IndiaRetailBiz

The Indian government’s desire to improve growth of agriculture from 2% at present to 3-4% can be achieved by linking up the farmers with markets. And, organised retail has the potential connect farmers with consumers, averred Sunil Bharti Mittal, while talking to The Telegraph in an interview after taking the charge as President of industrialists’ elite club CII.

While companies are developing farmers related technologies, they are also investing in supply chains and organised food retail. Increased demand for food and other commodities has also resulted in a surge in private investment in the farm sector, he added.

While, amending state laws on agricultural marketing and allowing companies to buy directly from farmers are included in the CII’s 5-point agenda for the farm sector, we expect the government to also make major policy announcements for the same.

Sunil Bharti Mittal, is set to unveil a chain of retail stores across the country. His Bharti group has associated with the world’s biggest retailer Wal-Mart for this purpose.