Technology and innovation, driven by the advent of Agritech, have transformed the way we grow food crops and harvest. Agriculture is looking at more than just traditional ways of growing crops, it is also looking toward technology in terms of automation and advancements in precision farming. Agritech is revolutionizing food production and quality. The technology being developed has the power to not only provide farmers with solutions to problems like climate change, water shortages, and energy issues but also render them with better yields & more efficient production, ensuring that our world can feed itself and is self-sufficient. Agritech is transforming the way food is grown, processed, as well as consumed around the globe. Furthermore, it also renders opportunities for new players to disrupt the food system & create innovative solutions that benefit consumers on multiple levels.

Agritech is a simple, yet powerful & effective solution to the problems farmers face in the food production segment. It offers cultivators the information they need for making informed decisions, enabling them to save money & improve the sustainability of their business - while reducing greenhouse gas emissions.

Monitoring crop growth and yield

Agtech is changing every aspect of food production. From high-tech tools to feeding animals in their natural surroundings, the industry is becoming more efficient, environmentally conscious, and profitable than ever before. Agritech is transforming food production by connecting agriculture with technology. From IoT sensors that enable farmers to monitor crop growth and yield, to data analytics tools that help growers optimize their operations.

“With the introduction of global companies as investors, the agriculture sector has witnessed a technological boom, the use of artificial intelligence, blockchain, machine learning, satellite imagery, computer vision, drones, advanced sensors, automation, and so many aspects that were unseen in previous decades,” says Sanjay Borkar, CEO and Co-Founder of FarmERP.

“AgriTech companies are coming up steadily with various business models like the margin-based models, subscription-based models, and transaction-based models. The AgriTech players harp on data-fed conclusions to accurately predict and work for the supply and demand of inputs, along with various other factors, therefore strengthening the path to scalability within the segment,” adds Sanjay.

Enhancing the quality of consumer products & environmental sustainability

Agritech is also transforming food production, enhancing the quality of consumer products, & improving environmental sustainability. It is transforming the way we grow and process food, with the introduction of new technologies which are transforming the landscape for farmers. The result is more nutritious food grown on less land, more sustainable farming practices, and improved environments for workers and communities alike. The Agritech applications such as indoor farming & hydroponics are helping farmers produce more crops on less land.

“Rising population and consequent growth in food demand, soil degradation, limited agricultural land, have been inclining farmers towards the utilization of agrochemicals. Furthermore, constant developments in agricultural technology have resulted in a shift in farming practices,” says Aditya Deshpande, Managing Director, Lab2Land Agritech.

“As a result, agrochemical manufacturers are continually reacting to shifting demands by inventing new goods and technology. However, unbalanced agrochemical use contributes to environmental degradation and agricultural losses. And, therefore, developing new methods for sustainable farming has become critical,” he adds.

Access to safe & nutritious food

Agritech technology is transforming how we grow plants. From indoors to outside, we are rewriting the story of how our food is grown, giving us more opportunities to eat healthy, sustainable food. The Agritech revolution is transforming food production and improving our health. With these innovations, farmers have the flexibility to grow more efficiently, while consumers have access to safe and nutritious foods. The agritech industry is transforming agriculture. As farmers gain access to technology, their operations improve and profits grow. Today's food production methods are supported by cutting-edge equipment, including new harvesters and tractors, from second-generation precision farming platforms to advanced artificial intelligence systems.

The Agritech revolution is transforming food production and improving our health. With these innovations, farmers have the flexibility to grow more efficiently, while consumers have access to safe and nutritious foods. Today's food production is more than ever, a science. The promise of technology to improve crop yields and quality means there is never been a better time to be a farmer - or at least, to grow your business based on how you use tech. Farmers around the world, have access to more data & technology than ever before. Hence, today's farmers are working smarter than ever before, too. Two new pieces of technology are helping them do just that satellite data & chatbots. Food production has undergone significant changes over the last 50 years.