Agriculture is now likely to be revived by new entrepreneurs
A couple of days ago, I was chatting with a few people who are employed in IT. Most of them are very young and are employed either in Hyderabad or Chennai. They work with big companies.However, when discussing their future plans, two of them, now aged around 37, opined that they would go into agriculture in five years' time. They had already invested money in it and their relatives who were formerly employed in IT had brought farms somewhere in AP, around 100 kilometers from Hyderabad ( am not able to understand where this place is), and are happily settled there. Of course, they still have houses in Hyderabad, but these have now been rented out.
They pointed out that growing some vegetables and some spices is now a profitable business, as they have bulk buying arrangements and a sure market from the mini supermarkets.
Is this a new firm trend? Or is it just a case of a few people? However, there are too many entrepreneurs in and around Chennai, now 45 and above, who are actively engaged in agriculture, at least one hundred kilometers from the metropolis. Of course, they seem to have some local support from the farmers. There are at least six YouTube videos in Tamil on such entrepreneurs.