Agritech Innovations in India

There is a rapid pace of innovation in literally every industry in order to improve efficiency and adapt to new challenges. However, the pace of innovation in agriculture focused on the needs of smallholder farmers is too slow. Farmers in emerging economies like India face many challenges that include changing weather conditions, declining water table, degradation of soil, rising farm input costs, and declining income. Agriculture employs about 60 percent of India's population. Hence, it is important to develop technological solutions addressing the needs of smallholder farmers, who account for about 86% of farmers in India. Multiple successful startups are helping to address the needs of farmers and other key stakeholders in India. However, the adoption is still limited, and further innovations (both process and product) in agri-tech are needed to accelerate the efficiency and growth of the industry. Emerging technologies like blockchain, computer vision, robotics, and artificial intelligence can accelerate the rate of innovation and scale of adoption. These innovations will help farmers maximize yields by conserving resources, thereby increasing their income and net profit.

Name thesis:degree_name

Master

Department dc:contributor.department

Sloan School of Management

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2022

Author dc:creator

• Jammanahalli Mahesh, Sharan

Advisor dc:contributor.advisor

• Cusumano, Michael A.

Statement dc:rights

• In Copyright - Educational Use Permitted
• Copyright retained by author(s)

Licence dc:rights.uri

• https://rightsstatements.org/page/InC-EDU/1.0/

Handle dc:identifier.uri

https://hdl.handle.net/1721.1/146679

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/146679