International Scientific Conference „Business and Management“, 13th International Scientific Conference „Business and Management 2023“

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CHALLENGES FOR AGRICULTURE INDUSTRY COMPANIES IN INDIA TO CREATE A SUSTAINABLE BUSINESS MODEL
Amit Gupta, Deniss Sceulovs, Merle Ojasoo

Last modified: 2023-05-29

Abstract


This article explores sustainable business models in Indian agriculture, assessing sustainability levels through interviews and case studies. Findings show that companies primarily focus on profit creation, with low social and ecological sustainability. However, integrating sustainability elements leads to higher profitability and productivity. The study concludes that while Indian agriculture companies have not prioritized social and environmental aspects, they are increasingly adopting sustainability due to pressure from stakeholders, consumers, and the government.

DOI: https://doi.org/10.3846/bm.2023.1082


Keywords


sustainable agriculture, sustainable business model, social responsibility, agriculture productivity, sustainability in agriculture.

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