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.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
No More Relying On Non-Renewable Energy Resources?
Cutting down on petroleum imports and rolling out effective eco-friendly policies across industries, especially the agri sector, is the key focus of the government.
Janssen PMP and Fresh Inset partner to commercialise Vidre+ freshness extension solution
Janssen PMP, a division of Janssen Pharmaceutica NV, and Fresh Inset have partnered to exclusively commercialise Fresh Inset's Vidre+ technology in Europe.
India and Denmark ink MoU on Green Shipping, Digitalisation, and Sustainable Development
India and Denmark's maritime relations continue to strengthen, with both nations working closely to advance sustainable maritime practices.
IIL launches multiple indigenous IVF media for embryo transfer of dairy animals
Indian Immunologicals Limited (IIL) announced the launch of \"Shashthi\" an indigenous InVitro Fertilization (IVF) media developed in collaboration with National Dairy Development Board (NDDB).
APEDA, LuLu Group ink MoU to promote horticulture produce in Middle East
Agricultural and Processed Food Products Export Development Authority (APEDA) has signed and exchanged a Memorandum of Understanding (MoU) with LuLu Group International for the promotion of Indian horticulture produce in Middle East markets and across the Gulf Cooperation Council LuLu MOU SIGNING LuLu (GCC) countries.
Weeds cause Rs 92,000 Cr worth loss in crop productivity: Study
A collaborative study by Dr NT Yaduraju, Dr M R Hegde and Dr AR Sadananda and the Federation of Seed Industry of India (FSII) discussed the various weed management practices using herbicides, mechanisation of weed removal, crop rotation, cover cropping, biological control among others that can lower costs by 40-60 per cent compared to traditional approaches.
BiofuelCircle launches first large-scale deployment of farm equipment in UP
BiofuelCircle, strengthened its commitment to empower rural India for generating wealth from agri-waste at an event 'Parali Se Ujjawal Bhavishya', held at the Ramnagar Biomass Bank in Barabanki, Uttar Pradesh. BiofuelCircle enables a participative ecosystem at rural level.
Crystal Crop Protection launches advance insecticide for maize and soybean
Crystal Crop Protection Limited, a leading agrochemical organisation, has launched Proclaim XTRA, its latest insecticide specifically formulated for maize and soybean.
CIFT, Kochi conducts first-drone-based marine mammal-fishery interaction study
The Central Institute of Fisheries Technology (CIFT), Kochi, has carried out a drone-based survey to study marine mammal fishery interaction.
ICRISAT conducts study on use of Spectral Matching Techniques for crop type mapping
In a recent effort to harness satellite data for countries with limited ground reference information, the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) conducted a study using Senegal as a model to test various algorithms.
