FPOs are collective entities formed by farmers to improve their bargaining ability and enhance their incomes by accessing better markets. These organizations assist farmers in pooling their resources, sharing knowledge, and implementing efficient agricultural practices.
Farmers come together to achieve economies of scale, negotiate better prices for their produce, and reduce transaction costs. FPOs give a platform for agricultural inputs, advanced technologies, and financial services, to foster inclusive and sustainable growth in the sector of agriculture. Through these FPOs, farmers will be able to transition from subsistence farming to market-oriented, and more profitable agriculture.