AgriTech Startups propel Indian agri to $25 Bn target Despite COVID-19, the agri-tech startup sector has remained profitable across the country. As per the data revealed by the Ministry of Finance in its recently tabled Economic Survey, India’s agricultural sector has shown to be resilient. The Agriculture and Allied activities grew 3.4 per cent at constant prices during 2020- 21 (first advance estimate). There are more than 450 agri-tech startups (figures revealed by the Ministry of Agriculture & Farmers Welfare) in India across the value chain, leveraging the use of technology and innovation. India's agri-tech revolution is experiencing an exciting digital transformation. It intends to expand the use of emerging technology and innovative solutions throughout the value chain. Farmers no longer need to go anyplace because everything is available from the comfort of their own home via a smartphone app. This is the new face of agriculture in India. With wider-than-ever penetration of mobile networks, internet data plans at economical cost, reliable transaction systems, and evolving processes that are linked with real-time data, and real-time supply and demand monitoring, Indian agriculture is all set to grow like never before.
