Planting Seeds for the Next Economic Boom: Why the Agriculture Sector will never be the same
The agriculture sector in India forms the backbone of the country. It employs 54% of the country's total workforce of 481 million people. Being the means of living for the majority of our population, it is imperative that this sector flourishes if India is to cement its place as a global leader over the next decade. Over the years, this sector has been under a cloud of perception that is primitive, backward and sluggish. Also, because of general political policy over the years, the incentive for corporate firms to enter this space has been low. However, this is changing. Through this article, I would like to highlight and compare some key facts about the agriculture and allied sectors that showcase its stellar performance over the years. This will further enable me to talk about the investment opportunities that exist in both agriculture and its allied sectors. A Global Superpower Due to India's varied geographic landscape, agriculture in India is multidimensional. In...