 "Ripe for disruption: Here's a look at seeds of growth in agritech sector")
The $370-billion agriculture sector is at an inflexion point and will undergo a complete transformation in the coming years on the back of significant technology and regulatory changes.
Agriculture’s contribution to the country’s gross value added (GVA) is about 20 per cent and continues to be dominated by small and marginal land holdings.
Additionally, close to 55 per cent of the population still depends on agriculture for their livelihood.
According to a Bain & Company report, the idea of doubling farmer incomes in the next few years is likely to become a reality based on the technological and regulatory changes in this sector. A look at seeds of growth in agritech sector:
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%