Today, India remains one of the world's largest and most diversified food producers, with agriculture accounting for more than 20 per cent of India's income and remaining a central part of the economy. India's agriculture sector boasts the second-largest agricultural land area in the world, generating employment for about half of the country's population.
The country has the largest area planted for wheat, rice, millet and cotton, and is the largest producer of milk, coconuts, black tea, ginger, turmeric, pulses and spices in the world. It is also the second-largest producer of fruits, vegetables, tea, farmed fish, cotton, sugarcane, wheat, rice and cashew nuts. The country accounts for 10 per cent and 24 per cent of the world's fruit and milk production, respectively.
The rise of agricultural technology in India has been fuelled by increased farmer awareness and rising internet and smartphone penetration in rural areas. Popular agricultural technology initiatives include ITC's e-Choupal and ITCMAARS, SBI's YONO Krishi and Mahindra's digital platform for tractor rental.
Esta historia es de la edición July 1, 2024 de Dalal Street Investment Journal.
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Esta historia es de la edición July 1, 2024 de Dalal Street Investment Journal.
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