Report: Agritech Innovations to Have an Enormous Impact on Indian Agriculture by 2030

By BusinessWorld

Omnivore, India’s leading agritech venture capital firm, has launched its report on The Future of Indian Agriculture and Food Systems: Vision 2030. The report, a bold vision for agritech, explores how new technologies, demographic trends, and climate change will impact Indian agriculture and food systems over the next decade.

The report highlights eight key trends, as detailed below, that will drive the future of agriculture in India, with the critical caveat that climate change could negate this positive direction if not reckoned with:

Precision agriculture and automation creating a “farm of one”.
Biotechnology will produce tastier, more nutritious, and eco-friendly crops.
Farms & farmers will be connected, digitized, and smart.
Farmer-consumer intimacy will improve value for both.
Majority of rural jobs will be of higher value and non-agro.
More fresh greens, harvested and delivered, on-demand.
Diversity, quality, and sustainability of food sources will increase.
Food will increasingly (and scientifically) replace medicine.

The report further points out the need for investment in horticulture, dairy, poultry, aquaculture, and food processing. It anticipates a future with significant advances in farm mechanization 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.

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