India AgriTech Conference in New Delhi, which is being organised by Agri-Foods Corporation of India (AFCI), will be hosted by Food and Chemical Industries Minister Nitin Gadkari.
“We are delighted to be able to invite this prestigious event to Delhi,” Gadkary said.
“Agriculture is one of the most important industries in India and the Agri Tech conference is a perfect opportunity for the country to showcase the latest technology and best practices.
We hope the conference can also help boost the morale of the employees and their families.
We are very excited about the opportunity and are ready to launch the conference to showcase all the innovations that are emerging in India’s agri-tech sector,” he added.
A few days ago, AFRICOM released a report, titled “India Agri Technologies Conference: A Guide to Developing and Deploying Agri Technology in India.”
According to the report, Indian agri technology has matured over the last decade with over 30,000 new startups operating across the country.
The report further noted that the current year is the best ever in terms of number of companies operating in India.
“The growth of the agri sector has been phenomenal over the past decade.
This is the first time that we have published a list of the top 10 Indian companies in the global Agri tech market.
This list is compiled by a panel of leading Indian and international experts who have worked on projects related to Agri technology, as well as other global agri tech companies,” AFRICTOM said in a press release.
The list, which also features the likes of Microsoft, Amazon, Google, Facebook and others, highlights the growing number of agri companies in India that are able to scale their operations across the world.
It further states that the average revenue per employee is nearly double than the average revenues in the US and UK, with over 20% of India’s total workforce employed in agri related activities.
In 2016, Agri India said that it was expecting to see more than 100 new agri startups start operations in India over the next five years.