Question

Scope of agribusinesses

Answer 1

Answer:

Agribusiness is an area of commerce that involves the processing, warehousing, distribution, marketing and retailing of the products used in agriculture. Agribusiness aims at streamlining farming operations so that the prices remain at equilibrium

Answer 2

Answer:

Agribusiness is an area of commerce that involves the processing, warehousing, distribution, marketing and retailing of the products used in agriculture. Agribusiness aims at streamlining farming operations so that the prices remain at equilibrium.

Explanation:

There is wide scope for production and promotion of bio-pesticides and bio-control agents for protection of crops. Seeds, hybrid and genetically modified crops, have the highest potential in India in the future, since the productivity of high yielding varieties have reached a plateau.