Economies of Scale

Small and marginal farmers often struggle to buy inputs in bulk due to limited resources. However, when farmers unite under an Farmers Producer Companies, they can collectively purchase seeds, fertilizers, and equipment, taking advantage of economies of scale. This reduces costs and makes farming more profitable.

Risk Mitigation

Farming is susceptible to various risks such as weather uncertainties and price fluctuations.

Through FPCs, farmers can implement risk management strategies like crop insurance and diversification. This provides a safety net during difficult times and protects our livelihoods.

Government Support

The Indian government actively encourages the formation of Farmers Producer Companies and offers various incentives and support schemes. By being part of an Farmers Producer Organizations, farmers become eligible for financial assistance, infrastructure development, and capacity-building programs, which further strengthens our position.

If farmers are not able to understand whole process then, many agencies are there who support setup formers group as an entity. Heerglobal Agritech Collaborations Pvt. Ltd. is one of the leading company who working for farmers in India.

Process of Setting up a Farmers Producer Company

The process of setting up an FPC involves several simple steps: Form a Core Group as a starting point, gather like-minded farmers who are interested in forming an FPC. This core group will drive the formation process. Register Farmers Producer Company to make the FPC a legal entity, register it under the Companies Act, 2013, or the relevant state’s cooperative laws, depending on the type of FPC you wish to establish (producer company or organization).

Prepare the bylaws and memorandum that outline objectives, rights, and responsibilities of the FPC and its members.