Monday, September 17, 2012

Role of Agriculture Sector in Indian Economy

The agriculture industry has played a significant role in the growth of the development of the Indian Economy. Similarly, there have been a lot of opportunities for the people involved in activities attending agriculture industry.

Agriculture plays a meaning role in the growth of socio - economic sector in India and is the largest contributor to India ' s GDP. It has played a key role in the development of human civilization. Agriculture, the very source of survival for the human humanitarian, includes a comprehensive area of crude and finished products under the succession of plants, animals and other life forms. Human old softie embraces this sector not only for it helps the common man with daily food but also due to the fact that a major chunk of the world ' s population is dependent on agriculture as their source of survival. There is no wrong to call agriculture as the life blood of a country, particularly a country like India as it contributes to the fundamental aspects of national food security, social stability and environmental protection.

The agriculture industry in India is passing through the golden era of modernization and therefore is playing a great role in today ' s economy. This industry has been serving Indian economy since decades and has grown many folds with each move. With the growth in population each year, this sector has nurtured the common man. This sector has encouraged almost every party involved in the family from a Manufacturer to a Supplier to a local vendor etc. with its immense growth each day.

If we talk particularly about the suppliers associated with this sector, they have played a very critical role and have extended its boundaries with no limits. Agro Product Suppliers are performing business across the globe with the supply chain of agricultural products including fertilizers, pesticides, animal feeds & extracts, vegetable oil, irrigation equipment, machines & appliances, fruits & juices, edible products etc. With the growth of technology, B2B marketplace for every supplier has become easy and has enabled them to perform business more effectively.

The B2B portals prove to be a useful source of getting information about the local, national and international market as it is just a single click away from a common man. There are many portals available over the internet which gives end to end information about the manufacturers, suppliers, exporters etc. Buyers can browse the catalogs of these suppliers with the information on products they offer and can send a request for product details. B to B thus acts as a common platform for buyers and sellers to meet their business requirements and also make use of the opportunities that are available in the form of trade leads.