For people willing to invest in agriculture, finding the right farmland in the right area is often the biggest hurdle. The uncertainties of yields, weather, prices, government policies, global markets, and other factors add up to the challenges.
An ideal land is the one that has the potential of superior returns in future.
Andhra Pradesh saw sustained growth over the past few years, recording an annual average growth of 8.7% during FY06-FY10, and is expected to grow at 9.9% during FY11-FY20. Moreover, it is among the top 5 states for agriculture investment in India.
Here’s more for you to know.
Invest in Agriculture in South India: Reason #1
Land prices in Andhra Pradesh vary depending upon the proximity of the land from the National Highway. The affordable land price is icing on the cake for land investors. Besides, every land record in AP is digitised under the new scheme launched by AP government, thereby minimising the scope of litigation. Every land record can be accessed online now.
Invest in Agriculture in South India: Reason #2
With a literacy rate of 76.5% in India, the availability of skilled manpower is more. It is easier to train and educate farmers on the latest technologies, and therefore modern methods of irrigation are practiced on a high scale in Karnataka and Andhra Pradesh.
Invest in Agriculture in South India: Reason #3
The initiative of Andhra Pradesh government to promote the agriculture sector in the region is commendable. The government offers subsidies on various things including electricity, irrigation and infrastructure setup to accelerate growth in this sector.
Invest in Agriculture in South India: Reason #4
Favourable climate is another reason for choosing South India. The weather remains constant between 20°C and 35°C throughout the year, which allows crop rotation year round. Suitable weather conditions provide further impetus to agriculture growth.
Invest in Agriculture in South India: Reason #5
The Southern regions still have virgin lands, which are not exposed to high use of pesticides and insecticides. This means the soil is fertile and potent to grow any type of crops.
These are only some of the reasons for considering South India for investment.
At AGROCORP, we can help you choose the land that is best suitable to meet your investment goals. To know more about agro-investment opportunities, send us your queries to firstname.lastname@example.org