Farming is going to be the next Manufacturing. Farms, are becoming more like factories: tightly controlled operations for turning out reliable products, immune as far as possible from the vagaries of nature. By 2050, the planet’s population is likely to rise to 9.7 billion, a rise of 2 billion from now. Along with increase in…
When it comes to business, food processing seems to be an obvious choice for most of the entrepreneurs. There could be a considerable number of reasons for this apparent choice. Some of the prominent ones could be: Our exposure to a range of food available in our vicinity and our food consumption habits. Media speaks…
Situation 1: General variety produced by small scale unorganised farmers. This can result in plentiful supply and lean demand. plentiful demand and lean supply. Glut in supply, crash the prices and low production results in lower income for the producers respectively in the above two scenarios. Situation 2: Specific varieties grown by a farmer and…
