Media Monitor
CLAAS Global Mentions
Farm machinery giant Claas pulls in profits boostedit
The Press and Journal – Online
The latest accounts for the company reveal a 3.7% increase in turnover to 4.04 billion euros (£3.59bn) for the year to September 30, 2020.
Pre-tax profits were also up by 16.5% on the year before to 158.1 million euros (£140.53m).
“Claas managed to achieve growth in sales and to improve profitability despite the pandemic and shutdowns in production,” said Thomas Böck, chairman of the Claas Group executive board.
“In the process, our widespread international presence has paid off.”
He said sales had exceeded four million euros for the first time and the company experienced strong growth in Russia and North America. “At around 20%, Claas achieved its strongest growth in sales outside of Europe, ...
Dairy Farming
Is Cattle Rearing Profitable in India?edit
Krishi Jagran – Online
Dairy farmers can earn a lot of money if they take care of their cows scientifically. We all know animal husbandry has been a profession in India for generations.
Milk is not the only source of income in cow husbandry. Cow dung and cow urine are highly sought-after items in organic farming. If the dung is dried and sold in bags, the villagers get up to Rs. 150 per sack. Cow urine and Panchagavya are similarly sold in the organic sector.
The farmer can generate income by giving milk at homes and in dairy groups. If you want, you can make more money in the form of value-added products like buttermilk, yoghurt and ghee. These are also in high demand ...
Technology in Agriculture
Cisco launches Agri Challenge to enable the agritech startup ecosystem in Indiaedit
YourStory – Online
The/Nudge Centre for Social Innovation, in association with the government of India, is organising the ‘Cisco Agri Challenge’. This programme is looking for agritech startups to innovate and find solutions for 10 million small farmers. With a prize purse of Rs 2 crore, the challenge will run in stages for 12 months. It is aimed at helping startups develop, test, and scale solutions. The objective is to alleviate the issues of low incomes and diminishing profitability of farming in India.
Agripreneurs add flavour to mint farmingedit
The Hindu Business Line – Online
The first time Amandeep Panwar, 26, and Rishabh Choudhary, 27, stepped into a farm was in 2015 when they needed acres of open space to fly the drones they had built as part of their final-year aeronautical engineering project. Today, Panwar and Choudhary — who struck up a friendship as classmates at a Lucknow college — run BharatRohan, an agriculture-technology (ag-tech) start-up that scientists at Council for Scientific and Industrial Research (CSIR) and Indian Council for Agriculture Research (ICAR) say could be one of the hottest prospects in the farming sector.
BharatRohan, that was founded in 2016 and began commercial operations a little over a year ago, uses hyperspectral imaging, one of the most ...
Cisco along with govt launches competition to attract agri-tech start upsedit
LiveMint – Online
Cisco and The/Nudge Centre for Social Innovation, in association with the Government of India, has announced the ‘Cisco Agri Challenge’ to discover ground-breaking agritech solutions that can help small and marginal farmers improve their farm production and income opportunities.
The challenge has a prize purse of ₹2 crore and it will run for a year, during which participants will receive seed funding based on their pitch and performance, admittance to communities for pilots and access to relevant research and knowledge assets that can help them improve their solutions. Winners of the challenge will be announced in February 2022.
[Podcast] Mark Kahn of Omnivore on the evolution and future of agritech in Indiaedit
YourStory – Online
Taking cues from a top-down structural approach, the agritech industry has many layers to it. On top of them, however, like every other major industry, financial services is also a critical part of agritech. However, it is largely unorganised and has plenty of room for disruption. Most farmers in the country do not have access to credit-based lending facilities and startups like Samunnati are attempting to fill that gap. Mark Kahn, the Founding Partner of agritech-focused impact venture fund Omnivore, chats with Prashanth Prakash and Anand Daniel of Accel, discussing the trends in agritech in India.
Govt. Policies
Agriculture reforms, agility in pharma among key Atmanirbhar pillars: PMedit
The Times of India – Online
Reforms in the agricultural sector, in the last six months, have started giving benefits to the farmers, Prime Minister Narendra Modi said on Saturday. Addressing the ASSOCHAM Foundation week, the PM asked the industry to invest more in the R&D in areas such as agriculture, space and defence to make India ‘Aatmanirbhar’ as fast as possible.
“Benefits of agricultural reforms which had begun six months, have started reaching the farmers”, the Prime Minister said, touching upon a range of issues, including vaccine against Covid-19 pandemic, corporate governance, research and development, improving rural economy and renewed interest of global investors in India. The Prime Minister’s address was attended by India’s top industry leaders, including Ratan ...
New farm laws will help farmers in accessing new markets and technology: PM Modiedit
Goa Chronicle – Online
Prime Minister Narendra Modi on Saturday sought to remove any apprehensions about the farm sector reforms his government has launched, saying the laws are aimed at taking down the walls between agriculture and allied sectors, and bringing in more investment and help farmers in accessing new markets and technology.
He reaffirmed the government’s commitment to agriculture and said the reforms were part of the wider reform process to build bridges among different sectors of the economy.
Stressing that sectors need bridges and not walls, he said the reforms would take down the old barriers built around agriculture and allied industries such as food processing and cold storage.