Why the Indian Flower Industry is Attracting Attention from

1. Imarc www.imarcgroup.com Consulting Services Why the Indian Flower Industry is Attracting Attention from Investors Published : May 2015 Copyright © 2015International Market Analysis Research & Consulting (IMARC). All Rights Reserved Contact US IMARC Group Email: Sales@imarcgroup..com Website: www.imarcgroup.com Phone: (US)+1-631-791-1145, (IND) 91-120-415-5099  Buy Now Request Sample Enquiry

2. About IMARC Group The International Market Analysis Research and Consulting Group is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights • Why the Indian Flower Industry is Attracting Attention from Investors • Modernisation, western influences, government initiatives and an increasing overseas demand has resulted in the growth of the flower industry in India. The Indian floriculture Industry is now undergoing a gradual shift from a highly unorganised sector to a professionally managed industry involving both Indian as well as International corporates. • The floriculture industry in India is still at its nascent stage and a large portion of its potential remains untapped. The Indian floriculture industry has shifted from traditional flowers to cut flowers, mainly for export purposes. The new report from IMARC Group titled, “Agriculture Industry in India: Market Segments, Key Drivers, Challenges, Market Trends and Regulations” finds that although export is the main motivating factor for the flower cultivators, the demand for local consumption is also increasing. Modernisation and the growing western cultural influences has resulted in the growth in demand for flowers amongst the consumers in India – especially the young – as they buy flowers on occasions like Valentine’s Day, Friendship day, etc. Apart from this, there is also a huge spurt in the demand for flowers during festivals. This growth in demand for flowers has impacted its retailing in India. Many shopping malls and large retailers have exclusive flower shops that witness demand round-the-year. The report states that in terms of rupee value, the industry has grown at a CAGR of nearly 28% in the last five years.

4. Indian Floriculture Industry

5. Currently, most of the flower cultivators entering the business seek to create a niche in the global market. Fresh flowers from India are being exported to several countries such as the USA, UK, Netherlands, Japan, Germany, etc. The credit for the growth in exports goes to the various initiatives introduced by the government. The floriculture industry has been identified as a priority sector by the government and has accorded it 100% ‘export oriented unit’ (EOU) status. It has also facilitated 100% foreign direct investment, encouraging joint ventures, a steady flow of capital and the establishment of state-of-the-art technologies for its cultivation, storage and transportation. As the opportunities for the floriculture industry in India is immense, certain measures to increase the reach and appeal of Indian flowers need to be taken. These measures include - improvement in the infrastructure for storage and transportation of flowers for the export market, conducting workshops to impart training on floriculture skills and new cultivation techniques, and entering into a strategic alliance with other industries - such as tourism, to promote floriculture products. This huge potential of the floriculture industry in India has attracted several big corporates such as Reliance, ITC, Tata Group, Thapar Group, etc. Their foray into this industry is driven by the growing demand by overseas retailers such as K-mart, Wal-mart, Sears, Sansbury, etc. As a result, it has become obvious that the floriculture industry in India is becoming a lucrative opportunity for potential investors. Apart from analysing the floriculture industry, the report also gives an insight into the market trends, market segments, drivers, challenges, opportunities, various sub-sectors, regulations, marketing requirements, etc. of the Indian agriculture industry. This report - which is based on both desk based research and multiple waves of qualitative primary research and is a must read for anyone who plans to venture into the Indian agriculture industry. Report Description and Highlights

6. Contacts • To buy the complete report or to get a free sample, please contact: • IMARC Group Asia • Email: apac@imarcgroup.com • Phone: +91-120-415-5099 • IMARC Group North America • Email: america@imarcgroup.com • Phone: +1-631-791-1145 • IMARC Group Europe, Middle East & Africa • Email: ema@imarcgroup.com • Phone: +44-702-409-7331 • To know more please visit: http://www.imarcgroup.com/agriculture-industry-in-india

7. Browse Related Reports: Biofertilizer (Azotobacter and Rhizobium) Manufacturing Plant Project Report: Industry Trends, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue - http://www.imarcgroup.com/biofertilizer-azotobacter-and-rhizobium-manufacturing-plant Indian Floriculture Market Report & Forecast: 2012-2017 - http://www.imarcgroup.com/flower-floriculture-industry-india Indian Agrochemicals Market Report & Forecast: 2012-2017 - http://www.imarcgroup.com/fertilizer-pesticide-agrochemical-industry-india

8. © 2015 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.