One industry which has been blooming and making significant strides over the last few years is the Agriculture Technology domain. Although in its nascent stage, the Agritech sector is emerging as a strong growth driver when its comes to the economy of India.
With population increasing at an alarming rate, it has been reported that the agricultural output needs to grow at a whooping 60 percent rate by the year 2030. Hence, to attain this, technology will have a vital role in this juncture. Hence, every technology provider in the agriculture domain should start building a strong digital footprint so as to have a competitive edge which can enable them to meet the changing needs of both the farmers as well as the end-consumers.
Hence, here are some the technology that would significantly help the agriculture sector to grow and help sustain the increasing population:
Crop Monitoring Technologies
The very first step in improving the agriculture outcomes would be the adoption of crop monitoring technologies. Along with basic digitization to leverage data, focusing on on-farm data and agronomy management technology will significantly help farmers and other stakeholders to meet short/long-term goals.Technologies such as remote sensing and satellite with image recognition software will enable the users or the farm managers to examine the crops from anywhere in the world - The mobile applications would allow these managers to send advisors to farmers/growers in a real-time basis and assess the impact of the recommendations made by these various technologies.
