AGRI START UP IN

By Aditi Agarwal
Abhijit Patil
Dhiraj Dhnade

INDIA
Manoj Jindam
Sagar Patil
Yashashri Phadtare
 INDEX

Sr. No. CONTENT

1. Introduction to the Agri Start up in India

2. Phases of Start up in India

3. Need of Agri Start up in India

4. Challenges and Opportunities

5. Government Policies

6. Awards

7. Conclusion of Agri Start up in India

INTRODUCTION AGRI START IN
INDIA
• Agriculture is the largest private sector
enterprise in India and millions of rural
families earn their livelihood from
agriculture.
• The sector contributes 18% of the GDP.
• At 157.35 million hectares, India
cultivates in the second largest
agricultural land in the world.
•With 20 agri-climatic regions, all 15 major
climates in the world exist in India.
• India is the largest producer of spices,
pulses, milk, tea, cashew, and jute; and
the second largest producer of wheat,
rice, fruits and vegetables, sugarcane,
cotton and oilseeds.
•Further, India is second in global production of fruits and vegetables, and is the
largest producer of mango and banana. It also has the highest productivity of
grapes in the world.
•Agriculture, has globally emerged as a big business having a significant social,
economic and global foot print.
•Indian agriculture has emerged from the confines of rural set up to an enormous
industry with market and price ramification so deep that it takes a while for an
ordinary mind to sink into the nuances of the operation of the system.
•Agricultural is so entwined with the economy of the world’s largest democracy,
that a small dip or rise in the sector has far reaching consequences-
economically and politically.
•India is among the 15 leading exporters of agricultural products in the world.
 INDIA’S TOP 10 AGRICULTURAL-BASED
INDUSTRIES
• Textile Industry
• Industry of Food Processing
•Industry of the Dairy
• Industry of Sugar
• Industry of Vegetable Oil
•Industry of Tea
• Industry of the Coffee
• Industry of Leather Goods
• Bamboo Industry
• The Jute Industries
 AGRO-BASED INDUSTRIES IN INDIA

• Rashtriya Chemicals &

Fertilizers Ltd.
•Rallis India Ltd.
•Bayer Crop Science Ltd.
•BASF India Ltd.
•UPL Ltd.
•Dhanuka Agritech Ltd.
•Kaveri Seeds
•Mosanto India Ltd.
 PHASES OF START UP IN
INDIA
Business Plan

Market Research and Competitors

Machinery and Equipment

Licenses and Permits

Financial Plan

Marketing and Promotion

1. Business Plan :- Business plans determine the types of business, size of the
agriculture business, requirements, market strategies, competition, fertilisers,
pesticides, location of the agriculture business, and potential target customers for the
business.
2. Market Research and Competitors :- Agriculture sectors have many variants that
you can produce. You can find the potential market that best suits your abilities and
skills.
3. Machinery and Equipment :- It is essential to make a budget for your machinery and
expenditure. It would allow you to focus on the important tools for the business.
4. Licenses and Permits :- The licenses required for an agriculture business include
company registration, AGMARK, food-based permits, trademarks for your business,
and other food-related licenses.
5. Financial Plan :- It is essential to contain your business costs and manage the
finances for the growth of the business. You can create a financial model to forecast
the business’s profits, revenues, and expenses.
6. Marketing and Promotion :- You can market with the help of social media platforms.
You can use the information to improve the quality of the product and to reach your
potential target market.
 NEED FOR AGRI START UP
Employment Opportunities
Transportation Facility
Health Facility
Education
Land Availability
Food safety and Security
Biodiversity conservation
 AGRI START UP
• Start up India is a Government of India
flagship initiative to build start ups and
nurture innovation.
•The Government plans to empower
start up ventures to boost
entrepreneurship, economic growth and
employment across India.
•The Government’s Action plan will help
accelerate the growth of start ups
through out India, across all important
sectors – in Tier 1,2 and 3 cities,
including semi-urban and rural areas –
and includes promoting
entrepreneurship among SCs/STs and
women communities.
• Start up India will help boost entrepreneurship and economic development – by ensuring
that people who have the potential to innovate and start their own business are
encouraged.
• The stand-up India portal provides a digital platform based on 3 pillars to support
enterprises promotion among entrepreneurs from SC, ST and women category through
Handholding support, Providing Information on Financing and Credit Guarantee.
• Pradhan Mantri MUDRA Yojana (PMMY) was a scheme launched for Providing loans upto
10Lakh to the non-corporate, non-farm small/micro enterprises.
•The Ministry of Agriculture and farmers welfare, Government of India, in
association with NABARD has launched a unique programme to take better
methods of farming to each and every farmer across the country.
• Committed to this programme, the Government is also providing start-up training to
graduated in Agriculture, or any subject allied to agriculture like Horticulture,
Sericulture, Veterinary Sciences, Forestry, Dairy, Poultry Farming, and Fisheries, etc.
CHALLENGES AND PROBLEMS IN
AGRI START-UP
1. Insufficient supply chain :- The availability of
resources like seeds, chemicals, and
distribution depends on the efficient supply
chain. So insufficient supply chain is a big
challenge for start-ups.
2. Middleman and agents :- The farmer needs
are guarded by a middleman who owns the
fragmented supply. Organized retailers are
estimated to get 20% of their produce directly
from farmers and produce get from mandis.
However, mandis are not an ideal market for
framers; traders require a license to operate in
mandi.
3. Lack of financing :- Domestic subsidies and
investment in policies hardly ever reach the
farmers-end user.
 4.Inadequate irrigation :- Most of the region in India still depends on rainfall for
water. Secondly groundwater level is going down from the 1000 feet averages
depth per year.
5.Farm size vs Productivity :- Indian Farms are uneven and small as 70% of farms
have less than 1 hectare consequential in notably low farm yields.
6.Rigid old models :- As the previous models are too rigid, it is not easy to break and
generate new business. That is the big reason for the rejection of funding for agri
start-ups has been the business model.
7. Lack of subject matter experts or mentors :- The problem is that not many
experts are available in this space. There is a requirement for educational support
for the upcoming generation in the field.
8. Climate change :- It is a crucial factor that harms the agricultural sector. The
agricultural sector is susceptible to changing weather and climatic condition. So
there should be a quick adoption of technology to bear these unavoidable change.
OPPORTUNITIES FOR AGRI-
TECH
1. Resource maximization :- Reduction in the usage of water, fertilizer,
pesticide and other resources in agriculture is a great business
opportunity as 80% of the freshwater is used in agricultural.
2. Processing and export :- India food processing industry is one of the
largest industries in the country. It ranks 5th in terms of production,
consumption and export. Flowing and traceability can improve farmer
income and export.
3. Streamlining supply chain :- There are Rs 92,651/- crore losses in
post-harvest per year to Indian farmers. Increasing the demand for
cold chains, warehouses, and significant supply chains can increase
the farmer’s income.
4. IOT for farmers :- Smart farming in agricultural business, including
concept like data collection, high-precision crop control, and automated
farming techniques will remove inadequacies and strengthen output.
Information on crop yields, rainfall patterns, pest infestation and soil
nutrition, can be used to advance farming techniques over time.
5. Employment rationalization :- As 50% of people are engaged in India’s
agricultural sector, they still contribute only 16% to GDP. As a result, it
allows farm mechanization and collection will rationalize and beneficially
reallocate the workforce.
6. Fintech for Farmers :- As the farm income is mostly in cash, it will be an
opportunity for Fintech start-ups to digitize payments for farmers through
payment gateways linked to their accounts.
GOVERNMENT POLICIES
•The Government of India encourages
farmers in taking up projects in select
areas by subsidizing a portion of the
total project cost.
•All these projects aim at enhancing
capital investment, sustained income
flow and employment areas of
national importance.
•NABARD has been a proud channel
partner of the government in some of
these schemes shown in some of the
section, subsidy as and when
received from the concerned Ministry
is passed onto the financing banks.
 GOVERNMENT SPONSORED
SCHEMES
•New Agricultural Marketing Infrastructure (AMI) sub scheme of ISAM.
•Agri clinics and Agri Business Centres scheme (ACABC)
•National Livestock mission- Entrepreneurship Development Employment Generation
(NLM-EDG)
•Dairy Entrepreneurship Development Scheme (DEDS)
•Commercial Production Units of Organic Inputs - National Project on Organic Farming
(NPOF)
•GSS – Ensuring End Use of Subsidy Released
•Interest subvention scheme
•Capital Investment Subsidy Scheme for Commercial Production Units for
Organic/Biological Inputs.
•Formulation of special Long Term Refinance Schemes.
 RECENT REFORMS BY
GOVERNMENT
•The India Government has brought in new reforms to increase efficiency of
in new reforms to increase efficiency of agricultural production and
contribution to GDP; to protect farmers income and double it by 2022; to
ensure national food safety and security; and to increase export of
Agricultural Commodities.
•The there important legislations are as follows:-
1. Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act,
2020
2. Farmers (Empowerment and protection) Agreement on Price Assurance
and Farm Services Act, 2020
3. Amendment to Essential Commodities Act, 2020
4. Government Scheme to promote use of Technology and Innovation.
• Some of the key programs are as
follows :-
1.Funding through incubation
program.
2.AgriTech Start-up Accelerator
program.
3.Krishi Vikas – search for Agri
Innovations.
4.RKVY – RAFTAAR – Rashtriya
Krishi Vikas Yojana.
 FICCI AGRI START-UP
AWARDS 2022
THE WINNERS’ LIST
•Best Agri Start-up Sustainable
Agriculture:- Marut Dronetech Private
Ltd
•Best Women Agritech Entrepreneurs:-
Urban Monk Private Limited
•Best Agri Start-up in Application of
Digital Technologies:- GrainAnalyser
•Most Innovative Agritech Award:-
Farmers Fresh Zone Private Limited
•Best Agri Start-up Industry
Partnership:- Maalexi Private Limited
•Best Agri Start-up in Millets:- Sakala
Nutrition Private Limited.
MANAGE SAMUNNATI AGRI-STARTUP
AWARDS 2022 CELEBRATED AGRI
STARTUPS SERVING THE FARMING
COMMUNITY
List of Winners – National level (Name
of the Start-ups)
1. Oorja Development Solution India
Private Limited
2. Agrograde
3. Nimble Growth Organics

Women Category (Name of the start-

up)
1. BioPrime Agri Solutions Pvt Ltd
2. EETA6
KissanPro won the “Agritech
start-up for Industry parternship”
award in the 5th edition of the
prestigious FICCI Summit and
Awards for Agri Startups, Award
ceremony was held in Federation
house, new Delhi and award
winners were felicitated by
Kailash Choudhary the Minister
of State, Agriculture and Farmer
Welfare, along with various
FICCI, Govt and Industry
delegates.
 CONCLUSION
•By increasing agricultural productivity, the country’s GDP increases.
• Agricultural industries solely use indigenous raw materials and technical skills
and generally do not reply on imports. Thus, they help in conserving foreign
exchange.
• Agritech industries absorb surplus labour in agriculture, leading to creation of
employment opportunities.
• Agro-based industries tend to develop rural areas, where majority of the
country’s population lives.
• Agricultural industries are located near the source of raw material. As a result,
transportation costs and thus, the production costs are reduced, resulting in
profitability for agro-based industries as well as the farmers from whom they
source the raw materials.
•Agribusiness Centres would provide paid services for enhancement of
agricultural production and income of farmers.