Open In App

AgriTech Summit 2022

Agritech Summit is a venue for bringing together the top political leaders, legislators, thought leaders, and businesses engaged in agriculture-related technologies to share knowledge and honor the best practices in Indian agriculture. As the main source of income for 58% of the population, agriculture in India is the foundation of the country’s economy. During the Covid-19 period, the sector was crucial in fostering economic expansion. The increase in rural consumption and record-breaking tractor sales were the key markers of the 3.4% growth of the agriculture sector in FY20-21. But the agriculture industry faces its own special difficulties, including dependence on excellent monsoons, small and dispersed farm holdings, a lack of mechanization, and a lack of funding. To increase production and efficiency, the Indian agriculture sector needs targeted reforms, regulations, and technological interventions. While doing so, corporations, microfinance organisations, and agri-tech start-ups must collaborate closely to find solutions to the practical issues facing farmers. While tractors are the main piece of farm mechanization, the agriculture industry will undergo significant change as a result of new models for purchasing heavy equipment and the application of cutting-edge technologies. The summit’s goal is to discuss the challenges faced and new opportunities in the agriculture sector. 

Nearly 18% of the GDP and 40% of the rural Net Domestic Product in India are contributed by the agricultural sector. Indian agriculture still faces a variety of difficulties despite making a substantial contribution to promoting socioeconomic growth. These include things like low production, climate change, and a lack of financial access. Agriculture was the only sector to have shown a positive growth of 3.4% at constant prices in 2020–21, while other sectors experienced a decline, due to the farming community’s perseverance in the face of challenges.

AgriTech Summit 2022:

Objectives of AgriTech Summit:

Scope for the Exhibitor in AgriTech Summit:

Importance of AgriTech in India:

Conclusion:

The Indian agriculture and farming community can get together at the India Agri Summit for the sake of shared business benefits. The purpose of the Summit is to bring together key players in the agriculture sector. For the sake of advancing their respective businesses, the event draws manufacturers, service providers, policymakers, government departments, and institutes. Dealing with businesses from all over the country in one location at once also helps the business climate. For all levels of manufacturing organisations, service sector, traders, and its officials like CEO’s & Entrepreneurs, Senior Executives, Corporate Planners, Manufacturing Managers & Executive, Agents of sector such as Officials from Central State Governments and Public Sector Units from across the country visiting this show, the India Agri Summit promises to hold tremendous significance. India needs to invest its human capital and intellectual capital in the agricultural value chain if it is to become the world’s food basket. Agritech is currently reinventing the Indian agricultural landscape for the twenty-first century.

Article Tags :