Agriculture
– India has made significant progress in agriculture
sector and has not only been able to feed its people
but have enough surplus for export. The performance
of the agricultural sector has continuously been improving
through new agricultural techniques and tools acquired
by Indian farmers, mechanisation, use of high yielding
varieties of seeds, increasing use of fertilizers
and irrigation facilities, on-going operational research
in the country’s numerous agricultural universities
and colleges, etc. While the share of agriculture
in GDP (26.6 per cent in 2000-01) is declining because
of faster growth of the services sector, agriculture
accounts for 62 per cent of total employment. India
had a buffer stock of foodgrains (wheat and rice)
of nearly 50 million tonnes (Dec. 02). Agri-exports
account for 13-18 per cent of total annual exports
of the country. Agri-exports amounted to over US$
6 billion in 2000-01. Opportunities of business in
this sector includes:
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Technology for growing and processing of fruits,
vegetables, traditional herbs, natural remedies
and spices and plant extracts for the food cosmetic
and pharmaceutical industry; technology for production
of organic horticultural produce for the export
markets |
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production of basic raw materials
such as : improved seeds, new plant material,
|
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Agricultural equipments such
as small tractors, harvesters and specific custom
built equipment to manage tropical fruit trees
and plants |
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Technology for pest management
in bulk storage warehousing and quality control
testing labs to test agricultural produce |
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Technical know how and marketing
assistance to produce and package organic produce
(high value fruit and vegetables) for export |
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Technical innovations and quality
control procedures for commercial exports of horticultural
products |
Further details may be obtained from
http://agricoop.nic.in/
or http://www.indiaagronet.com/
Telecommunications
- India’s telecommunications network ranks among
the top ten countries in the world. One of the world’s
largest and fastest growing telecom markets, the country
has an investment potential estimated at US$ 39 billion
by 2005 and US$ 69 billion by 2010. The country now
has a low telephone density of approximately 5 per
cent, estimated to grow to 7 per cent by 2005 and
15 per cent by 2010. The government had allowed private
participation in cellular services in 1992. This sector
is now growing leaps and bound. As of November 2003,
India's total mobile (CDMA+GSM) user base has exceeded
28 million. http://www.investindiatelecom.com/