Government initiatives such as upgrading of ~22,000 rural haats into Gramin Agricultural Markets, development of 1000 new FPOs, connecting additional 195,000 villages with paved roads by 2025, are expected to supplement the industry’s growth, as per findings released by Ken Research. 1. Government to set up 1,000 farmer producer organizations, ....
The Agricultural sector of India is undergoing a catalytic transformation. The industry is imbibing and adopting innovative technologies to improve the efficacies of farming operations, thereby enhancing yield. This has led the Agri-tech industry in India to grow at ~85% growth rate and the market is poised to reach ~11,000 Cr by the next five y ....
Indian Agri-tech industry revenue to reach more than INR 11,000 Cr by 2025 and witness a CAGR of 32.0% during 2020-2025., as per findings released by Ken Research . 1. Strong Already Existing Infrastructure Sets the Path for The Agritech Market Revenue to Reach Almost INR 11,000 Cr By 2025. To Know More Other Infrastructure Projec ....
India's agritech sector has grown significantly as a result of increased investor interest in the industry, decreasing post-harvest and supply chain losses, increasing rural internet penetration, and other factors. It is thought to have a bright future, especially as it integrates with tech entrepreneurs. 1. Presence of Large Number o ....
In the economic growth, the agriculture plays a crucial role of some of the greatest nations in the India. With continuously increasing populace and increasing requirement of agricultural output to meet the rising requirement, the investments in the agriculture technology solutions have been increasing at an impressive pace around the world. Acc ....
Agriculture plays a crucial role in the economic growth of some of the greatest nations in the India. With uninterruptedly increasing population and growing requirement of agricultural output to encounter the growing requirement, the investments in agriculture technology solutions have been increasing at an impressive pace in India. According to ....
The agriculture sector is a major driven factor for Indian economy. India’s agricultural sector is also a largest producer of spices, tea, cashew, pulses, maize, wheat, rice, cotton, fruits and among others. Agri-Tech is generally defined as an ecosystem of players leveraging technology to offer the products or services in order to augment the ove ....
How is The Agritech Industry Positioned in India? India is traditionally an agrarian economy. Agriculture accounts for ~% of the total employment in India and contributes ~% of the country’s GDP. In FY’2020, the agri products market in India on the basis of volume was valued at ~ Million tones with the Gross Value Added by the Sector amounting ....
Rising Number of Agritech Startups: The number of agritech startups in India has increased from ~350+ in 2017 to over 600 startups by the end of 2020. Most startups were incepted during 2015-2016 later. 2015 alone saw the emergence of ~117 agritech companies. Karnataka, Maharashtra and Delhi-NCR are home to maximum number of agritech startups ....
The outbreak of the Corona Virus pandemic in early 2020 led to massive disruptions in various sectors and completely transformed the way industries used to function. As of April 27, 2021, the number of cases across the globe crossed 148 million and more than 3.12 million people lost their lives. India is one of the most badly hit nations due to th ....
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