India’s smart agriculture market is poised for remarkable growth, projected to achieve a compound annual growth rate (CAGR) of 13.38 per cent and is expected to garner a revenue of $886.21 million by 2028, according to insights from Inkwood Research. This trajectory is fuelled by several factors including the widespread adoption of the Internet of Things (IoT) technologies, advancements in analytics and supportive government initiatives. The segmentation of this market highlights various components and types, such as smart greenhouse systems, precision farming techniques, livestock monitoring solutions, and precision aquaculture methods.
Innovative technological solutions
One of the pivotal contributions of data-driven technologies to agriculture lies in the integration of AI-based sensors and IoT devices with farm machinery. This integration facilitates real-time monitoring and decision-making, empowering farmers with actionable insights to optimise crop yields and resource management. Arya.ag's partnership with Crystal Crop Protection Limited exemplifies this approach, aiming to equip farmers across key Indian states with data-driven strategies for sustainable farming practices and enhanced yields.
Furthermore, collaborations like the one between Zuari FarmHub and CropX Technologies underscore the industry's commitment to revolutionising farming practices through real-time monitoring and digital agronomic solutions. These initiatives not only enhance productivity but also underscore a broader commitment to sustainability in agriculture.
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Diese Geschichte stammt aus der AgroSpectrum India March 2023-Ausgabe von AgroSpectrum.
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Contribution of FPOs in Floriculture Export: Unlocking India's Potential
India's export economy has great potential in the floriculture sector, and FPOS are leading the way in harnessing this potential. India's floriculture FPOs can have a significant impact on increasing exports and empowering smallholder farmers, particularly women in rural areas, by embracing climate-smart practices, improving infrastructure, and strengthening market connections.
India Steps Up AGRI-EXPORT Resilience
India's agricultural exports touched $48.9 billion in 2023-24, registering an 8 per cent decline from $53.2 billion in 2022-23. The drop in agricultural exports was mainly due to the export ban on wheat, rice, sugar and onions. Meanwhile, out of 24 principal commodities of the Agricultural and Processed Food Products Export Development Authority (APEDA) 17 have recorded positive growth during the period, which included fresh fruit, buffalo meat, processed vegetables, basmati rice and banana.
Small farmers are the greatest asset to India's food security: PM Modi
Prime Minister Narendra Modi centre) along with other dignitaries at the inauguration of the 32nd International Conference of Agricultural Economists ICAE) at National Agricultural Science Centre NASC) Complex, in New Delhi on August 3, 2024.
Agri Budgeting Blues
Budgeting blues is a wonderful term to identify what you have and what is necessary to investigate the need. When one deciphers the current Budget specifically for the farm sector blues, there is little Khushi (Happiness) and more Gum (sadness).
Unlocking the Potential of Municipal Solid Waste
The more conventional methods of managing waste, such burning and landfilling, become unsustainable. Landfills, although still in widespread usage, are land-use intensive and provide long-term environmental hazards, such as methane emissions and groundwater contamination. Even while incineration is a good way to reduce trash volume, it is energy-intensive and emits dangerous emissions. Cities are looking for new and creative approaches to manage garbage sustainably as conventional approaches become less practical.
Why Energy Transition Financing is Crucial for India
The whole world is badly hit by the cost of energy, including fuel, due to the ongoing geo-political issues. India’s net oil and gas import bill reportedly stood at 122 billion for 2023-24. The Indian economy is the fastest growing economy and estimated to grow between 6.8 and 7.2 per cent in the coming years. No doubt the need for energy is ever increasing. India’s per capita electricity consumption is at 1200 units as compared to the USA which is 12000 units. Energy is a growth engine for any economy. In such a situation, focusing on Energy Transition is quite crucial, with significantly long term financing for 15-20 years in place.
Navigating Upstream Challenges in Bioenergy Sector
Bharat is at the cusp of a Green Energy Revolution’; and Bioenergy, including Biofuels, is a vital Energy Engine’ to contribute towards the Net Zero 2070 commitment made by India during COP26. Surely, we will get there with collective efforts and partnerships, as we move into COP29 at Azerbaijan this year and beyond and one is sanguine that Bharat will not only lead the 2nd Industrial Revolution but also initiate and lead the Green Energy Revolution’.
Why Ensuring Adequate Biomass Supply is Fraught with Challenges
In recent years, biomass has emerged as a promising source of bioenergy, offering carbon neutral and sustainable energy. Sourcing and procurement of feedstock in India, however, presents unique challenges due to varying agricultural land, infrastructure constraints and economic conditions. Let's take a closer look.
Leveraging Bioenergy to Revitalise Indian Economy
From the early use of fire and animal power that improved lives, to the present world with use of electricity and cleaner sustainable fuels for a multitude of purposes - energy has been the enabler of development.
Can Bioenergy Adoption End Stubble Burning Practise?
Rice is one of the primary agricultural produces in India and a major source of sustenance.
