportunity available in Agri-business

Opportunity available in Agri-business. Dr. Ravikesh Srivastava IIM Lucknow. Welcome to All. If a free society cannot help the many who are poor, it cannot save the few who are rich. - J. F. Kennedy. Agri-Business. It is basically commercialization of agriculture

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Opportunity available in Agri-business

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  1. Opportunity available in Agri-business Dr. Ravikesh Srivastava IIM Lucknow Dr. Ravikesh IIML

  2. Welcome to All If a free society cannot help the many who are poor, it cannot save the few who are rich. - J. F. Kennedy Dr. Ravikesh IIML

  3. Agri-Business • It is basically commercialization of agriculture • It refers to market orientation of the agricultural production process. • Ensures optimum utilization of scarce resources (land /Time) • Provides raw material/food products at lowest cost • Creates farm surpluses for capital formation and consumer goods • Provides stable & diversified investment opportunities to banks Dr. Ravikesh IIML

  4. Ways for Agri-business • Forest • Horticulture • Agriculture • Marine • Animal • Development Projects Dr. Ravikesh IIML

  5. Some list of Firms/ Organization • Seed, buds & Plantation product manufacturer & Exporters • Tea and Coffee manufacturer & Exporter • Tobacco and Tobacco products manufacturer & Exporter • Marines Products’ Producers and Exporter • Fertilizers manufacturer and Exporter • Jute and Jute Products manufacturer & Exporter • Pesticides and Insecticides Producer and Exporter Dr. Ravikesh IIML

  6. Cont… • Ayurvedic & Herbal Products producer and Exporter • Edible Oil and Allied Products producers and Exporters • Milk and Dairy Products producers and Exporters • Agricultural Machinery and Equipments manufacturer • Indian Alcoholic & non Alcoholic beverage manufacturer • Indian Processed Food & Snacks manufacturer & Exporter Dr. Ravikesh IIML

  7. Cont… • Indian Spices and Derivatives manufacturer & Exporter • Indian flowers producers and manufacturer • Indian Fruits & Vegetables producers & manufacturer • Indian Food grain manufacturer and Exporter Dr. Ravikesh IIML

  8. Resource rich sub-sectors & Potential Fruits and Vegetables: tropical, sub-tropical and temperate like mango, banana, apple, chikoo and orange and Vegetables like potato, onion, tomato, cauliflower and cabbage. Grain Milling: Paddy, wheat, maize, barley, millets Animals and Poultry: Cattle, buffaloes, sheep and goat, pigs and poultry Fish Processing: Sea-food Dr. Ravikesh IIML

  9. Case-I : Fruit based Opportunity • Preservation in Brine • Canning • Dehydration, Sundrying • Block freezing • Individual quick freezing • Juice, Squash, Pulp • Concentrate Dr. Ravikesh IIML

  10. Fruit based Opportunity Cont… • Soft Drinks • Paste, Puree • Jam • Pickle and Chutney • Candies and bars • Freeze drying • Juice concentrate Dr. Ravikesh IIML

  11. Entrepreneur development Entrepreneur should have: • Need for Achievement-a strong desire to be a winner • Perseverance- quality of stick-to-it • Moderate Risk taker- prefer a middle of the road strategy • Ability to find and Explore Opportunity-alert to opportunity • Analytical Ability- unaffected by personal likes & dislikes while approaching problems • Using Feedback- to know how they are doing • Facing Uncertainty- tackling an unfamilier but interesting situation Dr. Ravikesh IIML

  12. Entrepreneur development Cont… Entrepreneur should have: • Independence-dislikes for working for others • Flexibility- flexible in their dicision • Planner- think ahead and plan for future • Interpersonal skills- comfortable while dealing with people at all levels • Motivator- can influence other • Stress taker-capable for working for long hours • Positive Self Concept- aware of themselves • Orientation to Future-tend to think ahead Dr. Ravikesh IIML

  13. Entrepreneur looks for • Resource-quantification • Resource-specifications • Resource Stability • Critical Infrastructure for Resource Utilization • Commodity/ Trading Dimension • Legal Dimension • Other considerations Dr. Ravikesh IIML

  14. From where will one pick up resource-based Ideas • Large growers or exploiters of resources • Resource-specific technical or promotional organisations • Relevant specialists in development banks and industry assisting organisation • Large traders in a given resource • Published technical/ commercial literature on the subject Dr. Ravikesh IIML

  15. Employment Estimates of Managers in Agribusiness * Managers from all Management Institute # from Premier Institute only Dr. Ravikesh IIML

  16. THANKS Looking for “JOB CREATER RATHER THAN JOB SEEKER” Dr. Ravikesh IIML

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