Agritech

About 51% of India’s total workforce is engaged in agriculture and its sectors, like forestry, fisheries, among others. India is expected to remain an agricultural society for the rest of the 21st century, according to AgriTech. Its growth can improve the income of the rural societies and secure India’s nutritional needs. The increase of the population (1,4 billion expected by 2020), together with growing income will result in increased demand for food grains and non-food grains crops. Agriculture technology (agritech) is more and more becoming an important area of focus for investors all over the globe. One of the key sources and benefits of agritech is the ability to grow more food, for an increasing population, with less environmentally damaging resources. It includes innovation and technologies that can be applied by farmers on the farms, distributors after harvests and food companies during processing.