India is the first producer of milk and the second of fruits and vegetables in the world. To cope with an increasing demand both domestically and globally, India will have to increase productivity.
New technologies are having a great impact on Indian agriculture, but for the most part innovation is not implemented.
Mobile phones are already available to 400+ million users in rural areas. It allows farmers to communicate with other farmers, and get key information on selecting seeds and protecting crops from plagues and diseases.
Some success stories are: Stellapps Technologies that by combining the Internet of Things (IoT), animal wearables, data analytics, and machine learning, is helping to improve the overall productivity of the dairy industry.
Ecozen Solutions: Builds solar powered systems for irrigation and cold storage in rural areas.
But there is a long way to go yet, as according to venture capitalists a high percent of start-up companies fail within 5 years due to the lack of new technologies or innovative business models.