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Akshitha

Exploring startups, ... • 1y

"The Invincible Rice Business: Why Does It Never Run into Losses?" "My father, a seasoned entrepreneur in the rice industry, has always emphasized the resilience of the rice business. Despite market fluctuations, I've never seen him encounter losses. He often articulates various reasons behind this stability. Now, I'm curious to hear from others: Why do you think the rice business is consistently profitable? Let's delve into the intricacies of the rice market and see if our insights align with those of seasoned professionals."

10 Replies

Replies (10)

Tushar Sharma

Be real Be you. • 1y

Actually the same is true of every crop. Your father must be trader , where margins are probably high . The loss is majorly incurred by farmers who solemnly depend on the field growth and have to sell at the price set by market traders of local area or mandi where they don't have much option . But like your father - they have a huge marketplace to sell and yes with margins . As your bio states you are from Bangalore - the south region primary staple diet is rice and rice based , so there is always demand for that . Akshita no need to get offend , i was just sharing the knowledge which I had , and yes business is business. Keep it up .

2 Replies

LIKHITH

"You never know" • 1y

You earned another follower sister !

1 Reply

Nawal
•

SELF • 1y

Traders earns a great money in any industry, + pressure occured on farmer or people who manufacture or make it ..

1 Reply

LIKHITH

"You never know" • 1y

Nice insight !

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