According to the United Nations, the global population will reach over 10 billion by 2050, up from 7.6 billion currently. This extraordinary population growth is likely to place further strain on already scarce resources and raise demand for food and water. Agriculture companies are well-positioned to assist in addressing these difficulties.
Farmers are seriously at risk due to climate change. High and low temperatures, rainfall, wind speed, and other elements of the weather that affect agriculture are all very important. As India’s agricultural technology sector is one of the sectors that is developing well. Agriculture firms are helping farmers to grow by providing smart solutions to fight the risks of weather fluctuations, providing more ways to store and distribute it more efficiently in the face of a growing population and food shortages induced by climate change. Let’s look the firms that are helping the farmers with the new developed technologies and proving solutions –
Sohan Lal Commodity Management – Sohan Lal Commodity Management Pvt. Ltd. (SLCM) Group, founded by Mr. Sandeep Sabharwal in 2009, is a leading organization in agriculture, dedicated to inclusive and holistic development. With a network of approximately 12,331 warehouses, SLCM impacts the livelihoods of over five crore people. The company’s success can be attributed to its commitment to innovation and technology, as well as its divisional approach that focuses on logistics, digital solutions, procurement, and finance. SLCM’s logistics division specializes in storage, fumigation, quality assessment, crop valuation, and risk management. It holds the distinction of being the largest player in the field. The company’s digital wing showcases its technological prowess.
Unnati – Unnati, conceptualized and co-founded by Mr Amit Sinha & Mr Ashok Prasad, is a fintech based Agri platform which aims to minimize the risks in farming and ensure much-needed transparency in the farming business. Unnati’s founders recognised the difficulties farmers experience as a result of farming’s lack of predictability and regular access to production inputs and information. Their objective to connect farmers to a single digital platform that supports farm entrepreneurship has been their driving force, resulting in the development of a complete ecosystem for farm entrepreneurs. From Unnati financial services to crop-specific consultancy, the brand works with farmers at every stage of the farming life cycle to ensure a sustainable future.
Aquaconnect – Farming that takes place under the water is Aquaculture. With the changing weather conditions, the underwater condition also varies. Determining underwater conditions is even more difficult than of the outer crops. With the integration of AI and Satellite remote sensing Aquaconnect has developed a framework to help Aquafarmers identify the conditions of fish and shrimps they are growing and what steps need to be taken to produce the best quality products. Aquaconnect uses its cutting edge technology to enable aquaculture farmers, retailers, and seafood buyers to increase access to formal credit, farm inputs, and post-harvest markets.