Business
AgroSpectrum
From Traditional to Tech-Driven: APAC Precision Farming Market Ripe for Growth
The Asia-Pacific Precision market is projected to grow at a compound annual growth rate (CAGR) of 16.4 per cent to reach $2.62 billion by 2026, according to a report by Markets and Markets. The increasing use of cloud-based technology, the growing adoption rate of modern farming techniques to enhance productivity and growing food demand are the major factors driving the precision agriculture market. The growing need to increase food production in the available agricultural land and government initiatives to increase the usage of modern technologies in agriculture are propelling the market growth. However, the requirement of high initial investment and lack of awareness among the farmers are becoming obstacles to growth. The silver lining, though, is that in the Asia-Pacific region, the precision farming industry is steadily taking root through joint ventures between global agri-tech players and local companies. Let’s explore further.
10 min |
AgroSpectrum India May 2024
AgroSpectrum
CIBA launches geospatial mapping project for sustainable aquaculture
The government of Maharashtra has allocated funding for a project titled ‘Geospatial mapping of potential zones for expanding responsible aquaculture in Maharashtra’ led by the ICAR-Central Institute of Brackishwater Aquaculture (CIBA), Chennai.
1 min |
AgroSpectrum India March 2023
AgroSpectrum
CSMIA air cargo operations soar 12% YoY in 2023
Chhatrapati Shivaji Maharaj International Airport (CSMIA) experienced an 87 per cent year-overyear (YoY) surge in e-commerce shipments during the 2023 festive season.
1 min |
AgroSpectrum India March 2023
AgroSpectrum
India climbs to 38th place on World Bank's Logistics Performance Index 2023
According to the World Bank's 'Logistics Performance Index Report (2023): Connecting to Compete 2023,' India has climbed to the 38th position out of 139 countries.
1 min |
AgroSpectrum India March 2023
AgroSpectrum
Global fisheries management body prioritises sustainable practices
A newly established global fisheries management body convened its inaugural meeting, addressing key agenda items such as the implementation of best practices for effective fisheries resource management and enhancements to the Food and Agriculture Organisation of the United Nations (FAO) methodology for assessing the status and health of marine fish stocks worldwide.
1 min |
AgroSpectrum India March 2023
AgroSpectrum
NITI Aayog unveils GROW report and portal for agroforestry, wasteland restoration
Professor Ramesh Chand, Member, NITI Aayog, unveiled the Greening and Restoration of Wasteland with Agroforestry (GROW) report and portal at NITI Aayog.
1 min |
AgroSpectrum India March 2023
AgroSpectrum
INI Farms and LuLu Group forge direct farm-to-retail alliance
In a significant development for the Indian Fruit and Vegetable (F&V)/horticulture sector, INI Farms, a part of the AgroStar group, has signed a Memorandum of Understanding (MoU) with LuLu Group International, to establish a direct farm-toretail partnership for the Indian Cavendish Bananas.
1 min |
AgroSpectrum India March 2023
AgroSpectrum
Centre unveils LMS, Helpline 14447, Krishi Rakshak and SARTHI portals
Arjun Munda, the Union Minister of Agriculture and Farmers Welfare, and Tribal Affairs, inaugurated several initiatives in Delhi aimed at assisting farmers.
1 min |
AgroSpectrum India March 2023
AgroSpectrum
Rise of Carbon Farming in India
Carbon farming that gives financial incentives is likely to be embraced by farmers in India where a large number of smallholder farmers are low-income earners. If the policy gradually shifts away from the subsidy-anchored posture, the rate of adoption will increase significantly.
5 min |
AgroSpectrum India March 2023
AgroSpectrum
How 'Framework for Voluntary Carbon Market' Will Benefit India?
The country's living environment is being harmed by modern Indian agriculture, which not only releases greenhouse gases into the atmosphere but also pollutes the air and depletes water supplies. Moreover, an uneven and overabundance of fertilizer application may lower agricultural output and ultimately jeopardize the nation's food security. Thankfully, carbon farming has the potential to address each of these issues. Given its large agricultural area and ample potential for environmental enhancement, India is expected to emerge as the primary hub for carbon farming credits in the coming years.
7 min |
AgroSpectrum India March 2023
AgroSpectrum
"Future of Indian biostimulants appears promising, offering a sustainable and vibrant agricultural landscape"
In the face of challenging climatic conditions and evolving global markets, 'Combine', the only biostimulant shown to have an ameliorating effect on all enzymatic activities, has been empowering grape farmers across the nation for the past 25 years. This product, from Godrej Agrovet Limited (GAVL), ensures exceptional grape quality, acting as a shield against unfavourable conditions and underscoring its pivotal role in integrated disease management. In an interaction with AgroSpectrum, Rajavelu N.K, CEO of Crop Protection Business at Godrej Agrovet Ltd, shares his insights on the challenges and opportunities for biostimulants in India and beyond. Edited excerpts:
4 min |
AgroSpectrum India March 2023
AgroSpectrum
"The tractor industry's 2024 performance outlook is positive"
With renowned brands like Case IH and New Holland, CNH Industrial, a global leader in equipment and services, provides comprehensive agriculture solutions, including machinery, implements, and digital technologies. CNH has been at the forefront of delivering cutting-edge technology to farmers nationwide. Celebrating its 25th anniversary, CNH recently showcased agricultural machinery, including balers, combine harvesters, and tractors, at its Greater Noida facility. Narinder Mittal, Country Manager & Managing Director, Agriculture Business – CNH Industrial India & SAARC, shares insights on India’s farm mechanisation industry with AgroSpectrum. Edited excerpts;
4 min |
AgroSpectrum India March 2023
AgroSpectrum
Networking platforms for women offer opportunities for collaboration, mentorship and knowledge exchange
In the ever-evolving world of agribusiness, women entrepreneurs are taking charge, driving innovation, and reshaping the sector.
1 min |
AgroSpectrum India March 2023
AgroSpectrum
As women actively participate, their empowerment becomes integral to realising India's agritech evolution
In India's ever-changing agritech landscape, today women are positioned to revolutionise the nation's traditional agricultural practices.
1 min |
AgroSpectrum India March 2023
AgroSpectrum
Overcoming traditional stereotypes, women are now active in critical aspects of agritech
While there’s a stronger emphasis on Diversity and Inclusion (D&I) in various agribusiness areas, there’s ample room to improve the inclusivity of the women workforce in skill development and adoption of labour-saving technologies for new or modified tool solutions, testing of product prototypes and finalisation of products for the market.
2 min |
AgroSpectrum India March 2023
AgroSpectrum
Empowerment without equal access to vital resources isn't possible
On International Women’s Day, it is pertinent to explore the burgeoning opportunities for women in agribusiness in 2024, a sector pivotal to India’s economy and undergoing a transformative phase of feminisation.
2 min |
AgroSpectrum India March 2023
AgroSpectrum
Stark disparity in land ownership hampers women's ability to expand and invest in agribusiness ventures
In recent years, there has been a paradigm shift in the agricultural landscape of India, with an increasing number of women making their mark in the traditionally male-dominated sector.
2 min |
AgroSpectrum India March 2023
AgroSpectrum
India's Voluntary Carbon Credit Market Gaining Attention
The voluntary carbon credit market in India’s agriculture sector is gradually gaining momentum, although it remains relatively nascent compared to other industries. This makes it an exciting field with substantial opportunities for growth. The value and recognition of agricultural projects within the carbon market, like those in other sectors, vary based on factors such as project scale, certification standards, associated co-benefits and market demand. The government recently launched the Framework for Voluntary Carbon Market in the agriculture sector.’ This framework is expected to simplify the process of entering domestic and international carbon markets for companies and support larger-scale projects.
6 min |
AgroSpectrum India March 2023
AgroSpectrum
"India presents vast opportunities for driving growth through innovative technologies to enhance productivity"
Plasma Water Solutions India, a 100 per cent subsidiary of Plasma Water Solutions Inc, USA, has established a robust service network through authorised partners. Currently, validation demo sites are operational in Uttar Pradesh, Telangana and Tamil Nadu, with plans for expansion into other regions. In conversation with AgroSpectrum, Pragya Kalia, Managing Director of Plasma Water Solutions India Pvt Ltd delves into how the company aims to catalyse growth in the agriculture sector by leveraging innovative technologies. Here are some edited excerpts:
1 min |
AgroSpectrum India March 2023
AgroSpectrum
'Nari Shakti' in Limelight
Women have taken remarkable strides in agriculture in India, ranging from agritech startups, agribusinesses, and R&D to academia.
2 min |
AgroSpectrum India March 2023
AgroSpectrum
Is SMART Farming A Smart Bet for India?
In the dynamic landscape of Indian agriculture, the dawn of smart farming technologies heralds a new era of innovation and efficiency. Recently, significant strides have been made in this sector, exemplified by Arya.ag’s, strategic partnership with Crystal Crop Protection Limited. This collaboration introduces a nationwide crop monitoring initiative powered by Arya.ag’s cutting-edge satellite crop monitoring tool, Prakshep”. Such initiatives underscore India’s commitment to advancing agricultural practices towards greater productivity and sustainability, a commitment further reinforced in India’s Interim Budget 2024. Let's look into more aspects related to the smart agriculture market in India.
9 min |
AgroSpectrum India March 2023
AgroSpectrum
IFFCO - Tetra Pak tie-up for sustainable production and packaging in Saudi Arabia
In a strategic move aligning with its Environmental, Social and Governance (ESG-based) plans in the Kingdom of Saudi Arabia, International Foodstuffs Co. (IFFCO Group) has entered into a Memorandum of Understanding (MoU) with Tetra Pak, the globally acclaimed food processing and packaging solutions company.
1 min |
AgroSpectrum India Feb 2024
AgroSpectrum
Aarti Industries inks supply contract of agrochemical intermediate with global giant
Aarti Industries Limited (AIL), a prominent global speciality chemicals company, has announced the signing of a 9-year long-term supply contract for a crucial agrochemical intermediate with a leading global agrochemical products and solutions company.
1 min |
AgroSpectrum India Feb 2024
AgroSpectrum
eFishery completes pilot project in India, eyes global expansion
Southeast Asia’s leading aquaculture company, eFishery, has achieved a significant milestone by completing its commercial pilot project in India.
1 min |
AgroSpectrum India Feb 2024
AgroSpectrum
BioPrime launches King Farmers Cohort Programme
BioPrime AgriSolutions, a leading biotechnology company specialising in developing cutting-edge agri-biologicals, has introduced the “King Farmers Cohort” programme, a revolutionary initiative aimed at empowering farmers with crop-specific, region-specific knowledge and skills.
1 min |
AgroSpectrum India Feb 2024
AgroSpectrum
How Lucrative is Shrimp Sector Despite Challenges?
India has demonstrated consistent and robust growth in shrimp exports over the last decade, supported by government focus and organic growth, and has established a dominant position in the global value chain.
5 min |
AgroSpectrum India Feb 2024
AgroSpectrum
Can AI Help Build a Secure Food System?
The incorporation of Artificial Intelligence (Al) in food production is likely to spark a debate about ethics and governance across the entire supply chain.
3 min |
AgroSpectrum India Feb 2024
AgroSpectrum
Blockchain and its Impact on the Agri Value Chain
The supply chain is always a complex task to manage the integrity, accountability, traceability, and quality of the products.
4 min |
AgroSpectrum India Feb 2024
AgroSpectrum
Booming HPAI-free Poultry Exports
India's poultry industry is poised for a significant boost as the World Organisation for Animal Health (WOAH) recently approved the country's self-declaration of freedom from Highly Pathogenic Avian Influenza (HPAI) in specific poultry compartments. This approval is expected to have a substantial impact on India's poultry exports.
5 min |
AgroSpectrum India Feb 2024
AgroSpectrum
"We are seeing marketplaces move to a phygital model"
Established in 2013, AgroStar stands as a pioneering AgTech startup in India, dedicated to the mission of \"Helping Farmers Win.\"
6 min |