Department of Business Management, Dr YS Parmar University of Horticulture and Forestry, Nauni, Solan-173230, HP
*Email for correspondence: piyush_uhf@yahoo.com
Online published on 25 July, 2018.
Marketing innovations in Indian agribusiness industry have resulted in massive growth over the last decade. This has led the management researchers to identify the factors enabling innovations and measure the performance of agro-based companies adopting such innovations for appropriate strategic moves for boosting further growth in the sector. The study highlights various new propositions of marketing orientation in the agribusiness sector, identifying the reasons for turnaround in the strategic outlook and structural changes in marketing of agricultural products over the last decade. The successful stories of various Indian agri-based firms encouraging marketing innovations, resulting in higher market growth and gaining competitive edge are also elaborated. Besides an overview of corporate opinion on the preparation and readiness of the firms to meet the future challenges resulted from innovative marketing practices is also presented.
Marketing innovations, marketing orientation, strategic outlook, competitive edge