Status of Agri Start-Ups in Punjab and Telangana States of India
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Date
2022
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Punjab Agricultural University, Ludhiana
Abstract
The study entitled “Status of agri start-ups in Punjab and Telangana states of India” was undertaken with the objectives to study the present status, prospects and problems of the agri startups. A sample size of 20 start-ups, 10 start-ups from each state were selected. Twenty case studies were documented, ten case studies from each state. Findings of the study revealed
that most of the agripreneurs had 3-14 years of entrepreneurial experience, half of the agriprenerurs in Punjab had undergone only knowledge-based training, Most of the agripreneurs of Telangana had undergone only knowledge based training, half of the agri start-ups of Punjab were in processing followed by manufacturing and service, whereas in Telangana majority of the Agri start-ups were in manufacturing. Majority of the agri start-ups in Punjab and half of the start-ups of Telangana were micro-enterprises followed by small enterprises. Most of the start-ups in Punjab and Telangana had partnership status. Most of agripreneurs of Punjab and Telangana had medium information-seeking, information evaluation, information storage and information dissemination behaviour. Majority of the enterprises were micro and small enterprise and were providing medium employment generation. Majority of the agripreneurs of Punjab and Telangana had medium management orientation. All the agripreneurs of Punjab and Telanagna were always wanted to invest their profit margins for further expansion of their business. Most of the agripreneurs of Punjab and Telanagna were not wanted to invest in big investments i.e. buying a house, car etc. Most of the agripreneurs always saving their profit margins for children education. Majority of agripreneurs of Punjab and Telanagna were not investing in mutual funds and shares. Major problems faced by the agripreneurs of Punjab and Telanagna were lack of data bank on new product and process, lack of techno economic information, increase in labour wages, poor linkage with policies and research institutions, lack of R&D institute to impart need based local technologies, inadequate financial support, out dated technology, lack of marketing intelligence and unfamiliarity with export activities. Suggestions of agripreneurs for development of agri start-ups were organizing awareness programmes on different schemes and policies of government and banks, capacity building initiatives of agripreneurs in their specific ventures by the nodal agencies, wider publicity with regard to agri start-ups as a means of self-employment, organizing more skill oriented training programmes to develop entrepreneurial capabilities, providing subsidies for purchasing the raw materials, establishment of information centers and help desk at local level to help the agripreneurs and
improve technical knowledge. The study entitled “Status of agri start-ups in Punjab and Telangana states of India” was undertaken with the objectives to study the present status, prospects and problems of the agri startups. A sample size of 20 start-ups, 10 start-ups from each state were selected. Twenty case studies were documented, ten case studies from each state. Findings of the study revealed that most of the agripreneurs had 3-14 years of entrepreneurial experience, half of the agriprenerurs in Punjab had undergone only knowledge-based training, Most of the agripreneurs of Telangana had undergone only knowledge based training, half of the agri start-ups of Punjab were in processing followed by manufacturing and service, whereas in Telangana majority of the Agri start-ups were in manufacturing. Majority of the agri start-ups in Punjab and half of the start-ups of Telangana were micro-enterprises followed by small enterprises. Most of the start-ups in Punjab and Telangana had partnership status. Most of agripreneurs of Punjab and Telangana had medium information-seeking, information evaluation, information storage and information dissemination behaviour. Majority of the enterprises were micro and small enterprise and were providing medium employment
generation. Majority of the agripreneurs of Punjab and Telangana had medium management orientation. All the agripreneurs of Punjab and Telanagna were always wanted to invest their
profit margins for further expansion of their business. Most of the agripreneurs of Punjab and Telanagna were not wanted to invest in big investments i.e. buying a house, car etc. Most of
the agripreneurs always saving their profit margins for children education. Majority of agripreneurs of Punjab and Telanagna were not investing in mutual funds and shares. Major
problems faced by the agripreneurs of Punjab and Telanagna were lack of data bank on new product and process, lack of techno economic information, increase in labour wages, poor
linkage with policies and research institutions, lack of R&D institute to impart need based local technologies, inadequate financial support, out dated technology, lack of marketing
intelligence and unfamiliarity with export activities. Suggestions of agripreneurs for development of agri start-ups were organizing awareness programmes on different schemes
and policies of government and banks, capacity building initiatives of agripreneurs in their specific ventures by the nodal agencies, wider publicity with regard to agri start-ups as a
means of self-employment, organizing more skill oriented training programmes to develop entrepreneurial capabilities, providing subsidies for purchasing the raw materials,
establishment of information centers and help desk at local level to help the agripreneurs and improve technical knowledge.
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Citation
Banoth, Naresh Kumar (2022). Status of Agri Start-Ups in Punjab and Telangana States of India (Unpublished Ph.D. Dissertation). Punjab Agricultural University, Ludhiana, Punjab, India.