India's Agricultural Revolution: Smart Farms and Robots to Feed the Future

India's agriculture industry will undergo a revolutionary change by 2029. Smart farming solutions such as IoT sensors, AI analytics, and farming robots are likely to improve crop yields by 30-40%. The government's initiative towards mechanization is intended to make farming more efficient and tackle labor deficits. Drone-based precision farming, estimated to be a $1 billion opportunity, will transform crop monitoring and management. As the agriculture equipment industry is expected to grow to $25.15 billion by 2029, India is destined to be the leader in green, high-producing farming methods for ensuring food availability for its increasingly growing population.

 

Sources: Agriculture World, KPMG India, Global Market Estimates, SME Venture