From The Times of India:
West Bengal is the number one producer of cut flowers in India, with production of over 250 crore (roughly 10,000,000) cut flowers across India thereby clocking the highest compounded annual growth rate (CAGR) of over 597 percent during the five-year period of 2007-08 through 2011-12.
The research was published in a recently concluded study by apex industry body ASSOCHAM.
"West Bengal has also emerged numero uno with highest share of about 34 percent in production of over 740 crore cut flowers throughout the country as of financial year 2011-12, production of cut flowers in India is growing at a CAGR of over 14 percent," according to a study titled 'Value addition to rural economy: The promise of floriculture,' conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
"Festivals, weddings, large scale political functions and other special occasions are driving demand for cut flowers as they are mostly used for decorative purposes, as gifts/bouquets for formal events," said D.S. Rawat, national secretary general of ASSOCHAM while releasing the findings of the chamber's study.
"West Bengal has also emerged numero uno with highest share of about 34 percent in production of over 740 crore cut flowers throughout the country as of financial year 2011-12, production of cut flowers in India is growing at a CAGR of over 14 percent," according to a study titled 'Value addition to rural economy: The promise of floriculture,' conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
"Festivals, weddings, large scale political functions and other special occasions are driving demand for cut flowers as they are mostly used for decorative purposes, as gifts/bouquets for formal events," said D.S. Rawat, national secretary general of ASSOCHAM while releasing the findings of the chamber's study.
To read the full article, visit The Times of India's website.
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