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Case Download – Patel Farms: Drip irrigation, the ray of hope

£4.75

The case is intended to be taught in the class of Corporate Finance and/ or Financial Management for undergraduate, Master of Business Administration (MBA), and executive-level participants. It can also be used for teaching project finance in the subject of banking.

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Description

Synopsis

Mr. Rajesh Patel, the owner of Patel Farms was relying on rainwater for cultivation. Due to the weak monsoon season for the last several years, Mr. Patel needed to procure water from the outside. The situation worsened as there was a drastic rise in the cost of water. Mr. Patel’s son Rohit suggested installing a drip irrigation system. In early August 2021, Mr. Patel was considering whether to adopt drip irrigation or not.

Keywords

Agriculture, Drip Irrigation System (DIS), Capital Budgeting, Loan Amortization Schedule, Debt Service Coverage Ratio (DSCR)

Target Audience and Usage

The case is intended to be taught in the class of Corporate Finance and/ or Financial Management for undergraduate, Master of Business Administration (MBA), and executive-level participants. It can also be used for teaching project finance in the subject of banking.

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