The Indian agri industry has been going through a transformative journey owing to the ubiquitous rise of digital technology and the benefits it provides to both farmers as well as the end consumers.
Considering this, the digitalization of the entire agriculture value chain is seen as an opportunity by industry experts. The agriculture value chain refers to the complete production process from a raw item into a marketable and full-fledged agriculture product. For example, to grow a particular crop, farmers need to invest time and resources into seeds, fertilizers, chemicals and other input requirements which is followed by farming, cultivation, harvesting, disinfection, grading, packaging and storage. But this is not where it ends. This is followed by the distribution and transportation of the crops to the retailers who finally then sell such items to consumers.
Now with the rise in digital penetration, there is a lot of value creation being done by digitalising the entire agriculture value chain, which is helping to weed out inefficiencies in the system such as poor quality of inputs being used or crops damaged during processing.
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