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Exploring business opportunity and market potential of agro bio products in Rajasthan

Apr 07, 2018

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Manoj Sonkaria
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    Exploring the Business Opportunity and Market

    Potential of Agro Bio product in Kota and Baran

    District of Rajasthanfor Ambika Biotech

    Project Title

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    Introduction About Agro-Bioproducts

    Agro-Bioproducts:- The products which are used toimprove the fertility of the land, productivity & protection of

    crops from insects pests by using biological wastes,

    biological agents and plants hence the term bioproducts LikePhospho, Rhizo, Azotobactor, Trichoderma, Tricho-Card, Vermi

    Compost, Biocompost.

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    Benefits of Agro-Bioproducts

    Increase crop yield by 20-30%.

    Stimulate plant growth.

    Activate the soil biologically.

    Restore natural soil fertility.

    Provide protection against drought and some soil borne

    diseases.

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    Industry Scenario

    1. The total market production of biofertilizers is 24,455 tonnes in

    India (2008-09).2. Tamil Nadu produced 3,733 tonnes of bio-fertilizers followed by

    Karnataka at 3,696 tonnes.

    3. The other major producers of bio-fertilizers are Kerala (1,937

    tonnes), Maharashtra (1,861 tonnes) and Madhya Pradesh(1,588 tonnes).

    Source: Department of Bio-fertil izer Govt. of India

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    About Company

    Company Ambika Biotech

    Founder Mr. J. S. Tomar

    Established Year 2009

    Office Address Mr. Saurabh Singh TomarF.No. 7, Industrial Area, JaggakheriMandsaur, Madhya Pradesh - 458001, India

    Contact No. +919753902100+917422223183

    Annual Turnover US$ 0.25-1 Million

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    Products of Ambika Biotech

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    Objectives of Study

    1.To access the current market potential.

    2.To find out top brands and their market

    share.

    3.To find out business opportunities in

    Soyabean, Wheat and Rice crops

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    Research Methodology

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    Markets

    S. No.S. No. District Taluka No. Of Dealers

    11 Kota Kota 18

    Ladpura 13

    Piplada 13

    Digod 19

    Sangod 13

    Ramganj Mandi 11

    22 Baran Baran 25

    Chipa Badod 14

    Kishanganj 04

    Anta 12

    Atru 08

    Chabra 10

    Mangrol 09Shahabad 06

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    Kota District Map

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    Baran District Map

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    Objective 1

    To access the current market potential

    for bio product

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    Market Potential = Total cultivated area in hectare XRecommended dose in Kg/ha

    CropsCrops Kota (ha)Kota (ha) Baran (ha)Baran (ha) Total (ha)Total (ha) DoseDose Market PotentialMarket Potential

    (MT)(MT)

    Soybean 1,22,293 1,94,417 3,16,710 1.5kg/ha 475.07475.07

    Paddy 17,348 8,298 25,646 1kg/ha

    25.6525.65Wheat 91,999 1,05,609 1,97,608 2.5kg/ha 494.02494.02

    Source: Rajasthan Agriculture Statistics At A Glance (2009-10)

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    Objective 2

    To find out top brands and their market

    share

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    Excel Sheet

    Top brands of Fungicides used in Soybean, Wheat &

    Rice in Kota and Baran districts

    http://var/www/apps/conversion/current/tmp/scratch19685/Excel%20Sheet%20(DATA).xlsxhttp://var/www/apps/conversion/current/tmp/scratch19685/Excel%20Sheet%20(DATA).xlsx
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    Top brands of Herbicide used in Soybean, Wheat & Rice

    in Kota and Baran districts

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    Top brands of Pesticide used in Soybean, Wheat & Rice

    in Kota and Baran districts

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    Top brands of Growth Regulator used in Soybean, Wheat

    & Rice in Kota and Baran districts

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    Objective 3

    To find out business opportunities in Soya

    bean, Wheat and Rice crops

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    According to dealers major consuming crops of agro-chemicals

    Crops Rice Wheat Soybean Coriander Other Crops

    Dealers(175) 57 25 23 19 51

    % 33% 14% 13% 11% 29%

    According to dealers major consuming crops of agro-chemicals

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    Conclusion

    1. The total market potential of Agro bio product is 475.07MT in Soybean, 494.02 MT in Wheat and 25.65 MT in

    Rice in Kota & Baran districts of Rajasthan.

    2. Rice, Wheat and Soyabean are the major consuming

    crops of bio product.

    3. CFCL, BASF, Corromandal and Boost Ltd. are the top

    brands of agro-Products.

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    Recommendation

    1. Ambika Biotech should include farmers also for market

    research.

    2. Company should communicate about the benefits of bio

    products to farmer as well as dealers before launching its

    product through a mixed promotional activities in both the

    districts.

    3. Company should concentrate specially on Pulses, Rice, Wheat

    and Soybean.

    4. Among the four segment company should concentrate specially

    bio fertilizer and bio lant rowth re ulator.

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