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Selection of Consulting firms
This issue poses great problems to agri investors. Many consulting firms line up for supporting ventures. Many Chartered Accountant line up to support. Generally we see consultants carry a baggage as vendors of a technology like vertical farming, hydroponic system vendors, horticulture nursery, poly house farming, automation experts. In all these cases consultants aim at selling their products to earn a fat profit. All arguments will be in favour of said logic. It is very important and essential to exercise caution when consultants are technology and product vendors.
Further a consultant is more effective if he covers technology or agronomy, finance, legal aspects of business management, value addition and marketing strategies, banking norms and regulations. Multiple consultants for each of these fields working separately can not deliver results for certain.
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