Agriculture is one of the most prominent and growing sectors and plays a crucial role in a country's economy. It's no doubt farmers have faced different agro-climatic crises like flood, drought, storm in every year, which may have a direct impact on their profitability. But the rise of modern technology, advanced weather forecasting, good storage and transportation systems, improved crop varieties, modern pest surveillance will now minimize the external impacts in the agriculture sector. The demand for agriculture and allied sectors is improving day by day. So in this century starting an agribusiness is a good idea for self employment and also it will contribute to a nation’s economy. So many agribusiness plans are there from cultivating to storage, value addition to sale of final produce. Some of the agribusiness sector needs medium to large investment while some needs small investments. Agricultural business sector is now not confined to a small area. Today’s rapid and advanced communication system and improved technology catalyse the growth of the agribusiness sector. You can sell your produce anywhere in the world. So lets start to know more about to start a agricultural business: Agribusiness sector is mainly divided into 3 categories as mentioned below; Input sector - This includes starting an agribusiness in sale of different agri inputs like seeds, fertilisers, pesticides, machineries, nursery plants etc. Output sector - This sector includes sale of final agri produce in raw or after value addition. Facilitative service sector - This includes the services like marketing, processing, packaging, transportation, storage, finance, farm consultancy etc. For starting an agricultural farm you need to have secure farm land with own ownership or with a lease agreement. Prepare an agricultural map for your land which includes your land boundary, water source, soil structure, crop season, distance from market etc. Before proceeding to crop cultivation you should have enough idea about local agro climatic conditions and soil type. Test your soil to know about your soil fertility status and the soil profile. Prepare your business plan according to your knowledge, expertise and assistance from agri experts and start to manufacture your selected commodities. You will have to register your business with its selected operational name. You should have some financial stability to run your business smoothly. Secure your business with a good insurance plan so that it will protect you from any bad conditions. READ: How to collect soil samples for soil testing You should have done proper market research for your business plan. Some questions are mentioned below to help you out for your market survey. You need to find the answers. What is the potential of your product and services in the present market? Do you have enough knowledge and expertise about your business plan? Do you know your competitors' activity in the market? What are the problems faced by your competitors ? What are the problems faced by your potential consumers? Do you fulfill the needs of your consumer in a more efficient way? Are the legalities of your business plan easy or difficult? What is your focused area of business(Local, national or international)? Do you easily get your inputs for your business? Do you list out your prime consumers? After proper market research your window of opportunity will open for the business plan preparation and its execution. A good business plan will sustain in the long run and make you profitable. Here are some questions which will help you in preparation of your business model. What is your plan and structure of your business? What is the cost involved (fixed and operational) for your business? Do you prepare all the legal papers? Do you prepare SWOT analysis for your business ( Strength, Weakness, Opportunity and Threat)? Do you get expert advice regarding your business model ( Financial, Marketing, Manufacturing etc.) You should be well aware of some laws (INDIA) before you plan for your business. Some the laws which directly or indirectly connected to your agribusiness are as follows; Factories Act, 1948 Indian Contract Act, 1872 The Companies Act, 1956 Minimum Wages Act, 1948 Trade and merchandise Marks Act, 1958 Monopolies and Restrictive Trade Practices Act, 1969 The water (Prevention and Control of Pollution) Act, 1974 The Air (Prevention and Control of pollution ) Act, 1981 Sick Industrial Companies (Special provision) Act, 1985 Environment protection Act, 1986 Consumer protection Act, 1986 Taxation laws covering Corporate tax, indirect taxes like Excise, Customs, Sales tax and Wealth tax) Food Safety and Standards Authority of India Act (FSSAI), 2006 You will have to register your business and get a proper license for business which will help you run your business smoothly and also create a proper brand value. There are different types of registration like Proprietorship, Partnership, Limited Liability Partnership, Private Limited, and Public Limited. There are many legal firm advisors who may help you in the registration and licensing processes. If you plan to do agribusiness in the organic sector, then obtain a license/certificate from PGS India for branding of your product. Also take the benefit of Jaivik Kheti Portal to market your product. READ: PARAMPARAGAT KRISHI VIKAS YOJNA (PKVY) Fund arrangement is the main criteria for starting a business. You may contact banks or other institutional agencies for taking out loans. You should check the rules and interest rates. A good business model helps banks to provide you loans quickly. Mostly agricultural loans in India are provided at lower interest rates. Check out any government subsidies (state or central) for your agribusiness. After all above procedures you need to set up and execute your business. Set up your office, purchase inputs, office stationery, arrange manpower, partnership with your stakeholders etc. All businesses have some limitations and opportunities but a successful business model and its proper execution will definitely make you profitable in the long run. Mushroom cultivation Poultry farming Spices production Beekeeping Medicinal herb cultivation Dairy business Black rice/ Brown rice cultivation Plant Nursery Agriclinic set up ( For farm consultancy) Seeds/fertilizer/pesticide/machinery shop Production of potato chips Oil plant cultivation Hydroponic retail store Biofloc fish farming Quality fruit and vegetable farming Tea cultivation Organic fertilizer business Storage/Transportation of agricultural products Conclusion Hope this article may guide you to set up your agribusiness. Agriculture is the most growing sector and also contributes to the nation's GDP. So let’s do proper research and start your business profitably. Thank you. 
A step by step guide to start an Agribusiness
Market research
B) Business plan
C) Laws and Regulations
D) Registration of business and get license
E) Fund arrangement
F) Final set up
List of top 20 agribusiness plans in India
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