Factor Analysis of Service Expectation of Farmer Producer Organization from Agribusiness Incubator

Abstract

This paper aimed to study the service expectation of Farmer Producer Organization from the Agribusiness incubator. The study was carried out with 60 FPO’s in Tamil Nadu. The data was collected through survey method using a well-structured online interview questionnaire. The exploratory factor analysis was carried out to reduce the data. The first factor named as which explained 25.37 percent of the variance, the second factor named as early stage business development services which explained 10.27 percent of the variance, the third factor named as business development services which explained 11.50 percent of the variance, the fourth factor named as physical infrastructural assistance which explained 2.21 percent of the variance. The obtained results of Exploratory Factor Analysis revealed that four factors such as market assistance services, early stage business development services, business development services and physical infrastructural assistance explained about 71.69 percent of the variance of factors with respect to service expectation of FPO's from the Business incubator.