Chennai: A latest study has explored how new technologies, demographic trends, and climate change will impact Indian agriculture and food systems over the next decade.
Titled “The Future of Indian Agriculture and Food Systems: Vision 2030”, the report by Omnivore, an agritech venture capital firm, says aggritech innovations will have an outsized impact on Indian agriculture by 2030.
The report points out the need for investment in horticulture, dairy, poultry, aquaculture, and food processing. It anticipates a future with significant advances in farm mechanisation and automation, including farm robots taking over labor intensive tasks and reducing drudgery.
The report further notes that India’s agricultural workforce in the future will be smaller, younger, and more gender diverse, and will move towards higher productivity jobs. Beyond encouraging more womenpreneurs, the rural non-farm economy will become actively digitized, stimulating a mass entrepreneurship movement around agricultural technologies.
Jinesh Shah, managing partner, Omnivore said, “India’s agritech sector is witnessing a paradigm shift catalysed by digitization and rural smartphone penetration.”