TAKING REINS of AGRIBIZ with pH TECH, TRADE & EMPOWERMENT

Agricultural technology has contributed to the growth of India's agriculture industry in many ways, including increased productivity, reduced environmental impact, and improved food security.

- Dipti Barve

The Indian government actively promotes agricultural modernisation and income enhancement for farmers through initiatives offering schemes, subsidies, and financial support for adopting agritech solutions. These measures aim to encourage farmers to embrace innovative technologies, fostering a more sustainable and efficient agricultural sector. The effects of adverse weather events on agriculture require resilient technologies. Agritech solutions that tackle problems like shrinking water supplies and shifting climate patterns are becoming increasingly significant. Adaptive technologies are required to provide security so that agricultural systems can endure and adjust to the changing climatic circumstances. The growing availability and affordability of internet connectivity in rural India has allowed for the widespread use of online platforms, data-driven solutions, and mobile applications in agriculture. Internet accessibility enables farmers to acquire critical information, track market prices, and receive real-time weather forecasts. As a result, farmers can make more informed decisions, increasing overall efficiency and productivity in agricultural techniques.

As a result of digitisation, farmers are more connected than ever, encouraging them to favour innovative technologies like cloud and IoT while implementing new agricultural ecosystems. Agribusiness marketplaces, biotechnology, sensing & IoT, and agricultural robotics are all examples of agritech aspects. Sensing technologies, IoT gadgets, innovative farming systems, and agricultural biotechnology are all receiving significant investments.

These technology expenditures are influenced by the growth of the agricultural technology sector and are a result of the emergence of agritech companies and the broad use of sensor-based technology.