Research Report – Agritech in India
This research report talks about various aspects impacting the technological and industrial revolution in the Indian Agritech Industry.
BISinfotech Research Team bring the most extensive report on Agritech in India. This research report talks about various aspects impacting the technological and industrial revolution in the Indian Agritech Industry. Agritech is generally used to describe an ecosystem of businesses and startup ventures that are leveraging technological improvements to offer goods or services for boosting production, and efficiency – both in terms of time and cost and profitability for farmers across the agriculture value chain.
The various segments within the agritech sector, which support the overall value chain are:
• Market linkage – farm inputs: Farmers can get inputs through physical infrastructure and a digital marketplace.
• Biotech: Study of the biology and genetics of plants and animals.
• Farming as a service: Pay-per-use farm equipment rentals.
• Mechanization and automation in agriculture: Industrial automation that uses equipment, tools, and robots for planting, handling raw materials, harvesting, etc.
• Precision agriculture and farm management: Improved productivity through the use of geospatial or weather data, IoT, sensors, robotics, etc.; farm management systems for resource and field management, etc.
• Farm infrastructure: Agricultural technologies, including drip irrigation, indoor-outdoor farming, greenhouse systems, and environmental controls like heating and ventilation, etc.
• Quality management and traceability: Handling of post-harvest products, investigation of its quality, production tracking, and storage and transportation traceability.
• Supply chain tech and output market linkage: Digital platform and physical infrastructure to handle post-harvest supply chain and connect farm output with the customers.
• Financial services: Facilities for purchasing inputs, equipment, etc., as well as crop insurance or reinsurance.
• Advisory/ Content: Information platforms online for agronomic, pricing, market information.