Authors :
Vidyawati; Shaurya Pratap Singh; Swati Negi
Volume/Issue :
Volume 9 - 2024, Issue 12 - December
Google Scholar :
https://tinyurl.com/2s3bez6m
Scribd :
https://tinyurl.com/yh9cnajw
DOI :
https://doi.org/10.5281/zenodo.14603047
Abstract :
This study looks at how agri-entrepreneurship,
which is fuelled by innovation and technology, is
changing India’s agricultural sector to meet issues
including resource inefficiency, market instability, and
unpredictable weather. Since India’s economy is based
primarily on agriculture, the study intends to examine
new trends, pinpoint scaling issues, assess local and
international models, and investigate potential future
developments in agri-entrepreneurship. To assess the
sector’s growth, the study reviews current literature,
government papers, and case studies using a secondary
data analysis methodology. Important conclusions
emphasize how AgriTech firms, sustainable farming, and
digital technology increase output and market
accessibility. Successful initiatives like Apollo Agriculture
in Kenya, Tulaa in Ghana, and DeHaat in India show
how creative approaches are boosting the resilience and
income of farmers. However, issues including inadequate
funding, deficiencies in infrastructure and regulatory
obstacles still exist. According to the study’s findings,
agri-entrepreneurship may promote sustainable economic
growth, improve food security, and establish India as a
global leader in agricultural innovation by encouraging
innovation, tackling systemic issues, and bolstering
government support.
Keywords :
Agri-entrepreneurship; Agricultural Innovation; AgriTech Startups; Sustainable Farming and Agricultural Resilience.
References :
- Awasthi, R., & Singh, J. 2024. The Future of Agri-Tech in India: Opportunities and Challenges. Indian Journal of Agricultural Economics, 79(1), 55-70.
- Batagoda, U. 2024. Agri-Fintech Startups: Revolutionizing Agricultural Finance for Smallholder Farmers. International Development: Accelerating global impact and fostering positive change through Financial Inclusion, Digital Inclusion, Market System Development, and Organizational Transformation. Linkedin. https://www.linkedin.com/pulse/agri-fintech-startups-revolutionizing-agricultural-finance-batagoda-zpmrc/. Accessed on 15/12/2024
- Crisil Research, 2024. Growth Marathon, emerging sectors, investments, efficiency gain priming India’s medium – term pace. Market Intelligence & Analytics, 6-7.
- DPIIT, Startup India, 2024. The growth of Agri-Tech Startups in India. https://www.startupindia.gov.in/french/content/sih/en/reources/startup_india_notes/industry_insights/the_growth_of_agritech_startups_in_india.html. Accessed on 18/12/2024
- Economic and Social Commission for Asia and the Pacific (ESCAP), 2023. Sustainable Development in Agriculture: The Role of Entrepreneurship. United Nations.
- Kumar, A., & Singh, S. 2021. Emerging Trends in Agri-Entrepreneurship: A Review of the Current Landscape and Future Prospects. Indian Journal of Agricultural Sciences, 91(3), 401-410.
- Ministry of Agriculture and Farmers Welfare, India, 2023. Innovation and Agri-entrepreneur programme of RKVY- RAFTAAR. https://agristartup.gov.in/ Accessed on 15/12/2024
- NITI Aayog. 2021. Doubling Farmers’ Income: Strategy and Action Plan. Government of India.
- OECD – FAO, 2023. Agricultural Outlook 2023-2032. pp.359.
- Ramachandran, K., Crossan, G., Delden, B. V., Stewart, D. & Bucaille, A. 2023. Deloitte Center for Technology, Media & Telecommunications, on solid ground: AgTech is driving sustainable farming and is expected to harvest US $18 billion in 2024 revenues, 1-20.
- Start-Up India. (2023). Agri-Entrepreneurship Support Schemes. Government of India. https://www.startupindia.gov.in/content/sih/en/government-schemes.html,
- https://www.startupindia.gov.in/content/sih/en/tenders1.html Accessed on 15/12/2024
This study looks at how agri-entrepreneurship,
which is fuelled by innovation and technology, is
changing India’s agricultural sector to meet issues
including resource inefficiency, market instability, and
unpredictable weather. Since India’s economy is based
primarily on agriculture, the study intends to examine
new trends, pinpoint scaling issues, assess local and
international models, and investigate potential future
developments in agri-entrepreneurship. To assess the
sector’s growth, the study reviews current literature,
government papers, and case studies using a secondary
data analysis methodology. Important conclusions
emphasize how AgriTech firms, sustainable farming, and
digital technology increase output and market
accessibility. Successful initiatives like Apollo Agriculture
in Kenya, Tulaa in Ghana, and DeHaat in India show
how creative approaches are boosting the resilience and
income of farmers. However, issues including inadequate
funding, deficiencies in infrastructure and regulatory
obstacles still exist. According to the study’s findings,
agri-entrepreneurship may promote sustainable economic
growth, improve food security, and establish India as a
global leader in agricultural innovation by encouraging
innovation, tackling systemic issues, and bolstering
government support.
Keywords :
Agri-entrepreneurship; Agricultural Innovation; AgriTech Startups; Sustainable Farming and Agricultural Resilience.