Agriculture
India is a rich biosphere of diverse climatic zones and soil types that facilitate the growth of varied crops. As a result, the country's agro-industry is a significant contributor to the country's GDP and the primary employment source to most of the population.
As one of the largest global agro producers, the Indian agriculture industry offers immense growth opportunities for potential investors. It has attracted a consistent booming influx of cumulative Foreign Direct Investment (FDI) from global brands in recent times.
Reasons for Investing
- India is one of the top 10 global agro exporters
- The Indian food and grocery market is the world's sixth-largest, with 70% of sales emerging from retail.
- The Indian food processing industry is one of the country's largest.
- India is the world's second-largest producer of rice, wheat, sugarcane, fruits, vegetables, and groundnuts.
- India produced 25% of the world's pulses as of the past decade.
- The native organic food sector is projected to have a CAGR of 10% in the next decade.
- Owing to government initiatives such as Pradhan Mantri Kisan Sampada Yojna, India's processed food market is expected to grow by 55% in the next five years.
- It allows 100% FDI under the automatic route.
Industry Growth Factors
- Robust demand due to rising income levels
- Penetration of the organized sector
- Willingness to explore contract farming
- Cost-effective mechanization of production, manufacturing, and supply processes
- Easy loan acquisition
- Privatization with an increased focus on branding
- Modernization of supply chain to reduce wastage
- The Indian government is setting up Mega Food parks to boost the agriculture sector
What we can do for you?
1Step 1
Business Registration
- Choose a suitable business structure
- Register your business with the Ministry of Corporate Affairs (MCA).
- Obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN).
Step 2
Compliance and Licensing
• Apply for necessary licenses and permits based on your consultancy services (e.g., GST registration, Professional Tax registration).
• Ensure compliance with local, state, and national regulations.
• Set up a business bank account and maintain proper financial records.
2
3Step 3
Operational Setup
- Establish a physical or virtual office space.
- Hire skilled professionals and build a competent team.
- Develop a marketing strategy to attract clients and grow your business.