“Andhra Pradesh targets to produce 172 lakh tonnes foodgrains in FY17”.
-The Economic Times
Andhra Pradesh is one of the leading food grain producing states in India, as well as one of the top 3 rice producing states, besides Uttar Pradesh & West Bengal. Availability of trained manpower, suitable climate, and affordable land prices are some of the major factors that make Andhra Pradesh a favourable place for large scale agriculture. As a result, the state is continuously observing an increase in agricultural productivity year after year. Weather forecasts say that in the current year, Andhra Pradesh will receive a fairly good monsoon. Thus, the state is estimating to produce around 18 million food grains in 2016-2017 as compared to 136.73 lakh tonnes last year. The state is also targeting to increase the output of groundnut, pulses, maize and oil seed crops in view of the forecast of higher rainfall.
Andhra Pradesh is witnessing a steep growth in the number of SEZs and residential projects, due to which the consumption is expected to grow at a large scale. Thus, the aim of increasing productivity in farming is also closely related to fulfilling the demands of the rising population other than making the farming hassle free for farmers. The government of Andhra Pradesh is also providing a large amount of subsidy to the farmers to enable them to use best resources for their crops. Increase in crop area will play a major part in adding to the agricultural profits of the state as the estimations show that area under crop production will amplify by 5% in the coming year. Moreover, the shortage of water for irrigation was a dominant reason for decline in the crop production last year which will be compensated by the prediction of favourable monsoon this year.
At AGROCORP, after taking into consideration the optimal conditions in Andhra Pradesh to generate high ROI in agriculture, we established our agro farms in 2012 in the Hindupur district of the state to produce crops on a large scale. Presently, we grow Melia Dubia, tomatoes, chilli, gherkin, turmeric and several other revenue boosting crops for our investors. As a result of our initiative, we own a tad bit of share in the agricultural productivity of Andhra Pradesh.
To get a glimpse of our agro-investment projects, contact AGROCORP at email@example.com .