Patel Farms: Drip irrigation, the ray of hope

Author: Kinjal Jethwani & Kumar Ramchandani
Publisher: International Journal of Instructional Cases


Abstract

IJIC, Volume 6 (2022)

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.

To purchase copies of this case, please click here.

Purchasing information: if purchasing this case to be taught in your classroom, please select the required number of copies when purchasing. Please note that photocopying of cases for distribution is strictly forbidden.

To promote your organisation via IJIC, please join us as a partner.