July 27, 2023

Technology in Agriculture

The era of agritech: Will it make India a farming powerhouse?edit

CNBC TV18 – Online

India has the highest dependence on agriculture amongst major economies. However, despite its significance, agriculture suffers from low productivity. But, there’s hope on the horizon.

Paddy in India

Syngenta India’s Innovative Insecticide Revolutionizes Paddy and Vegetable Farming 2023edit

Inventiva – Online

The leading provider of seeds and crop protection products in India, Syngenta, has introduced Incipio and Simodis, two plant protection products that efficiently control pests including leaf folder, stem borer, and sucking insects that significantly lower the yields of rice, cotton, and vegetable crops. According to Sushil Kumar, country head and managing director of Syngenta India, “the applications of these two insecticides could effectively reduce the number of applications by 40%, improving the quality of the produce as well as increasing the yield.”

Tractor industry

NBFCs with superior asset quality will continue to grow: Sanjiv Bajajedit

The Financial Express – Online

Bajaj Finance chairman Sanjiv Bajaj on Wednesday said the NBFCs with superior asset quality will continue to thrive amid increasing competition in the financial services sector even as company shareholders expressed concern over the entry of Jio Financial Services into the space with its deep-pockets. The Pune-based NBFC has announced a foray into tractor finance and microfinance as a part of its strategy to grow its rural business. Rural business contributed to 10% of the company’s total portfolio. The microfinance business will be launched in Q3 and tractor financing will be launched in Q4 of this fiscal, Jain said. “Rural business is a tremendous opportunity that needs to be built steadily,” he added.

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