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The Global Prime

AgTech

September 1, 2024
Reading Time: 1 min read
AgTech

In the field of agriculture, contemporary technology is widely used. In many respects, it has benefited the farmers. Crop productivity and output have grown as a result of the use of new and improved technology. Additionally, this has assisted in lowering production costs. Utilizing technology has also simplified and improved farming operations.

In a nation, agriculture is the most important industry. India also relies heavily on agriculture. In this market-driven sector, over half of the nation’s workforce is employed. The latest developments in agriculture suggest new strategies and technologies that become more sophisticated over time. Over the course of several decades, the agriculture business has seen major changes, and new technologies have also emerged in this field.

Agriculture started to alter significantly in the late 18th and early 19th centuries during the Industrial Revolution. More effectively than ever before, farmers are now able to till, plant, and harvest their crops because to advancements in technology and electricity sources. Farmers could now use the power of steam engines and other technology to automate much of their operations rather than depending on physical work or labor pulled by horses. This transformed agriculture and paved the way for much more breakthroughs in the years to come.

The Green Revolution, a time of strong agricultural innovation and prosperity, emerged in the late 20th century. This movement employed sophisticated plant breeding, fertilization, and irrigation techniques to increase agricultural yields and improve food security. Global agriculture was greatly impacted by the Green Revolution, which also helped millions of farmers and their families enjoy better lives while feeding billions of people.

The agtech sector is becoming more valuable annually as investment accelerates. New development prospects in the market are being presented by evolving consumer needs and advancements in technology.

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