Question Answer
As we all can notice, the nature of agribusiness in India has changed a lot in the last few years. This is because the food habits of the people have changed. What are these changes ? The consumption of high value food like fruits, vegetables, fishery and livestock has increased. Hence, farmers are shifting attention to these. The demand for processed food and ready-to-eat food has increased. Hence, agro business has become a lucrative option. The use of genetically modified seeds has started giving bumper crops and 60% of the same is sold as processed food in local and foreign markets.
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