Business Standard

Sunday, December 22, 2024 | 05:07 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

A sector with the potential to bloom

The government has recognised floriculture as an export-oriented sunrise industry though the bulk of its output is consumed in the domestic market due to steadily swelling local demand

Image
Premium

Surinder Sud
The commercial farming of flowers, technically called floriculture, which began in India in the early 1990s thanks to liberalisation of the seed policy in 1988, has developed into a distinct and relatively lucrative branch of agriculture under its horticulture sector. Its growth has been truly remarkable in the past two decades. While the area under floral crops has expanded 4.4 times since 2001, their production has risen 5.6 times. The government has recognised it as an export-oriented sunrise industry though the bulk of its output is consumed in the domestic market due to steadily swelling local demand. The growing trend
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in