For any country, the basic component that decides its growth, is its economy. In India’s case, that base is agriculture. Agriculture plays a very important role in all the major economical sectors of India and is one of the most crucial factor in the country’s development.
Read on to get a glimpse of how Indian economy may fall apart without agriculture:
• Many cottage and large scale industries are solely dependent on agriculture for availability of raw materials. Sugar, cotton, jute, vegetable oil and handloom industries cannot think of their existence without agricultur.
• Though the share of agriculture in GDP of India has considerably lowered over time but it still is a significant part of Indian economy. Currently, agriculture’s contribution to India’s Gross Domestic Product is approximately 15%.
• India exports agricultural products, both in raw and processed forms, and the total share of agriculture in Indian export forms an average of around 15 percent.
• Moreover, agriculture is the top most private sector area that having the largest employed population as compared to any other employment sector of India. Well, that’s right; agriculture is the livelihood of more than half the population of India.
Thus, agriculture plays a great role in boosting the economy of India, but the sad part is that it is still in an under developed stage, which ultimately affects the overall economy.
At AGROCORP, we strive to change the face of Indian economy through our breakthrough farming techniques that we deploy to reap a good harvest from our agro-farms. Through our agro-farming initiatives, we not only strive hard to benefit our investors but also make sure that the economy of the country gets a considerable lift as a result of our maneuvre. Hundreds of rural people are employed on our farms and they have been trained technologically to optimally utilize resources for successful farming.
Call AGROCORP on 70930 64464 to join us in our agro-investment endeavour.