"The rice export industry in India has traditionally relied on intermediary traders for the procurement of rice from local farmers. However, this study explores the hypothesis that vertical backward integration through contract farming can be a more profitable and sustainable option for rice export companies. The research involves a comprehensive analysis of the economic viability, quality control mechanisms, and supply chain transparency associated with both traditional trader-based procurement and the vertically integrated contract farming model.
"The study employs qualitative data collection methods. Financial analyses will be conducted to compare the profit margins of companies adopting vertical backward integration versus those relying on traders. Additionally, qualitative assessments will explore the quality assurance mechanisms, supply chain transparency, and long-term sustainability of each model.
"I'm excited to share that I've finished my internship program at HPM & SAAR Interprises! It was a hands-on experience, working on real projects that align with the company's goals. Learned from experienced professionals, developing new skills, and contributing to the team's success. This internship was a great opportunity for me to apply theoretical knowledge in a practical setting and take a step closer to achieving my career aspirations. I'm eager to learn, grow, and make the most of this experience!"