"United AP alone accounts for about 23.5 per cent of the loose flowers produced throughout the country in 2011-12.
"Loose flower production in the (erstwhile) state saw a compounded annual growth rate (CAGR) of over 38 per cent between 2007-08 and 2011-12," according to the study, 'Value addition to rural economy: The promise of Floriculture' conducted by Assocham.
Erstwhile AP also ranked fourth among states as it produced over 70 crore cut flowers and the state has a 9.5 per cent share in the over 740 crore cut flowers produced in India in 2011-12, highlighted the study prepared by Assocham's Economic Research Bureau (AERB).
"With over 1/4th share in area under flower production, United AP had highest area of over 64,000 hectares under flower production as of 2011-12, more than double of the 23,500 hectares in 2007-08," the study said.
"United AP's share in area under flower production across India also increased by over 11 per cent during the aforesaid period, that is, from about 14 per cent in 2007-08 to about 25 per cent in 2011-12," the study added.
"Festivals, weddings, large-scale political functions and other special occasions are driving the demand for flowers for decorative use," said Rawat.
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