Media Monitor
Agriculture Industry
Indian Agriculture Thrives Despite Extreme Heatwave; Grew by 4.1% in Marchedit
Krishi Jagran – Online
Despite a severe heatwave that reduced wheat yields and the agricultural ministry lowering its cotton harvest expectation in the latest estimate announced earlier this month, the farm and allied sector grew by 4.1 percent in the March quarter and remained a bright spot in the GDP numbers. However, a slight and inconducive contraction in manufacturing in the fourth quarter of FY22 does not speak well for the promise of a swift and sharp reversal in private spending. In the first months of the last quarter, manufacturing growth slowed to 0.2 percent, compared to 0.3 percent the previous quarter, due to high input costs, complex global supply chains, and Covid-induced mobility restrictions. Furthermore, manufacturing contracted as ...
CLAAS Global Mentions
Is CLAAS going electric?edit
RFD TV – Online
High fuel prices have an ag equipment giant exploring options, including electric farm vehicles. CLAAS North America admits it will be a slow transition as infrastructure has to catch up. Right now, very few farmers have charging stations on their farms, and manufacturers would need to develop technology that could keep large machines running for 12 to 18 hours. For now, the main focus is on more fuel-efficient diesel engines.
Competition
PUNNI emerges as a leading agriculture machinery manufacturing brand in Indiaedit
Mid-Day – Online
The agriculture industry in India has been growing at an exponential rate over the years having introduced many interesting products and services which have benefited those involved in the field in many ways. Technology has been on a constant rise which has encouraged many players to bring out extraordinary ideas which have helped them build brands which have been recognised the world over. One such brand which has made its impact by bringing on many products related to the agriculture zone is PUNNI which is owned by Vishavkarma Engineering Works. PUNNI is based out of Haryana, India, and has steadily risen to become one of the most promising brands around the agriculture sector. People associated with ...
Domestic sales of M&M tractors grow 50% to 34,153 units in Mayedit
ET Auto – Online
Mahindra & Mahindra (M&M) on Wednesday reported a 50% growth in its domestic tractor sales to 34,153 units in May 2022. The company had sold 22,843 units in May 2021, M&M said in a statement. Total sales also jumped 48% to 35,722 units in May this year compared to 24,184 units in the year-ago month, it added. Exports during the month stood at 1,569 units, compared to 1,341 units in May last year, up 17%, the company said. According to Hemant Sikka, M&M President, Farm Equipment Sector, this is on the back of the 51% growth achieved in April 2022. “With the timely arrival of the south-west monsoon and forecast of a normal monsoon, the ...
Technology in Agriculture
Use of AI, tech can address challenges in Indian agriculture sector, says new reportedit
The Economic Times – Online
Even as agriculture remains a priority sector accounting for the livelihoods of around 58 per cent of the country’s population, adoption of technology in the sector is at a transitory juncture and faces several challenges across the value chain, according to a report. Though agriculture in India is at a transitory juncture, with a focus on integration of technologies for better operations, the sector faces several challenges across the value chain, said a report by PwC and FICCI. The report titled ‘Redefining agriculture through artificial intelligence: Predicting the unpredictable’ said that these challenges require disruptive interferences which can be provided by technological solutions. The entire system needs to adapt to a holistic approach which ...
Stubble Burning
Biomass electricity: New boiler technology enables use of all agricultural residueedit
DownToEarth – Online
Biomass-based electricity is gaining attention of regulators and policy makers, as the country moves towards power generation that is not carbon-intensive. A new technology introduced this year that accommodates all kinds of agricultural residue to be used as fuel can be cost-effective, greener and help reduce the burden of stubble. Around 2.6 per cent of the country’s electricity demand is met by biomass, according to the Union power ministry. The Union Ministry of New and Renewable Energy (MNRE) announced central finance assistance for projects utilising biomass like bagasse, agro-based industrial residue, crop residues, wood produced through energy plantations, weeds as well as wood waste produced in industrial operations for power generation. The move was aimed at ...