Agri Startups Ecosystem: Challenges, Drivers and Pillars
While farmers in India are struggling to produce more while keeping costs low and margins high, consumers are moving in the opposite direction i.e. searching for better-quality products at a lower cost. Striking the right balance between the two has been the weakest link in the agriculture value chain.
New age technology solutions by agri startups present a new opportunity in the entire agriculture value chain. Agri Start-ups are providing meaningful solutions to a number of challenges across the value chain in the form of product, service or application. We have observed decent growth of Agri start-ups in areas like supply chain/market linked model, farm data analytics, preharvest and postharvest intelligence, logistics, storage, distribution and the weather information.
Agri Startups in India have received increased attention in recent years. Their numbers are on the rise and they are now being widely recognised as important engines for rural transformation. Startup ecosystem has developed over the years. There is palpable optimism that the ecosystem will continue to mature. Nevertheless, startups face significant challenges. Overcoming such hurdles will require efforts of all stakeholders of the ecosystem. With this background, the conclave will have discourse on Challenges, Drivers and Pillars of Agri Start-ups Ecosystem in India
The following important questions need special attention:
- What are the key opportunities of India’s Agriculture startup ecosystem?
- What are the challenges startups facing in India?
- Is India’s environment suitable for startups?
- What kind of support is available to help startups overcome challenges and seize opportunities?
- What are the key growth drivers of India’s startup ecosystem?