A STUDY ON CURRENT MARKET POETNTIAL AND SCOPE FOR ADVANTA COTTON IN GUNTUR DISTRICT OF ANDHRAPRDESH
KrishiKosh
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Title |
A STUDY ON CURRENT MARKET POETNTIAL AND SCOPE FOR ADVANTA COTTON IN GUNTUR DISTRICT OF ANDHRAPRDESH
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Creator |
Sudhakar Naidu, G
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Contributor |
RADHIKA, P
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Subject |
CURRENT, MARKET, POTENTIAL, SCOPE, ADVANTA, COTTON, GUNTUR DISTRICT
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Description |
The project study was carried out in the Guntur district of Andhra Pradesh for Advanta India limited. The title of the project is “A Study on Current Market Potential and Scope for Advanta Cotton in Guntur District.” Objectives of the Project: 1. To understand the market potential for Hybrid Cotton Seed in Guntur District. 2. To study the perception of farmers and dealers with regard to Hybrid Cotton Seed in general and Advanta product in particular. 3. To Estimate the demand for Advanta Cotton Seed in Kharif season-2008 in Guntur district of Andhra Pradesh. Scope of the study: Indian seed industry is very huge with many players. There are some very big Multi National Companies in the market along with a number of domestic and small scale companies. The cotton seed is produced and marketed by a number of companies in the country. This study aims at identifying the market potential for the hybrids of Advanta India Ltd and analyzing the threats and possibilities the company possess in the cotton hybrid seed market. The study is aimed at providing an insight into the local hybrid cotton market of the study area. Major findings of the study: Among the sample farmers 59 farmers are in the age group of 46 and above, it constitutes percentage of 39.33.56 farmers are in the age group of 30 – 45 years and the remaining 35 farmers have less than 30 years of age. Out of the sample of 150 farmer’s majority (58) of the farmers have 5 to 10 schooling years in their educational life constituting 38.66%. Very few farmers (19) have collegiate education. Majority (94) of the sample farmers have less than 4 acres of cultivation land which constitutes a percentage of 62.66. Out of the total area of 820 acres which is under cultivation by the sample farmers 540 acres is under irrigated area and the remaining 280 acres is under rain fed cultivation constituting a percentage of 64.8 and 34.2 respectively. In the sample area the hybrids Mallika and Bunny are cultivated in 46% of the total area. Bhaskar is cultivated in 25% of the total area. Dhoom which is a hybrid of Advanta is cultivated in 82 acres constituting a percentage of 10 in the total area. Among the different factors considered by the farmers in purchasing cotton hybrids pest resistance is given paramount importance followed by high yields timely availability and the brand name. Among the total respondents of 150, 92 were aware of the Advanta cotton hybrids which constitute 62% of the total respondents. The farmers are fairly satisfied with the cultivation of Advanta hybrids, some level of dissatisfaction was found about the picking quality of these hybrids. The sample farmers prefer to buy Mallika as the first preference hybrid followed by Bhakar and Dhoom occupies 4th place in order of preference given by the farmers. Among different Advanta cotton hybrids Dhoom is cultivated by maximum number of farmers using Advanta seeds. Balaji and varun444 are cultivated by small number of farmers. Farmers are very much influenced by the field visit programmes conducted by Advanta India limited. Among the sample of 30 dealers 16 of them have more than 10 years of schooling years in their educational life. The sample dealers have an average experience of 14 years in seeds and pesticides business. Among the selected mandals for the study the Mandal Sattenapalli requires maximum quantity of hybrid seed followed by the Mandal Macherla. The difference in the quantity required can be attributed to the number of acres in the cultivation in respected mandals. Among different cotton hybrids Bhaskar was cultivated in 30 % of the total area under cotton cultivation in the last year. Mallika is also cultivated in 30% of the total area; the hybrids of many companies are cultivated in the remaining 40% area. Out of the total requirement of 501800 packets Advanta hybrids sales were 6000 packets which are nearly 12% of the total area. Factors like big boll size and suitability to the study area are responsible for sale of Advanta cotton hybrids. Suggestions made to the company: The company may ensure that adequate quantity of seeds are available at a appropriate time, so that the farmers will not switch over to other brands due to nonavailability of seeds at the right time. The company may assist the farmers in getting better market price which will enhance the status of the company in the minds of the farmers. The company can prepare the marketing strategies giving much importance to demonstration and trial plots and campaigns. The company may also focus on the promotional aspects as the hybrids are very good but are adopted in a small area. The company may give some incentives and benefits to the dealers so that the dealers will sell the products aggressively. The company can look into the matters of the promotional aspects carried out by the other companies and is advisable to follow aggressive marketing and promotional stratagies. The company has to take suitable measures regarding the supply of the seeds at the right time. The dealers have opined during the survey that they are not receiving the stocks at right time. They have felt that with the availability of seeds at right time there could be even more increase in the sales of the company’s product. Based on the study if the company release packet of 900 grams it would be convinient for the famers to use. So the company can think of it as a future straregy. |
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Date |
2016-07-30T14:41:10Z
2016-07-30T14:41:10Z 2008 |
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Type |
Thesis
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Identifier |
http://krishikosh.egranth.ac.in/handle/1/70324
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Language |
en
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Relation |
D8342;
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Format |
application/pdf
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Publisher |
ACHARYA N. G. RANGA AGRICULTURAL UNIVERSITY, RAJENDRANAGAR, HYDERABAD
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