The Role of FPOs and FPCs in Agriculture Industry
Farmer Producer Companies (FPCs) and Farmer Producer Organizations (FPOs) play a crucial role in empowering smallholder farmers to enhance their products and services while reducing risks. These cooperatives and organizations provide farmers with the opportunity to address common issues through technological solutions, explore new market prospects, and strengthen their presence in existing markets. By pooling capital, resources, and knowledge, FPOs and FPCs enable farmers to achieve economies of scale, streamlining processes, reducing costs, and ultimately improving their bargaining power in the marketplace.