Krishi Jagran – Online

SIETZ Technologies India started operation in its newly upgraded manufacturing plant located at Prithla Industrial Area near Faridabad, Haryana, India. The plant’s capacity has been extended in order to widen their SOILTECH brand’s farm implement portfolio.

The plant features state-of-the-art technology, aimed to expand the line of products, which, at present, includes disc harrows, MB ploughs, disc ploughs, and rotary tillers. The plant’s latest manufacturing assembly line is equipped to the entire process from fabrication to final product testing.

The new products in the pipeline include laser levelers, reversible ploughs, super seeders, and mulchers.

India Education Diary – Online

The Government has taken following steps to educate/train farmers across the country about the latest machinery and technology to improve quality of their crop as well as increase production and income by adopting latest technologies for cultivation.

The Government has established four Farm Machinery Training & Testing Institutes located at Budni (MP), Hissar (Haryana), Ananthapur (AP) and Biswanath Chariali (Assam) which are engaged in imparting training to various categories of trainees including farmers, in the field of Farm Mechanization. These institutes have trained 10065 trainees during last one year.

Down To Earth – Online

The question of future of Indian agriculture has been around for some time now since the agrarian distress and crisis in the sector. It has become important in the context of the spate of recent reforms that include permitting private wholesale markets, contract farming, direct purchase from farmers and land leasing across states both under the earlier state-level Acts, and now under the central Acts.

But before this question is answered, it is important to profile the Indian agricultural sector and its major stakeholders, that is, land operating farmers-owners, tenants or leases.

It is common knowledge that the farm production sector contributes only 13 per cent of the gross domestic product (GDP) and engages 44 per cent ...

Economic Times – Online

Agritech startups, many ush with funds raised recently, are set to go on a hiring spree this year. They’re carrying out aggressive expansion plans as the oldest business that employs more than half the country’s workforce increasingly embraces technology and innovations. The Economic Times spoke with half a dozen startups and a few agritech-focused venture funds, and all of them said they’re scaling up operations aggressively. Companies such as CropIn, Gramophone, Arya Collateral, Ergos, Samunnati, Ujjay, AgNext, Aquaconnect, and Agdhi plan to cumulatively hire at least 2,500 people — including talent from premier institutes such as Indian Institutes of Technology, Indian Institute of Science, and National Institutes of Technology — this year.

While much of the ...

Business Standard – Online

On a consolidated basis, Dhanuka Agritech reported 44.7% jump in net profit to Rs 40.04 crore on a 8.9% rise in revenue from operations to Rs 295.66 crore in Q3 FY21 over Q3 FY20.

Sequentially, the company’s net profit declined by 42.9% and revenue from operations contracted 33.2% over Q2 FY21.

“The demand of Group’s products depends on monsoon, pest infestation and crop patterns. Hence, there may be variations in the results from one period to another period, the company’s said in its notes to accounts.

Profit before tax in Q3 December 2020 stood at Rs 54.45 crore, up by 44.7% from Rs 37.62 crore in Q3 December 2019. Current tax outgo was higher by 35% ...