BW Businessworld – Online

Human beings have integrated agriculture with technology since thousands of years. Be it using animals for on-field labour, or more recently using High Yielding Variety (HYV) of seeds, there has always been massive improvisation in on-farm work. Over a period of time farming has moved away from an activity of mere sustenance to one of trans-national importance with lucrative economic remunerations. For instance, the Department for Promotion of Industry and Internal Trade (DPIIT) states that the Indian food processing industry has drawn in Foreign Direct Investment (FDI) of USD 10.24 bn across 20 years, between April 2000 and December last year. With rising numbers, turning a blind eye to new developments is a self-kick-in-the-bucket. New ...

CNBC TV18 – Online

With an investment of $272 billion in agritech and allied segments by 2030, India can generate $813 billion in revenue, creating 152 million jobs, making it the largest private sector industry in the country, according to a report. With agriculture remaining the mainstay of the Indian economy, investment in agritech and allied segments can transform the face of Indian agriculture with far-reaching implications for food security and sustainable farming solutions, according to a report titled ‘Investing for Impact: Food, Agri and Agritech’ by Aspire Impact. In the past decade, India attracted about $9 billion in foreign direct investments (FDIs) in the agriculture sector, said Amit Bhatia, founder of Aspire Circle and creator, Impact Future ...