The agricultural sector is the largest employer in India’s economy contributing to 17% of its GDP in 2016.
The Indian economy is heavily dependent on agriculture and the prospects for agriculture seem promising considering the magnitude of the demand. Agriculture is one of the strongholds of the Indian economy with the robust support of the Indian Government in key policy initiatives like the Pradhan Mantri Krishi Sinchai Yojana.
The public and private sector investment in agriculture have been steadily increasing since 2004-05. The Department of Industrial Policy and Promotion (DIPP), the Indian agricultural services and agricultural machinery sectors have cumulatively attracted Foreign Direct Investment (FDI) equity inflow of about US$ 2,278.3 million from April 2000 to March 2016.
UC Strategy has been giving strategic consulting advice to International and Indian multinational companies for assistance in the form of varied service lines like growth strategy, supply chain strategy, cost management etc. to effectively cater to the rural market.
Our work of more than 90 cases span across the entire agribusiness value chain i.e. Agrochemicals & Seeds, Agriproduce & Processing Agrimachinery & Equipment, Agri-Logistics and Agri-Financing that addresses a range of strategic and commercial issues for corporate and investor clients. Within Food consulting practice, we have had the opportunity to assess different agri-commodities like Oil & Seeds complex, Pulses, Cotton, Cereals, Crops, Spices, Cocoa Butter, Sugar, Bakery, Pediatric Foods and Beverages including packaged water.