Potential of Agri-startups to increase the agricultural productivity in the country

  • Agri-tech is a sector that has a promising potential, as the sustainable growth of agriculture systems offers synergistic opportunities for collective growth of capital investment and agriculture.
  • With improvement in areas of technology, digitization and startup culture growing rapidly, there are many new ones entering the Indian startup ecosystem.
  • Agritech startups have a strong focus in solving real problems than perceived problems unlike other startups today, which is enough to loop in quantitative investment.
  • The Agri startups in India are providing information, techniques and efficiencies to farmers.
  • Over the last decade, the sector is being streamed with the stream of educated youth, fired by the ideas, passion and innovations to launch newer kinds of technology and business models to lift the face of agriculture from primitive to hi-tech one.
  • Startups are providing missing links in the agri value chain and delivering efficient products, technologies and services to the farmers on one hand and the consumers on the other hand,
  • Technology can play a disruptive role in input costs optimisation, farm management, precision farming, integrating financial services, value chain enhancement among many others, for agriculture and allied sectors such as livestock, fisheries and non-timber forest produce.
  • From ICT apps to farm automation and from weather forecasting to drone use and from inputs retailing and equipment renting to online vegetable marketing, and from smart poultry and dairy ventures to smart agriculture and from protected cultivation to innovative food processing and packaging, its proliferation of all innovations and technology driven powerful startups set to revolutionize the food and agriculture sector.
  • Modern techniques and methods will surely elevate agriculture to the next level and ease the burden on farmers. This therefore creates a huge scope for Agriculture Startups in the country.
  • Transformation of Agriculture to Agri-business is one of the important strategies where enterprising farmers practice profitable agriculture.
  • These startups are at present capable to address intrinsic challenges of Indian agriculture happening from the starting and are now able to offer right techniques, information, and efficiencies to small-scale farmers exclusively for pre-harvest operations and post-harvest use cases.