Although I am not a farmer or agriculturalist, I suspect that technical knowledge of farming is insufficient for success. Farmers must also understand the wider domain of business so that they profit from the marketplace.

Dr Peter Raeth thank you for your contribution to the discussion

Agri-business helps in achieving productivity profit by small farmers and amalgamating them into local, national and international markets and it helps in decreasing food costs and provides high quality diets to the rural and urban poor in the country. Agribusiness management plays a crucial role in the development and growth of the agricultural sector. It helps to improve the productivity and efficiency of agricultural operations, which ultimately leads to increased profitability for farmers and agribusiness firms. The sector employs 49.6% of the workforce, which is often seasonal, under-employed and underpaid, and accounts for ~17% of India's GDP. India's large and diverse agricultural sector makes it a major producer of cereals, sugar, milk, fruits and vegetables, eggs and spices. Agribusinesses have several key functions: production, processing, marketing, and distribution. Production: This involves cultivating, harvesting, and raising crops and animals for food and other products. The primary goal of agribusiness is to maximize profit while satisfying the needs of consumers for products related to natural resources such as biotechnology, farms, food, forestry, fisheries, fuel, and fiber. Firstly, agriculture provides the required raw materials for the agro-based industries such as flour, oil, sugar, bread, dairy, etc. Agricultural production is the base for the labourers who work in the factories. Since most of the population in India lived in rural areas; it provides a good market for industrial products. Agriculture provides industrial raw material to a large number of industries as a supplier of raw material, agricultural sector is of primary significance for the growth of industrial sector in the economy. Almost more than half of the population residing in India depends on agriculture which holds a very crucial place in the economy: Employment opportunities are provided by agriculture as well as non-agricultural activities. Agriculture plays a very crucial role in international trade as well as import and export. Agriculture provides an expanding market for the products of the other sectors in the initial stages of development of the economy. Agricultural sector, while helping the development of the other sectors, also finds the income of its people increasing. Since agriculture happens be the largest industry in developing country like India, it can and must play an important role in pushing up the rate of capital formation. If it fails to do so, the whole process economic development will suffer a setback.

The role of agri-business in enhancing the income of farmers in India is significant. Agri-businesses, which encompass various agricultural value chains, play a crucial role in bridging the gap between farmers and markets. They provide farmers with access to better technology, improved inputs, and modern farming practices, leading to increased agricultural productivity and efficiency. By connecting farmers with national and international markets, agri-businesses help farmers get fair prices for their produce and reduce post-harvest losses.

Moreover, agri-businesses often engage in processing, packaging, and value addition, creating additional income streams for farmers. By promoting agro-processing industries, agri-businesses contribute to the growth of rural economies and generate employment opportunities, further enhancing farmers' income.

As for the impact of agriculture on Indian industrial development, it has historically played a crucial role. Agriculture is the backbone of the Indian economy, providing livelihoods to a significant portion of the population. The agricultural sector supplies raw materials to various industries, including food processing, textiles, and agrochemicals. A robust agricultural sector ensures a stable supply of inputs for industries, contributing to industrial growth and development.

Dr S J Malik thank you for your contribution to the discussion

The purpose of agribusiness is to create and supply agricultural products for end-consumption. Agricultural products are naturally produced resources for human consumption or other uses. The products require a variety of sectors and industries to support the producers, which are central in this value chain. Helps in the upliftment of the rural economy and proper utilization and achieving the potential of the rural economy sector, where plenty of raw materials are available. Provide rural populations with an opportunity for employment. Agriculture provides industrial raw material to a large number of industries. As a supplier of raw material, agricultural sector is of primary significance for the growth of industrial sector in the economy.Industrial agricultural practices often deplete soil quality. As, wind and water erosion of exposed topsoil removes particles and nutrients from the soil. Tilling and overgrazing of livestock exacerbates erosion. The Industrial Revolution improved the agriculture and involved major developments such as the enclosure of open fields and the adoption of new farming techniques. The enclosures involved turning the large open fields into smaller farms owned by wealthy farmers. Agriculture acts as a major consume of industrial products like farm machineries, fertilizers, etc and these industrial products help to increase the crop production and bring more land under cultivation. Agriculture based industries have also provided employment in the rural areas.As agricultural production and productivity rises, marketable surplus increases which leads to rural industrialization between the two sectors affect the flow of resources from one to another sector. There are various advantages to collaborating between agriculture and industry, including greater food production, economic growth, and job creation. Agriculture supplies raw resources and food items for industry, while industry provides agriculture with machinery, technology, and infrastructure. Agro-based industries in India have given a major boost to agriculture by raising its productivity and industry has contributed to agriculture by using the implements like irrigation pumps, fertilizers, insecticides, pesticides, plastic and PVC pipes, ' machines tools sprinkles, drip irrigation systems etc.

Agribusiness is a very wide concept, which is helpful to farmers by value addition in the supply chain, marketing, value addition, and promotion of produce of small farmers. FPCs as a part of agribusiness work for the benefit of the small farmers by eliminating middleman and providing many benefits to the farmers.

Dr Dilip Rasiklal Vahoniya thank you for your contribution to the discussion

An agribusiness career can lead to extensive opportunities in various fields, including agriculture, retail marketing, food processing, and food production. This huge domain is well known to encompass a varied range of occupations around the globe, from livestock and farming to human nutrition and food production. Agro-based industries in India have given a major boost to agriculture by raising its productivity and industry has contributed to agriculture by using the implements like irrigation pumps, fertilizers, insecticides, pesticides, plastic and PVC pipes, ' machines tools sprinkles, drip irrigation systems etc. The purpose of agribusiness is to create and supply agricultural products for end-consumption. Agricultural products are naturally produced resources for human consumption or other uses. The products require a variety of sectors and industries to support the producers, which are central in this value chain. To be successful, the agribusiness manager must be able to carry out the five tasks for each of the four basic functions of the agribusiness; that is, marketing and selling, production and operations, financial management and planning, and management of human resources. Agribusiness is made up of three components mainly: the agricultural input sector , the production sector and the processing-manufacturing sector. Agribusiness helps in achieving productivity profit by small farmers and amalgamating them into local, national and international markets. (ii) It helps in decreasing food costs and provides high quality diets to the rural and urban poor in the country. The sector employs 49.6% of the workforce, which is often seasonal, under-employed and underpaid, and accounts for ~17% of India's GDP. India's large and diverse agricultural sector makes it a major producer of cereals, sugar, milk, fruits and vegetables, eggs and spices. Industries provide many agricultural inputs like irrigation pumps, fertilizers, insecticides, PVC pipes, machines and tools, etc. to the farmers. Development of different modes of transport by industrial sector has not only helped farmers to obtain agricultural inputs but has also helped them trade their products.