West Bengal had emerged as the top cut flower producer in the country of over 250 crore cut flowers clocking highest CAGR of 597 per cent from 2007-08 to 2011-12, industry body Assocham said.
A study conducted by Assocham said West Bengal had also emerged numero uno with highest share of about 34 per cent in production of over 740 crore cut flowers throughout the country as of financial year 2011-12.
The production of cut flowers in India is growing at a CAGR of over 14 per cent, according to a study titled "Value addition to rural economy: The promise of floriculture," conducted by the chamber.
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The state produces about 64,000 tonne loose flowers clocking a CAGR of over seven per cent during the aforesaid period. While loose flower production in India is growing at a CAGR of over 17 per cent as India produces over 16.5 lakh tonne loose flowers annually.
However, area under flower production in West Bengal has shrinked from about 27,000 hectares in 2007-08 to about 24,000 hectares in 2011-12 thereby registering fall at a CAGR of over three per cent, pointed out the study.