The report says integrating artificial intelligence and data-driven practises is key to boosting efficiency
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has underscored the transformative potential of artificial intelligence (AI) and data analytics in revolutionising Indian agriculture.
According to a comprehensive study conducted with knowledge partner Nangia Andersen, these technologies can enhance efficiency and facilitate informed decision-making across the agricultural supply chain.
The ASSOCHAM report highlighted that AI and analytics can optimise routes, manage inventory, and predict demand, contributing to an overall improvement in the efficiency of agricultural operations. The study emphasised the need for financial incentives, credit facilities, and insurance plans to encourage the widespread adoption of these technologies among farmers.
The report sheds light on the significant role of biotechnology in agriculture, particularly in precision breeding for climate-resilient crops and genetic modification for pest and disease resistance. It emphasises the success in developing drought-tolerant crop varieties and reducing reliance on chemical pesticides, addressing challenges posed by climate change.
With a focus on climate resilience, the study explored crop adaptation to shifting climatic patterns and sustainable water management practises, drawing insights from successful models in Bangladesh and Israel.
The report stressed the need for continued attention to integrated agricultural logistics hubs strategically positioned to facilitate seamless connectivity between production centres and consumption zones. These hubs could encompass warehousing, cold storage, processing units, and efficient transportation networks.
In conclusion, the ASSOCHAM study advocates for a concerted effort to harness emerging technologies and data-driven approaches to improve Indian agriculture, emphasising sustainability, productivity, and resilience in the face of evolving challenges.