FOOD & AGRICULTURE REPORT (NOVEMBER 2018)

“Indian agritech start-ups are trying to solve multidimensional problems prevalent in Indian agriculture including low productivity sub-optimal efficiency in supply chain lack of access to institutional credit crop insurance quality inputs and market linkages. Majority of start-ups are developing applications of digital tech biotech and food tech to solve these problems. Digital tech innovations have focused on use of data analytics including machine and deep learning to develop business models to make agriculture supply chain more transparent and predictive. Biotech start-ups are working on improving soil fertility water efficiency climate resilient plant varieties and plant immunity. Food tech start-ups have focused on innovative healthy safe and nutritious food. Agtech innovations have demonstrated positive impact on farm economics by assuring increasing revenues reducing cost (inputs water labour) and de-risking various element of farming through a combination of innovations as discussed above“