India: Agritech Trends You Should Look Out For in 2020

By Inc42

Agriculture technology has made significant strides over the last few years, writes Jitesh Shah at Inc42. In 2018 alone, the agritech industry has received funding of $16.9 Bn across 1,450 separate investments. In terms of the overall potential of the agritech sector, the industry is emerging but is still at a very nascent stage across the globe.

In order to sustain the growing population, the agricultural output needs to grow a whopping 60% by 2030 and technology has to play a role in this transformation. Let’s take a look at some of the biggest trends in agtech that will shape the sector in 2020.

Focus On Crop Monitoring Technologies

Adoption of crop monitoring technologies is a first step towards improving agriculture outcomes. Focusing on on-farm data and agronomy management technology, along with basic digitization to leverage data will help agribusinesses meet short and long-term goals.

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