AP farmers reap tobacco bonanza
A senior manager of a wealthy corporate house, who drove up in an Indica car for an important meeting with tobacco farmers in Rajahmundry town last week, arrived a bit late at the venue only to find himself in for a big surprise.
Most of the cars parked outside the venue premises were Ford ikons and Honda Citys. And virtually every single vehicle at the lot outranked his Indica.
Tobacco farmers of Andhra Pradesh have apparently had good income following record prices at auctions and most of them seem to have upgraded from the entry level Maruti 800s to bigger, swankier cars.
Talking to some of the farmers at the recent Tobacco Institute of India awards function in Rajahmundry, Business Line found out that they were not only investment-savvy, but also possessed a sound head on their shoulders.
