According to the National Investment Promotion and Facilitation Agency, the share of GVA of agriculture and allied sector to the total economy is around 18.8 per cent and in India's export of 10.4 per cent. Considering the high cropping intensity of 136 per cent and a significant contribution to total employment of 12.32, the value-added agricultural export offers significant opportunities. However, India also faces a series of challenges for the value-added export of agricultural products as depicted in the adjoining figure.
India's food processing sector currently operates at a suboptimal level, leading to a limited degree of value addition in this domain. As a consequence, the enhancement of value-added processes within the food processing industry remains relatively low. In India, the food processing sector faces challenges that hinder its ability to achieve optimal levels of value addition. These challenges include inadequate infrastructure, outdated technologies, inefficient supply chains, and a lack of modern processing facilities. These factors collectively contribute to a situation where the potential for adding value to food products is not fully realised. Resultantly, even in growing agricultural exports, trade of value-added agricultural exports remains low, indicated in the adjacent table.
هذه القصة مأخوذة من طبعة AgroSpectrum India Sep 2023 من AgroSpectrum.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة AgroSpectrum India Sep 2023 من AgroSpectrum.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Role of Future AgriTech-Microbots
India is one of the world's top producers of food, and its agricultural sector generates more than 20 per cent of its total GDP, highlighting the significance of agriculture to the nation's economy, according to McKinsey. However, there is an increasing awareness that the changing farming situation demands a comprehensive approach. While India continues to play an essential role in global food production, adopting this comprehensive view is critical to ensuring the agricultural sector's longterm survival in the face of changing environmental and economic forces.
"Sustainability is not an option; it is the only way forward"
Agrovision Foundation Round Table Discussion
"Precision agriculture and data-driven technologies such as satellite imagery are key to reducing costs and wastage"
The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), has developed the Agribusiness and Innovation Platform (AIP), for agricultural and agribusiness industries. AIP offers a nurturing and empowering atmosphere through its network of experienced mentors, investors, and stakeholders. In an exclusive interview with AgroSpectrum, Dr Dinesh Kumar Chauhan, the recentlyappointed CEO of ICRISAT's Agribusiness and Innovation Platform, discusses recent advancements in the AIP programme and how it can strengthen the agri-ecosystem. Edited excerpts:
Why Focus on Renewable Energy is Crucial for Indian Agri
The present government at the centre, is diligently plotting a course to reduce future imports of fossil fuels. To get there, the government is implementing many eco-friendly policies across many sectors, including transportation, energy, logistics, and cars. Similarly, this sustainable revolution is also having an impact on agriculture, which is one of India's most important sectors. Rural parts of India are set to benefit from solar pumps and grid-connected power plants thanks to initiatives like the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM). The world has understood the importance of renewable energy resources and safeguarding the environment at the same time. Let's explore the scope and implementation of renewable energy in the Indian agriculture sector.
Efforts to Dethrone Reigning King of SPICES?
As per the Spices Board of India the domestic spice market alone is valued at an astounding $10 billion, positioning India as the world's largest consumer of spices. With over 200 spices and value-added products exported to approximately 180 countries, India has undeniably risen as a global spice powerhouse, with exports totaling $4 billion. What's at stake here is of monumental value, one is the sheer economic worth of spices exports and second, and undeniably the most important, is the reputation of the country's exports. Let's unravel this latest controversy propped up against one of India's key exports.
Offsetting Extreme Weather Impact with TECH-DRIVEN INSURANCE
India, like many other countries, faces challenges such as weather fluctuations, pest attacks, erratic rainfall, and humidity, affecting agricultural produce. These factors lead to lower yields and income for farmers each year.
Centre directs NCCF and NAFED to procure 5 lakh tonnes of onion
In the current year, the government has directed The National Cooperative Consumers' Federation of India Ltd (NCCF) and National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) to initiate procurement of 5 lakh tonnes (LT) of onion for the buffer requirement directly from the farmers as Rabi-2024 harvest started arriving in the market.
APSEZ to acquire 56% stake in Gopalpur Port Ltd
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to purchase 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL).
FMC India launches innovative precision agriculture platform Arc farm intelligence
FMC India, an agricultural sciences company, has launched its innovative precision agriculture platform Arc farm intelligence in India.
IFFCO inks MoU with ACME to buy 2 LMT of commercial grade ammonia
Cooperative fertiliser major IFFCO has signed a memorandum of understanding (MoU) with renewable energy company ACME for supply of commercial-grade ammonia.
