Submit :
News                      Photos                     Just In                     Debate Topic                     Latest News                    Articles                    Local News                    Blog Posts                     Pictures                    Reviews                    Recipes                    
  
Smart Knowledge & Agriculture Corridor: An investment opportunity envisaged by India & Japan
The initiatives of the Agriculture Corridor as visualized by Global Partnership Summit 2017 gives a massive impetus to not just agriculture but also of the ancillary industries.

This corridor presently includes 13 states and union territories of India namely the union territory of Chandigarh; and the states of Punjab, New Delhi, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Madhya Pradesh, Chattisgarh, Odisha, West Bengal and Jharkhand. This ambitious project is one of the major initiatives of the Global Partnership Summit.

This project will have the support of both the governments of Japan and India and will go a long way in strengthening the relationship between not just the two countries but all participants. It could contribute in a very big way to the economies of both Japan and India.

Japan with its advanced farming techniques would provide for this corridor to become a driving force to create not just a food surplus here but give a huge push to ancillary and other industries. A new development model that can be duplicated everywhere will be created. This will create job opportunities from the enormous infrastructure projects that will be built across this corridor.

Research institutions to improve crop yields will help millions of farmers to produce efficiently. The vast majority of India continues to work in the rural areas mainly agriculture. The corridor will give them the opportunity to create new means of livelihood.

The primary business will be to set up facilities for warehousing, cold storage centers, transport hubs and other services for farmers along the corridor. Once this is established, the wastage which at present is enormous by world standards would become minimized leading to an immediate surge in available food. The tech companies involved in this corridor will further enhance production levels which could then see a surplus in a few years that could either go to the more needy parts of the country of exported.

Exports to countries like Japan would also take an upswing as Japan is still a net importer of food. Businesses with Japan and other partner countries that come into this corridor would flourish not only locally but across many other areas.

The GPS will facilitate the partnerships between local industries and Foreign Direct Investments (FDI) for related businesses in this sector. The facilitation will include joint ventures, technology transfers and financial assistance to all that need it. A team will ensure that this is done on a sustainable basis and that the bottlenecks if any are taken care of with speed.

This corridor would generate business for a huge number of industries. As an example, the more people involved in the projects there would be a need for healthcare initiatives to be set up along the hubs.

Research institutions along the corridor will lead to more educational institutes being set up. The new development model will ensure that a sustainable and ecological growth pattern be established for people and businesses. India is a diverse country with many local cultures.

The corridor will become a new source of cooperation between these cultures and with the participation of Japan and other countries, a source of knowledge about the outside world, a winning situation for all the participants, viz., public, private and government.

Business across the corridor once it is active is going to become the biggest source of goods and services for the country. Prosperity within the corridor and outside too will be a given as the investments that would come in will be in the billions of dollars. An access to the huge population in these 13 states will become a prime attraction to the various business houses of not just India but collaborative efforts with all the partner countries.

India is now a big destination for almost everyone interested in the emerging market scenario as the growth potential for several decades is in countries like this. India also has one of the largest growth rates in the world beating many other emerging economies. This will continue and a business corridor like this will add to it attraction. Already policies are being tweaked constantly at the governmental level to aid and facilitate businesses across industry sectors. The other important factor is that the corridor envisages a sustainable environment for all.

COMMENTS (1)
Guest
Name
Email Id
Verification Code
Email me on reply to my comment
Email me when other CJs comment on this article
}
Sign in to set your preference
Advertisement
merinews for RTI activists


Advertisement
Not finding what you are looking for? Search here.