The produce is offered to the Dodda Basavanna (Big Bull) of Basavanagudi during the two-day event which started on Monday.
Farmers from as far as Krishnagiri district in Tamil Nadu, Anantapur and Chittoor in Andhra Pradesh, Davangere, Shimoga and Hassan in Karnataka arrived two days ahead of the annual event.
Besides paying obeisance to the Basavanna, they also get good business every year. Looking at the arrivals this time, Basavanagudi corporator Katte Satyanarayana expected a business of Rs 10 crore to Rs 15 crore.
The Bull Temple Road was flooded with groundnuts and the spillover effect was seen in the nearby areas too as farmers had put up groundnut stalls on the footpath.
Basavanagudi MLA Ravi Subramanya who inaugurated the Parishe appealed to the visitors to make this year's fair plastic-free.
The major attraction of Parishe this year is the special decoration of the idol of Basavanna. Also, devotees coming to the temple will be given special prasada, he added.
At least 10 lakh people are likely to visit the fair and adequate security arrangements have been made, Subramanya said. Police help centres have been set up and ambulance service will also be made available.