As the demand for healthy food rises in India, organic farming is experiencing a surge.
The central and several state governments are supporting organic farming. According to a recent report, organic foods market in India is estimated to be over $0.50 billion. It is further projected to treble in the upcoming years, reaching up to $1.36 billion 2020. Overall, the organic foods segment in the country witnessed an estimated growth of 25 to 30%.
Balasubramanyam, CEO, Sresta Natural Bio products, spoke to BE’s Ankita Chakraborty on the significance of organic farming.
Q. What are the entrepreneurial opportunities in the sector of organic farming?
A. Organic farming is a natural entrepreneurial opportunity. If farmers have land assets and are aware of the connection between livestock and farming dynamics, they can successfully initiate organic farming. In our experience, it takes about three to five years for the land to be prepared for organic farming. Once that is done, investments come down as the creation of natural inputs becomes routine and affordable. We are at present associated with 46000 farmers cultivating across 225000 acres in five states of India.
Q. How is organic farming changing the dynamics of agriculture in India?
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