Blog - Agritech

Agritech

The digital revolution is changing businesses across the world, and no sector including agriculture is immune. Farming has the opportunity to utilize technology to transform processes and working methods. There are big issues facing small farmers but there is also great opportunity – to transform the way in which they farm and at the same time transform their livelihood. Technology gives them access to global knowledge and expertise, to new approaches to sustainable land use, to new crop seeds, to new approaches to the deployment of labor.

Technology equals potential, this potential can help satisfy India’s desires to see farmers contribute more to the ending of poverty and hunger whilst at the same time seeing small farmers fairly rewarded for their efforts. We are seeing a new technological revolution leading to ‘Farming 4.0’ - fueled by the combination of traditional and emerging technologies such as the Internet of Things, Big Data & Predictive Analytics, Artificial intelligence & Machine Learning, Virtual and Augmented Reality, Global Positioning System & Geographic Information Systems, Drones & Autonomous Vehicles.

Growing use of digital technologies, in the pursuit for greater agriculture harvests, under safe environment defines Farming 4.0. It is a highly dynamic and rapidly evolving concept with big data centered predictive analytics, artificial intelligence and machine learning practices, cloud computing and cyber security which play a significant role in precision farming ecosystem. The key advantages of technological infusion into agriculture are

  • New technological interventions have impacted the farm productivity beyond profit. The effective usage of generating reliable, up-to-date data which is specific to location, apps being interfaced for the usage of the farmers, remote sensing, GIS, crop and soil health monitoring are some of the important initiatives that have seen a change in this approach for the farming community in enhancing productivity.
  • Digital technologies also guide crop and input selections, disease and pest management, domestic and export market scenarios, credit facilities, and weather advisories which have helped in efficient crop management and planning.
  • Uniting technology and training the farmer has an impact on implementing the tools which are helpful for effective mechanization and efficiency.
  • Agritech intervention has impacted the livelihood sustainability of the farming community. The data utilisation and analysis for real-time actionables on standing crops and cutting-edge technologies including Big Data, Artificial Intelligence, Geo-Tagging, Satellite Monitoring has helped the farming and trading community for effective management of the farm output and the market needs.
  • Hi-tech agriculture brings in the issue of upskilling the future of the farmers and other stakeholders in the supply chain. Drone applications have addressed the issues of precision farming and the requirement of minimum labor to a considerable extent.

With the changing demands of the consumer, agripreneurs and other stakeholders have to adopt efficient technological interventions to meet the quality and production demands of the market. A robust integration of farm and the digital economy is the need of the hour for Indian agriculture to advance into a new era.