1) 1.5% is the contribution for India to total food products exported all over the world.
2) India is 2nd largest crop producer country.
3) India’s gross agriculture turnover is Rs. 7.6 Laks Crore and GDP count is 14.2%
4) An average farmer in India travels 12 km to reach the market.
5) The amount of venture capital and private equity capital invested in agricultural ventures tripled to Rs 2,000 crore from last year i.e. 2012
6) Rice and milk accounts for Rs. 80 billion economic value as of 2009
– Shashank Kumar (IIT-Del) & Manish Kumar (IIT-Kan)
– Mayil Maganan & Lokesh Makam
Mr. Mayil introduced a whole new level of farming by replacing pesticides with pheromone based pest control traps. These are cheap, organic and harmless and will save the fruits and crops from insects. He teamed up with Lokesh and started Barrix 2 years ago and profitted themselves with 23 Lakhs at the very beginning of the venture and are planning to cross 10 crore in 2014.
– Jayaram Srinivasan, Sreeram P and Ravi Mandayam
> Ashmeet Kapoor is continously working hard to set up an efficient distribution chain in Uttar Pradesh n India. His venture I Say Organic enabled farmers to earn more than before by selling their crops to him.
> Ravi Kukke set up his own farm in Tamil Nadu 4 years ago. He was a education solution partner in Microsoft and decided to grow something good in India. There were many farmers in his area that were looking for technical help. He poured in 15 Lakhs to start his farming land and today has already redeemed his net input.
> V.I. Bishor and Faisal back in 2009 started UBIO.in to enhance the agriculture in fields of medical, veterinary and diagnostics. They leverage the latest and best technologies from the fields of electronics, information technology, and biotechnology to create products and solutions that take hi-tech diagnostics to the mass-market
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Brilliant! we need more startups to work at grass root and rural levels.
I need to learn abourt farming?