Navigating Challenges for Circular Grape Supply Chains: Blockchain, Business Ethics, and Socio-Economic Sustainability in Farmer Producer Companies of Maharashtra

Abstract

The adoption of circular economy principles and Blockchain technology presents a promising avenue for enhancing sustainability and efficiency within agricultural supply chains. This paper explores the intersection of circular grape supply chains, Blockchain technology, business ethics, and socio-economic sustainability, aiming to uncover synergies and implications for industry stakeholders. By analyzing existing literature and identifying gaps, this study sets the stage for future research in this critical domain. The research methodology employed a qualitative approach, utilizing in-depth interviews with stakeholders deeply engaged in grape supply chains in Maharashtra, including farmers and employees of Farmer Producer Companies (FPCs). Findings reveal complex challenges within the grape trade sector, ranging from operational inefficiencies to trust deficits and technological limitations. Key insights include the recognition among stakeholders of the potential benefits of Blockchain for transparency and traceability, albeit hindered by implementation complexities. Critical issues identified through interviews include fluctuating prices impacting farmer revenues, payment delays eroding trust, and the need for improved stakeholder engagement and collaboration. Stakeholders emphasized the necessity of user-friendly solutions and improved communication to facilitate technology adoption and sustainable partnerships. Looking forward, future research directions include exploring alternative governance structures, assessing the sustained impact of Blockchain adoption on supply chain efficiency, and analyzing policy frameworks to facilitate innovation and collaboration. Cross-sectoral collaborations could unlock transformative changes in agricultural supply chain management, driving positive outcomes for sustainability and efficiency.