The agriculture experts believe that the yield from organic farming is much higher than other types of farming. In India some states especially in the Northern part of the country are now exploring this vast opportunity and are looking at setting up of Special Purpose Councils to concentrate in this sector.
The Ministry of Agriculture in states such as Punjab, strongly believe that this move will help them from diversifying from the wheat-paddy cycle.
Senior officials at State level, from the Ministry of Food & Agriculture, have further affirmed that the state was getting together with large industrial houses to make the crop diversification scheme accomplish best results.
This is in line with the expectation that in the next decade. It is expected that about 9-14% of the cultivated land in states such as Punjab would have organic farming and viticulture.
While already companies like Tropicana and Pepsi have worked for citrus growth, Bharti Group for horticulture, Nasik-based Sona Somant Group for viticulture and search was on for organic sector; more groups would be wooed to make Punjab their destination.
The Reliance Group also announced that they would set up a platform in the state to procure fruits and vegetables to sell them through its retailers.
In its market research report named "Food Processing Market in India (2005)" RNCOS informs that in the next decade the Punjab state government plans to cover 33% of the 105 lakh acres of agricultural land under crop diversification schemes which will yield remunerative incomes for the farmers.
In its various chapters the report has compiled a complete picture of the different business segments within the food processing industry aided with statistics, current trends, legal framework and regulations that govern it.
The market research report views that both processed food exports and value-added agricultural produce is would grow faster in the following years. This would help the food processing industry in India to make greater profits over the coming years.
The report finally covers profiles of key players in the sector that include brief profile, recent financials, key management profiles and companies' strategic moves/ press coverage to assess the market and its trends.
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