AIM, NITI Aayog, and UNCDF Team Up to Make India a Global Agri-tech Leader, Expand Innovations to Developing Economies
Posted On: 20 APR 2023 , Delhi
Atal Innovation Mission (AIM), NITI Aayog, and the United Nations Capital Development Fund (UNCDF) today jointly launched a whitepaper aimed at making India a global leader in Agri-Tech innovation and expanding these innovations to the least developed countries in Asia and Africa.
The whitepaper, meticulously prepared by experts from AIM, NITI Aayog, and UNCDF, offers actionable steps to overcome challenges faced by Agri-Tech start-ups and facilitate their growth at national and international levels.
The whitepaper outlines the significant observations and recommendations required to tackle challenges in the agriculture sector and promote sustainable practices that support smallholder farmers across developing economies. Agri-Tech innovations will help address food security, supply chain inefficiencies, and climate change concerns.
Addressing the audience, Mr. Samuel Praveen Kumar, Joint Secretary, Ministry of Agriculture and Farmers Welfare stated, “Agri-tech startups in India have emerged as a game-changer in the agriculture sector, offering innovative solutions to the emerging challenges in Agriculture like Climate change, Improving Productivity etc. The AIM-UNCDF Agri-tech challenge has uncovered the immense promise and potential of this market, and we are excited to see what the future holds.”
resilience, and inefficient supply chain management. Out of 25 potential Agri-Tech start-ups that aim to solve critical challenges around production, supply chain, risk, and climate change, the partners have shown interest in and are at various stages of cross-border engagement.
The Agri-Tech start-ups in emerging economies have successfully provided digital solutions to several agricultural challenges that the sector has faced in the past. AIM, in partnership with UNCDF, is committed to supporting high-impact Agri-Tech innovations, creating an enabling environment that facilitates start-up growth and sharing of knowledge across borders. The Indian start-up sector has the potential to play the role of a knowledge hub and support market development in less-developed start-up economies across the globe.
The launch of the whitepaper marks a significant milestone in the journey towards making India a global leader in Agri-Tech innovation and expanding these innovations to the least developed countries in Asia and Africa. AIM, NITI Aayog, and UNCDF are committed to working together towards this goal and achieving sustainable and inclusive growth in the agriculture sector.
