Market growth of the Agricultural Sector in India in 2016

Agriculture plays a vital role in India’s economy. 58 percent of the rural households depend on agriculture as their principal means of livelihood. Not only agriculture but also  agricultural products in India play a vital role. Fisheries and forestry is one of the largest contributors to the Gross Domestic Product (GDP).

As of 2016, the share of agriculture and allied sectors (agriculture, livestock, forestry and fishery) is 15.35% of the Gross Value Added (GVA).

India is the largest producer, consumer and exporter of spices and spice products. Initially, vegetable production was very high. But since few years, fruit production has taken over. India has become the second largest fruit producer in the world. India’s horticultural output which comprises of fruits, vegetables and spices recorded to 283.5 million tonnes making it third in farm and agriculture outputs. Agricultural export constitutes 10 per cent of the country’s exports.

The  agriculture industry  in India is divided into several sub segments such as canned, dairy, processed, frozen food to fisheries, meat, poultry, and food grains.

Over the past years, many factors have come together to facilitate growth in the agricultural industry. The rise in the disposable income of the people, growth in the household income, consumption, expansion of the food processing industry and increase in agricultural exports has hastened the growth.

Many new trends are also being observed, some of which include rising private participation in Indian agriculture, growing organic farming and use of information technology.

The market size of the Indian agricultural industry is:

v Food grain production- 253.16 million tonnes

v Pulse production- 17.33 million tonnes

v Milk production (India is the largest producer of milk) - 146.3 million tonnes. It contributes to 18.5% of the total world milk production.

v India is the second largest producer of sugar, accounts for 14% of the global output. It is also the 6^th largest producer of sugar accounting for 2.76% of the global exports.

v Rice production- 30 million tonnes

Given the importance of the agricultural sector, the Government of India, in its budget for 2016-17 stated that it has planned several steps for sustainable development of agriculture. It also proposed a slew of measures will be taken to improve agriculture and increase farmer’s welfare.

In the next few years, the agriculture industry  is expected to generate better momentum and increased investments in agricultural infrastructure such as irrigation facilities, warehousing and cold storage.

India to export electronic components to Hong Kong

Hong Kong is the world’s eighth largest trading economy. At the moment, Hong Kong is looking at India as a good possibility to import electronic components. There are a large number of  electronic component exporters in IndiaNot only does the Hong Kong economy wish to import electronic components from India but will also encourage local companies to set up assembly plants with an aim of bolstering economic and business ties.

Hong Kong is looking at this as a win-win situation. A programme of exchange will be setup so that there is an understanding between the two countries and there will also be a signing of the double taxation agreement and investment protection treaty for promotion of trade and investment.

On the bilateral trade front, Hong Kong expects to see a rise in the exports to India, but see the imports from India to stay flat.

Hong Kong will be importing electronic parts and components from India to make consumer electronic products. Hong Kong is the largest manufacturer of telephones and mobile phones. With this parts imported from India, they are looking at manufacturing finished products.

The Hong Kong Trade Development Council (HKTDC) company said that local companies in Hong Kong can be encouraged to invest in India by setting up assembly plants to tap the big domestic market due to the rising income of the middle class.

Though Hong Kong is one of the biggest  manufacturers of consumer electronicproducts , it does not manufacture any of its parts. The parts were being imported earlier from China, the US, Japan, Korea, Taiwan, Malaysia. And this is where India can fit in now.

The Hong Kong Trade Development Council (HKTDC) feels that India excels in making good quality telecom components because of domestic research and large number of MNCs present.

With India exporting electronic components to Hong Kong, will boost the ‘Make in India’ initiative. To this, the Hong Kong government said that anything which turns into profit is great and in the coming years they are looking at selling more products to India. With some of the tariffs and import regulations being liberalised, exports of products will become easier.

HKTDC, established in 1966, is a statutory body dedicated to promoting Hong Kong’s trade in goods and services. 

Will the semiconductor industry bounce back?

Yes! It is true that the semiconductor industry serves as a driver, enabler and indicator of technological progress. Development in the industry determines the way we work, transport ourselves, communicate, entertain ourselves and respond to the environment. There are many technological advances that are driving the semiconductor industry.

According to International Data Corporation, year of year growth of the semiconductor industry is slowing down. It shifted from 7.1% in 2014 to 3.6% in 2015. Between the years 2016-2019, the compounded annual growth rate (CAGR) of the industry is expected to be 3.1%.

The semiconductor industry is finding it difficult to stimulate growth. Major players like Intel, NVidia and Ambarella are some of the main semiconductor players. Overall, worldwide semiconductor sales fell 0.2% on a year over a year basis largely due to the slowdown in China and currency overheads. Companies with high exposure to the PC market were also hit hard by low demand and weak holiday sales.

Meanwhile, Apple, a giant, reported its slowest growth in iPhone sales last quarter and further expects the sales to decline until the release of iPhone 7.

The biggest names impacted by this include Cirrus Logic and Qorvo. To combat this, many semiconductor giants are penetrating through online media for better business. They aim at selling :

                     semiconductor products online

On the bright side, companies associated with the gaming industry are enjoying robust growth.

Actually speaking the  semiconductor industry  is divided into six broad categories.

v Data processing: This comprises of chips used in servers, computers, printers, and related hardware. However, growth in this segment is moderated and no breakthrough innovation is expected in the near future.

v Communications: This comprises of chips used in wired and wireless communication equipment such as smartphones, tablets, and broadband equipment and  electronicproducts 

v Consumer electronics: This comprises of chips used in household appliances, LCD TVs, and gaming consoles.

v Industrial: This comprises of chips used in scanning devices such as bar code scanners and point-of-sale terminals and medical devices.

v Automotive: This comprises of chips used in electronic automotive components such as power steering and lighting.

v Military and civil aerospace: This is a specialized segment where integrated circuits related to a particular application are built.

Despite the ups and downs, analysts believe that the  semiconductor industry  is poised to rebound this year. Many of these names are aggressively pursuing high-growth sectors like 3-D printing or virtual reality. Later this year, we will also see the new iPhone 7 which could spur recovery for many of Apple’s suppliers.

Agriculture sector can be improved through Farm Machinery and Equipment

Agriculture sector can be improved through Farm Machinery and Equipment

Agriculture produce plays a major role in the Indian economy, contributing to 18.5% of national income. Agriculture export constitutes 15% of overall export. In the recent years, many factors including climatic conditions, green revolution, mixed farming and others have led to a significant growth of agriculture sector in India. Agro-industry, a term that refers to agriculture based industries, evolved with the use of machinery to enhance the output of agriculture sector.

Green revolution and farm machinery

Until 1960’s only a limited segment of farmers use the farm machinery. The reasons for limited use of the farm machinery are

• Horsepower of tractor mismatches with the soil or land of cultivation.
• Cost criteria
• No awareness of farm machinery
• Lack of sprinklers and irrigation techniques.

Green revolution that was started in 1960’s led to change in the agriculture practice, introduced the use of advanced machinery to increase the productivity. The farm machinery then became an integral part of Indian agriculture, the tractor being the most used machine.

Use of Agriculture Machinery

Farm machinery and equipment are two important factors that directly relates to agriculture production and productivity enhancement. Though the adoption of farm machinery has enhanced the farm outputs, still the level of mechanization of agriculture remains low in India. Most commonly used farm machinery in India are tractors, tillers, combine harvestors, reapers, seed drillers, threshers, disc ploughs, powder duster, and cultivator.

Benefits of farm mechanization

In developing countries, per acre yield is comparatively lower to the per acre yield of developed countries. Considering the performance of farm machines, many developing countries are opting and supporting farmers to buy and implement mechanization in farming.

Some of the important facts that make farm mechanization a much-needed one are as follows.

• Increases the cultivable area by using machines such as tractors, bulldozers.
• Tube wells to increase the irrigation and thereby increase cultivation and result in high productivity of crops.
• Ease the transport of agriculture products by using the tractors to transport the produce from one place to another.
• Reduction in cost as machines are used it reduces the cost of farming and increases the profit margin of farmers.
• Increase in efficiency by use of machines the efficiency of the worker is increased and thus rises the output per worker.
• Production is dependent on natural conditions using machines it is possible to recover and get more qualified products.

The use of machinery increased, resulting in demand of high quality and efficient machinery manufacturers to fulfill the requirement of agriculture need. In 2000’s with The Internet, the online business grew faster. The farm machinery is no exception, as many manufacturers started to venture into online sale of farm equipment. Farm machinery and tools sales have seen a drastic change over the few decades. With the internet and big players in e-commerce the sourcing of farm machinery has become easier.

Farmmachinery online: The next big revolution in Farming

B2B e-commerce is next big thing which is going to bring a new revolution in farm machinery sales in the country. With smartphones going round every corner and technology growing exponentially, it is clear that many farms and agro machine manufacturers should think to invest and capitalize the online for increasing the sales. Global agriculture manufacturer AGCO has already started to invest in the social media to gain potential buyers. In India, the rise of B2B has encouraged manufacturers to use online to market, promote and sell their products. While many websites can be accessed in regional language, it is going to help many farmers across the country to choose farm machinery which is best in design, quality, and cost and buy a customized machine according to their requirements.

Wishing to be a part of the next big revolution in farm machinery, click here www.pepagora.com

Importance of solar energy

Many people these days are seen shifting from conventional sources of energy to alternative sources. Everybody wants to go green. Apart from the environmental benefits, it also has financial benefits. Solar energy is definitely the future trend of energy. Nowadays, many households have converted their homes to be powered by solar power. They are reaping all the advantages offered by the sun.

Solar energy is one of the best types of energy. It can be used to create electricity and run our homes or businesses. Buildings can also be heated by the thermal energy produced by the sun. Best of all is that solar energy is free and does not take a toll on the environment. To create solar energy, many types of solar cells and solar panels are used. There are multiple solar cell suppliers in India.

·        Solar energy can help in cutting down the electricity bill. The key reason why most homes and buildings convert their spaces into solar spaces is to take full advantage of solar energy. They use the sun to generate energy and it is free of cost. You can convert as many home appliances as you want to be operated on solar energy. This will result in significant savings.

·        Solar energy is also one of the most renewable resources. Electricity generated from fossil fuels will run out one day while electricity generated from the sun will last forever. It is a good alternative to replace fossil fuel. Solar power is renewable at absolutely no cost and lasts up to infinity.

·        It is environmental friendly. The pollution scenario in the world is getting worse. Solar energy reduces pollution in the environment and helps to save the earth. Solar panels have the ability to harness energy from the sun and convert it into electricity. It is harmless to the environment and is a major energy source.

·        Solar energy requires no maintenance. Once a solar plant has been installed, it can run efficiently for twenty to thirty years. Just a system check once a year is enough to make sure it is working fine. Apart from that it requires no checks. This means that the maintenance cost is also very low.

Therefore, the future of solar energy looks bright. It will be the primary source of energy. This will lead to a clean environment and healthier world. It is one of the only sources of energy that has the potential to allow technology and nature to coexist peacefully. 

5 camera trends in 2016 that could redefine photography

There are no two thoughts about the fact that digital photography is going through some exciting times. More and more digital camera suppliers have emerged. Traditional cameras are going through a major decline. The compact camera market has taken a massive hit. It is not just new technology that is changing photography but also the kind of cameras we want. As the years go by, we expect positive changes in digital photography. In the New Year, we hope to see changes in the way we can use our camera to take pictures and videos.

·        Big sensor compacts: We all had definitely accepted it that small cameras have small sensors. It was nearly impossible for us to imagine a normal point and shoot camera have picture quality of a digital SLR camera. But the reality might change soon. A high-end compact camera may have the controls and advanced features of a DSLR camera. High-end impact cameras usually use 1.7 inch sensors. But soon, we may have large sensors. Nikon camera suppliers have incorporated fixed focal length compacts with big sensors. Bigger sensor means bigger lenses.

·   DSLR might rest in peace:Compact system cameras might topple DSLRs. Any new technology can build momentum. Most compact cameras have features and designs that could provide good picture quality. But the only problem with compact cameras is not the technology but the design. Most compact shaped cameras are box shaped with the LCD display and no viewfinder. But the new CSC models have the viewfinder on the top to give DSLR feels. In 2016, people might realise that CSCs are better than DSLRs and more satisfying to use since it is compact, lightweight and smaller.

   

·        4k video:4K video is a big story now. Many leading smartphones have already rolled out this feature. 4k is nothing but ultra HD. The clarity and speed is amazing. It captures videos at 3,840 x 2,160 pixels. Though you have no intensions of shooting a 4k video, it can significantly have an impact on still photography. 4K videos need very large and fast memory cards. It also needs extremely fast computers to edit the footage later.

           Downsized lenses:Big sensors mean big lenses. The size of a lens is proportional to the area of the sensor. Big lenses make the camera bulky. The only way to save a lot of space is by using downsized lenses or increased use of the power zoom lenses.

·   Smart sensors: Smart sensors are those which provide support for various modes of operation and interfacing. It can easily switch between colour capture depth and resolution. It can bring about the necessary stability in a picture.

Therefore, these emerging camera trends are sure to give you the perfect picture. 

Modern Agricultural Machinery & Practices: Advancing the Development of Economy

Agriculture has a very important contribution towards the development of country’s economy. This is the kind of sector that feeds entire nation and also supports allied sectors. The growth and development of agricultural sector would have a positive impact on the entire economy. Here comes the agro based B2B portals into the picture.

Agricultural B2B portal provides an excellent platform to agricultural products exporters and different kinds of manufacturers like Beans manufacturers, Bonsai manufacturers, Charcoal manufacturers and Cigarettes manufacturers etc. These agricultural product manufacturers need to attract a number of clients/customers for a flourishing industry. Indian economy largely depends upon the exports and imports of agricultural products.

 Nation’s growth depends upon the health of citizens. Healthy and rich diet makes citizen hale & hearty. They can able to contribute towards national development. Therefore it is quite important to introduce new technologies and upgrade the tools/technique implemented in agricultural fields.

Agro machinery and equipments should be of hi-tech in nature. They are vital tools & devices which make the cultivation of crops possible in large quantity. Farmers should have access to latest knowledge about the subject and suitable way of selecting the agro machinery & equipments. Heavy farm machineries like tractors, sowing & planting machine, crops harvesting and processing machines as well as irrigation system are different kinds of agro equipments.

Nowadays latest agro equipments/devices have replaced the use of traditional methods. These days’ modern agricultural devices require less number of manpower & labour. Thus it ensures completion of task at much faster rate.  Irrigation system has also become upgraded & ensures wide field area can be drenched.

Many third world nations still practice the conventional methodologies. This would result to lower production of crops and likelihood chances of destruction due uncertainty in weather. Thus we can say that efficiency and reduced manpower are the two important determining factors. Agricultural activity including ploughs, axes, powrahs, cultivators, threshers, chaffcutter machines, seed drills etc. A wide variety of agricultural practices are also used as attachment to the heavy farm machinery like tractors.

Revamped technology and innovative thinking have generated creative agricultural equipments. They have huge hand in aiding the agricultural processes and operations. Farmers and cultivators should be efficiently trained and made aware about the latest equipments and farming methodologies.

Pepagora.com is one of the world’s leading B2B portals in the world. It deals with wide range of agricultural products such as Agricultural & Gardening Tools,  Agricultural Growing Media, Agricultural Product Stock, Agricultural Waste, Agrochemicals & Pesticides, Beans, Bonsai, Animal Extract, Agriculture & By Product Agents, Agriculture Products Processing, Agriculture Projects, Animal Feed, Aquaculture Equipment,  Bamboo Products, Animal Husbandry Equipment, Bamboo Raw Materials, Charcoal, Cigarettes, Cigars, Coffee Beans, Digging Tools, Eggs, Farm Machinery & Equipment, Peanut Oil, Castor Oil, 100% certified bio virgin organic coconut oil, thermal fogging machine for pest control,  Asafoetida Solid, Seed and Oil Seeds and Spices.