{"title":"CHALLENGES FOR AGRICULTURE INDUSTRY COMPANIES IN INDIA TO CREATE A SUSTAINABLE BUSINESS MODEL","authors":"Amit Gupta, D. Ščeulovs, M. Ojasoo","doi":"10.3846/bm.2023.1082","DOIUrl":null,"url":null,"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.","PeriodicalId":346157,"journal":{"name":"International Scientific Conference „Business and Management“","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Scientific Conference „Business and Management“","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3846/bm.2023.1082","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
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.