India is facing a massive crop failure due to lack of adequate technology to control and mitigate the effects of climate change, a recent report by AgTech India has revealed.
The government is planning to develop agtech technologies that can save farmers’ lives by reducing the time and cost of their agtech projects.
The report, ‘AgTech for India: Achieving a sustainable future’, said that the country needs a combination of agtech and biotechnology to achieve its ambitious climate change target.
“The current situation is critical.
With the current state of knowledge and technology, India will not be able to develop effective agtech,” it added.
The report says the government should develop agtome to create new agtechs for its farmers.
It suggests a combination between agtech for agriculture and agtech as a service to reduce the time needed to implement agtech solutions.
The project’s authors say India should have a solution that is not dependent on a single agtech technology.
“India should not rely on agtech, but it should create agtomes that can be implemented on a regular basis,” said Rakesh Thakur, co-founder of AgTech-India.
“This is the only way that we can create agtechnology that will not need a single technology to be applied,” he added.
India’s agtech ecosystem is undergoing a major transformation, with the government’s focus on agtomics.
India’s ag tech ecosystem is estimated to be worth $1.8 billion, but a lot of this is being spent on technology projects, not on agtechnology.
India has an estimated 7,000 to 10,000 agtech startups.
India is a leader in the agtech sector with over 40,000 tech companies.
The country’s current crop failure will make the country the second worst in the world to get a climate-proof crop, the report said.
In a country that is dependent on agricultural technologies for agriculture, it is important that the government makes it a priority to develop more innovative technologies for the country’s farmers, Thakum said.