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Siddhant Bhalinge

Siddhant Bhalinge is the Founder of

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Agri-Tech Industry: Its Advantages, Disadvantages and Future

The biggest setback of Agri-tech industry is that it needs a lot of research and development. Technological reforms can be implemented only after proper experiments so that nothing is at stake.

I have always believed that Indian Agriculture does not need external inputs. Instead, before devising solutions, one should take out some time to work with the farmers, understand their needs and then provide solutions. Recently there have been numerous technological reforms in the field of agriculture. Agri-tech is the term that has been coined for the same.

What is Agri-tech?

Agri-tech is a short form for “agricultural technology.” It involves using environmentally sound and sustainable farming methods in agriculture to increase yield, efficiency and profitability.

This could include equipment like water filters and water pumps or digital services like apps that connect buyers to sellers in the rural markets or heirloom seeds, chemical-free fertilizers, and smart agriculture techniques.

Advantages of Agri-tech

The Agri-tech reforms have many advantages. For example, both home gardeners and farmers are showing a considerable amount of interest in Organic Farming and growing their food. In this scenario Organic Fertilizers, Heirloom Seeds, preparing Compost and Mulch come into the picture. Agri-tech provides aid to this.

Secondly, more and more farmers are moving towards integrated farming. They are exploring honeybee and silkworm rearing, fish culture, etc. so that they are not dependent on a single occupation for income. With a combination of agriculture and technology farmers can explore many more activities.

By utilizing the technological advancements, people can start soilless agriculture i.e. Hydroponics and use nutrient solution instead of soil to grow crops.

Increases in the efficiency of farm: Farmers can grow many crops on a limited land. Each acre gets an adequate amount of seeds, fertilizers and timely water supply that ensures optimum yield.

Disadvantages of Agri-tech

The biggest setback of Agri-tech industry is that it needs a lot of research and development. Technological reforms can be implemented only after proper experiments so that nothing is at stake.

Secondly, it involves high capital. A significant and considerable amount of money is needed to accommodate machines, computers and educating the farmers to use the same. Lack of knowledge is the biggest challenge of the Agri-tech industry. With a huge rural population involved in this occupation, people do not have the means of educating themselves to use Agri-tech methods.

Future of Agri-tech industry:

Talking about the future of Agri-tech industry, I would imply that the agricultural sector is and will probably remain unpredictable. As such, the best outcome for the farmers in India would be if start-ups continue to ride the investment wave and solve real problems and not perceived ones.

Future agri-tech will focus on more sustainable methods of production, moving away from the western-influenced chemical heavy methods of today. This will happen when problems faced by small-scale farmers receive the attention that they need. It is important that sometimes is spent with farmers before suggesting solutions.

Finally, the biggest thing to wait and see is how we can reduce the farmers’ dependence on rainfall. Irrigation facilities are still falling short of the mark, and there is a significant amount of work to be done here. The good thing is that the government has set aside Rs 20,000 crore as a part of the new irrigation fund.

With more and more people recognizing that the agricultural sector needs support, it seems like the agri-tech industry is about to see some exciting developments.

Disclaimer: The views expressed in the article above are those of the authors' and do not necessarily represent or reflect the views of this publishing house

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