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Budget 2024-2025 marks a transformative step for agritech, paving the way for a resilient and innovative agricultural future. Introducing 109 new climate-resilient crop varieties, allocating Rs 2.66 lakh crore for rural development, and emphasizing digital infrastructure and natural farming, we are advancing towards sustainable agriculture. The goal to engage one crore farmers in the next two years, along with fostering collaboration between the government, private sector, and research institutions, will drive significant advancements. Embracing IoT, AI, and data analytics will revolutionize climate risk management, providing real-time data and predictive insights. Industry is looking forward to the positive impact on economic growth and sustainable development these initiatives will bring! Read here: https://shorturl.at/mZ8yp #Budget2024 #Agritech #Sustainability #Innovation

In today's Encyclopedia we comprehensively cover the "how Agriculture 4.0 shaping the future of food security in smart cities". The article highlights that Agriculture 4.0 is revolutionizing both urban and rural farming through the use of smart technologies such as IoT, vertical farming, and mobile applications. This innovation improves food security, optimizes resource utilization, and increases farmer incomes, establishing India as a leader in sustainable agriculture.                          Don't miss 5 PYQ with solutions on this topic.                  Source: The Hindu 📰

Agribazaar has revolutionized the lives of farmers by digitizing the agricultural value chain. Agribazaar’s vision has four pillars. They are: 1. Radical Innovation – bringing the buyers and growers together using an AI-powered platform. 2. Execution – Reducing the time to market. 3. Agility – introduce changes in agriculture using next-gen technologies. 4. Purpose – Ensure higher incomes in a reliable and resourceful way for farmers. Pioneering concepts like Agriculture 4.0 are introducing higher productivity levels, efficiency, and sustainability. Agro exports have gone up 20% to $50.2 billion from 2020-21 to 20210-22. This state-of-the-art concept comprises IoT (Internet of Things), AI (Artificial Intelligence), Robotics, and Data analytics. The result is higher yields, better margins, lower environmental impact, and improved livelihood for farmers. Farmers are the backbone of our nation, and it is heartening to note that startups like Agribazaar have recognized the farmers’ plight and are taking smart steps to bring a smile to the face of our farmers. #agriimplements #agricultural #handtools #agribazaar

The future of agriculture is at a pivotal moment. Digital transformation will redefine farming processes, creating unprecedented opportunities for growth, sustainability, and operational efficiency. Taking the first step toward digital transformation requires strategic planning and execution. Here’s a stepwise approach for the agriculture sector: ✳️ Assess Current Processes: Identify inefficiencies in farming operations and opportunities where technology can enhance productivity and reduce waste. ✳️ Set Clear Objectives: Establish specific goals for digital transformation, such as improving yield, optimizing resource usage, or expanding market access. ✳️ Choose the Right Technologies: Select scalable technologies like IoT, AI, and big data to enable real-time insights and precision farming. ✳️ Train and Empower Farmers: Provide digital literacy and training to farmers to ensure smooth adoption and maximize the benefits of technology. ✳️ Measure and Optimize: Continuously monitor key performance indicators (KPIs) and fine-tune digital solutions to meet evolving business needs. Ariztid can help guide your agriculture company through every stage of digital transformation, from strategic planning to technology implementation, ensuring long-term success and sustainability. Talk to our experts: +𝟏 𝟑𝟒𝟔-𝟗𝟑𝟐-𝟓𝟑𝟓𝟐 +𝟗𝟏 𝟒𝟐𝟐 𝟒𝟐𝟒 𝟕𝟎𝟖𝟓 𝐬𝐚𝐥𝐞𝐬@𝐚𝐫𝐢𝐳𝐭𝐢𝐝.𝐜𝐨𝐦 𝐚𝐫𝐢𝐳𝐭𝐢𝐝.𝐜𝐨𝐦 #Agriculture #DigitalTransformation #Technology #DataManagement #Innovation #DataIntegrity #DataSecurity #Business #Entrepreneurship #AriztidTechnologies #Operations #BusinessEfficiency #SoftwareSolutions #ProductivityBoost #TechInnovation #CustomWebSolutions #FutureOfWork #ITConsulting #TechTrends #ProjectManagement

The Rise of #PrecisionAgriculture: Transforming Farming for the Future 🌱🚜📊 Exciting developments in the precision agriculture market! Key highlights: • Global market valued at $8.56 billion in 2022 • Projected CAGR of 9.55% through 2028 • India's market expected to grow at 6.12% CAGR through 2030 Driving factors: 1. Technological advancements (GPS, IoT, AI) 2. Increasing food demand 3. Environmental sustainability concerns 4. Cost-effective farming solutions 5. Government support and incentives Precision agriculture offers: ✅ Increased efficiency ✅ Enhanced yield and quality ✅ Environmental sustainability ✅ Data-driven decision making Challenges remain: • High initial investment • Technological complexity • Data management As we face global challenges in food security and sustainability, precision agriculture emerges as a key solution. What role do you see technology playing in the future of farming? TechSci Research, Karan Chechi, Alwin Samuel #PrecisionAgriculture #AgTech #Sustainability #FoodSecurity #Innovation

Exciting times ahead in the digital farming software market! 🚜🌱 The market continues its impressive growth, expanding from $6.03 billion in 2023 to $7.02 billion in 2024, with a compound annual growth rate (CAGR) of 16.3%. By 2028, it’s forecasted to hit $12.97 billion, growing at a CAGR of 16.6%! This expansion is driven by the increasing demand for global food security, climate change challenges, and the growing need for sustainable agricultural practices. 🌍 What’s fueling this growth? Key trends include the adoption of cloud-based platforms, the integration of AI and machine learning for precision farming, and advancements in big data analytics and IoT for real-time decision-making. 🚀 Major players like Bayer AG and Deere & Company, along with innovators like CropX Inc., are leading the charge, and recent mergers, such as TELUS Agriculture’s acquisition of Proagrica, are further driving market consolidation. With North America leading the way, this market is set for remarkable advancements, promising enhanced profitability for farmers and a more sustainable agricultural future. 🌿 https://lnkd.in/e7mdShi8 #DigitalFarming #Agritech #SustainableAgriculture #AI #IoT #BigData #FarmingInnovation

The Role of Agri-tech in Global Food Security and Economic Stability Agri-tech innovations play a critical role in ensuring global #foodsecurity and #economic stability by improving agricultural productivity, efficiency, and resilience. From #seedtechnology and #cropprotection to digital agriculture and #supplychainmanagement, agri-tech innovations span the entire food #production and #distribution system, addressing challenges at every stage of the agricultural value chain. By harnessing the power of #dataanalytics, #artificialintelligence, and Internet of Things (#IoT) devices, farmers can make data-driven decisions to optimize inputs, manage risks, and increase yields. Moreover, agri-tech innovations enable traceability, transparency, and efficiency in food supply chains, reducing food #losses and improving #marketaccess for smallholder farmers. By enhancing food security and stability, agri-tech innovations contribute to economic growth, poverty reduction, and social development, creating a more resilient and equitable food system for all. Overall, the role of agri-tech in ensuring global food security and economic stability cannot be overstated, as it represents a fundamental shift towards a more efficient, sustainable, and inclusive agricultural sector. #farmtofork #agritech #foodsecurity #economicstability #agriculture #innovation #productivity #efficiency #resilience #digitalagriculture #supplychain #dataanalytics #artificialintelligence #IoT #traceability #transparency #smallholderfarmers #economicgrowth #povertyreduction #socialdevelopment #sustainability #inclusivity