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Why B2B TECH REVOLUTION is Imperative for Indian Agriculture
AgroSpectrum
|AgroSpectrum India Feb 2025
The agritech ecosystem offers a groundbreaking chance to boost agricultural efficiency by 25-35 percent, alongside adding $95 billion to the economy.
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Firms that prioritise technology integration today will enhance their ability to gain market share in the fast-expanding agritech industry. Agribusinesses that adopt these technologies now will be the ones influencing the future of agriculture in the days to come.
DHANASHREE MANDHANI, Founder and CEO, Salam Kisan
Technology is rapidly becoming the cornerstone of agricultural transformation, poised to create a $62.76 billion opportunity for agribusinesses by 2031. As global food demand surges to meet the needs of 9.8 billion people by 2050, traditional farming methods alone cannot deliver the required 70 percent increase in production. This gap presents a crucial opportunity for agribusinesses to leverage technology solutions that can revolutionise farming operations, optimise supply chains, and create sustainable growth at scale.
Agribusinesses are bridging this gap and bringing a paradigm shift in the agriculture sector with the integration of advanced technologies to bring operational efficiency. Leading companies are deploying artificial intelligence (AI), the Internet of Things (IoT), and drone technologies to create end-to-end solutions that benefit both their operations and their farming partners.
Why Tech Integration is Key
The technological revolution has created significant strategic advantages for B2B players across the agricultural sector. Agricultural corporations and startups are developing and deploying AI-powered systems not just for farm-level decisions but to optimise their entire supply chain - from procurement to distribution. Supply chain optimisation through real-time tracking and analytics has enabled agribusinesses to manage inventory more efficiently and reduce wastage substantially. Supply chain technology has also emerged as a critical investment area, with solutions focusing on traceability, quality management, and logistics optimization.
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