Introduction To AGRI Entrepreneurship
Introduction To AGRI Entrepreneurship
AGRI
Entrepreneurship
SUBMITTED
BY K R I S H N A WA G H
NANDANA NAIR
Entrepreneurship refers to the ability to take big risks to make profit, to succeed, to manage, and
organize a new business.
Entrepreneurship development results in
empoyement
Generate income
Reduce poverty
Improve nutrition, health and overall food security in the national economy
Agribusiness
Refers to marketing and manufacturing of various agricultural products and production inputs.
Farmers must work not as a group but as joint stock company
Concept of agribusiness:
Support farmers or group of farmers
Support agricultural industry by improving production mrethods
Improve the use of technology
Providing environment and market information
Business improved by involving the socio-technical network of Agriculture in the process
Entrepreneurship
Defined as a process by which an agent manages to visualize and implement an idea, belief,
service, product or activity.
Results in:
Employment
Competitiveness
Ability to exploit any sector or business
It is a viable approach to upward mobility
Leads to creation of assets
Agri- Entrepreneurship
Need and Importance
Agriculture sector is relatively more effective than any other sector in reducing poverty.
Entrepreneurship in agriculture is the formation of new type pf economic organization to grow
under conditions of risk and uncertainty in agriculture.
Importance in the country’s economy:
Helps smallholders achieve productivity and connect them to local, national and international
markets
Reduce food cost and provide a quality diet to the rural and urban poor
Accelerates growth, diversifies income and develops business opportunities in rural and urban
areas
Entrepreneurial
Entrepreneurial Qualities competencies
Confident, creative, Initiative, ambition,problem
Determined, Innovative, solving, critical thinking,taking risk,
competitive, High Energy, flexible and adaptable,networking,
interpersonal skills
Positive, Motivated,
Goal-driven
Qualities and
competencies
Managerial
competencies Technical competencies
Diagnosing, planning, Managing inputs, managing
organizing, controlling, production, managing marketing
evaluating, leading
Organizing Creative and
and imaginative Flexible and
management adaptable
skill
Aptitude to
Visionary
learn
Honest Innovative
Characteristics
Confident of AGRI- Determined
and leader
ENTRPRENEU to take risk
R
Strategy Goal
competency oriented
Proactive in
opportunity Experienced
finding
Problem
Hard work
solver
Dynamic
Opportunities for business in
Agriculture
•Agricultural product processing units
•Agricultural product manufacturing units
•Agricultural input production and marketing units
•Agricultural service centres
Case study:
Background
• Chandranna is a small farmer from Tumkurlahalli, a village in Molakalmuru Taluk, Chitradurga District.
• The village has poor agricultural conditions: shallow red sandy soils, low rainfall (less than 500 mm annually),
and declining crop yields due to monocropping (mainly groundnut).
• Majority of farmers depend on wage labor and agriculture, with frequent migration of men for work.
Chandranna’s Journey
• Came from a poor farming family and inherited 3 acres of dryland (1 acre was uncultivable wasteland).
• Joined a Self-Help Group (SHG) under the Karnataka Watershed Development (KAWAD) project, but the first
SHG failed.
• Reorganized the group into ‘Shri Bedara Kannappa SHG’ with 15 members and became responsible for
records.
Turning Point – Introduction to Vermicomposting
•Attended nursery-raising training at BAIF Institute of Rural Development (BIRD-K), where he became interested in
vermicomposting.
•Initially experimented with earthworms in coconut shells, which failed.
•Built four vermicomposting pits in 2003 under the KAWAD project and bought 2 kg of earthworms for Rs. 300.
•First success: Produced 20 quintals (q.) of vermicompost, applied it to ragi crop, and got 14 q. yield.
Service Providers
Producers of Inputs
Employment
Opportunities:
Growth in marketing,
transportation, cold
storage, credit, insurance,
and logistics sectors.
Barriers to Agri-
Entrepreneurship Development
Subsistence Most farmers focus on survival rather than business due to a lack
Farming: of knowledge, funding, technology, and market access.
Limited Market Farmers struggle with reservations for FIEs, communication with
Access: marketing agencies, suppliers, and research facilities.
Legal and Complex legal barriers and unfair competition from private
Regulatory businesses.
Challenges:
Financial Risks: Large investments and modern technology adoption pose risks, reducing
farmer interest.
Production- Disparities exist between where products are grown, processed, and
Processing- consumed.
Consumption
Gap:
High Risk & Climate change, market fluctuations, and economic instability affect
Uncertainty: decision-making.
Farmers Markets: Initiatives like Uzhavar Santhai, Rythu Bazaars, and Apna Mandi promote direct
farmer-to-consumer trade.
DEMIC: Provides marketing intelligence and commodity price forecasts.
ABARD (Kerala Agricultural University): Offers technological training for rural employment.
ITC e-Choupal: Offers weather, price information, and business knowledge to farmers.
Agribusiness Incubators (ABI): Collaboration between ICRISAT and DST to support agribusiness startups.
Successful Agri-
Entrepreneurship Cases
Apple Planet Agri-Clinics (Mr. Bukhari, J&K)
Completed AC & ABC training at ISAP, Srinagar (2012).
Established an agricultural clinic to support apple farmers.
Provides advisory services on pesticides, fertilizers, and crop management.
Formed an association of 500 farmers under "Agro-Clinics of Apple Planet."
Ocean Foods (Shri Uday Veer Singh Rana, Haryana)
Completed AC & ABC training at ISAP, Haryana.
Started a honey processing business with scientific techniques.
Built a well-equipped facility for bottling, packing, and labeling.
Achieved Rs. 15 lakh net profit and Rs. 80 lakh in total sales in the first year.
Xcell Breeding and Livestock Services Pvt. Ltd (Dr. Gajendrakumar Bamania, Gujarat)
Established a livestock services firm with a laboratory and software for dairy processing.
Mobile Agriculture School and Services (MASS) (Shri Vijay Bharath, Jharkhand & Bihar)
Created a mobile bus service equipped with audiovisual tools for agricultural education.
Delivers modern farming knowledge, seeds, fertilizers, and market data to remote farmers.
Thank you