10 Most Promising AgTech Startups - 2021

India's agriculture technology sector is expected to have the potential to grow $24.1 billion in the next five years. Five key categories of Agtech is expected to control the lion's share of the sector's turnover, they are the agritech market for supplying farm inputs which will be as big as $1.7 billion by 2025, the market for precision agriculture and farm management which will grow to $3.4 billion and the market for quality management and traceability which could be worth $3 billion. The market for tech enabled supply chain and output market linkages will be the largest segment, which could be worth $12 billion by 2025 and the market for precision agriculture and farm management growing to $3.4 billion in that time. The factors such as increasing adoption of novel agriculture technology, agricultural innovations, a growing need to monitor livestock production, government support for the implementation of modern agricultural techniques are spurring the market growth. The growing demand for milk and dairy will increase the demand for livestock monitoring technology such as milking robots and feeding robots. Moreover, the requirement to feed highly multiplying population in India, with decreasing agricultural land and unpredictable climate, will make the need for Agtech inevitable in the future.

Using technologies like blockchain, artificial intelligence, big data and the Internet of Things (IoT) to in-crease agriculture productivity not only change the face of farming but also ensures we can produce, supply and store food sustainably. With the planet showing severe signs of environmental stress, Agtech innovations will be absolutely essential in the near future. However, the high initial investment cost required for the implementation of agtech technology is hindering the growth. This is because majority of farmers in the emerging nations are small farmers who find smart farming equipment unaffordable.

In this issue of CIO Review India, we bring you a list of '10 Most Promising AgTech Startups - 2021.' These platforms were selected by comprehensive examination by industry CEOs, VCs, CXOs, veterans and our editorial team. We truly expect these institutions to meet your needs as we recognize their valuable contribution to the ever expanding industry through their reliable services.

We present to you CIOTechOutlook 10 Most Promising AgTech Startups - 2021.