The Indian company Aquaconnect participated a few days ago in the second edition of the “International Summit on Artificial Intelligence and Digital Applications in Agriculture” organized by the Federation of Indian Chambers of Commerce and Industry (FICCI). From the company, that showed its specific applications for aquaculture, they expressed their desire to collaborate not only with industry leaders, but also with policy makers.
“We look forward to collaborating with industry leaders, policy makers, entrepreneurs and agri-tech players to nurture the growth of a technology-driven agricultural ecosystem in India,” said from the company that helps numerous aquaculture farmers with its digital solutions.
At its exhibition booth, members of the up-and-coming company were visited by Suresh Malhotra and Shomita Biswas, commissioner of agriculture and deputy secretary, respectively, of the Ministry of Agriculture and Farmers’ Welfare, Government of India. So did Tractors and Farm Equipment Limited (TAFE) Corporate Relations and Alliances Group president T.R. Kesavan and J. P. Singh, additional advisor, Plant Protection, DA&FW.
“We would like to thank FICCI for giving us the opportunity to showcase how Aquaconnect is transforming the aquaculture value chain with satellite remote sensing technology and enabling access to formal credit through the application of this technology in aquaculture,” the company said.
The issue of technology adoption in agriculture sector
In the second edition of the International Conference organized by FICCI together with the German Agribusiness Alliance, participated Anna Roy, senior advisor of the government agency National Institution for Transforming India (NITI Aayog), among other important speakers. She said that Indian start-up ecosystem is robust. “By providing them with enabling framework including access to data, compute and market, we will be able to tackle the issue of technology adoption in agriculture sector,” she said.
Addressing the second edition for the International Conference, she said the benefits of applying AI in the agriculture are immense. “AI in the areas of weather, soil nutrients, pest and disease management, fertigation, market prices, finance and traceability have shown a lot of potential. India’s burgeoning start-up ecosystem has been actively playing its part in disrupting the agriculture sector. Opportunity in agritech exists across the value chain from improving farmers’ access to markets, inputs, data, advisory, credit and insurance”, she added.
“As Anna Roy rightly said, It is the adoption which will also nurture the development of the technology, and we couldn’t agree more”, said from Aquaconnect.
Roy also stated that technology is something which needs to be understood and understood in the context of not only its development but its use. “It is the adoption which will also nurture the development of the technology,” she added. Agriculture along with education and health is one of the sectors where government plays a critical role in adoption of technology because of the nature of the sector especially in the context of India, emphasized Roy.
In the other hand, Shomita Biswas, Joint Secretary of Ministry of Agriculture & Farmers Welfare, said that as the technology advances in India, we will soon have sensor-based use of drone application for which we all stakeholders have to jointly collaborate. “The eco-system is now in place, and it is up to the industry and Start-ups to leverage this eco-system,” she added.
The largest and oldest business organization in India
During the event, FICCI released the report “Redefining Agriculture through Artificial Intelligence: Predicting The Unpredictable”. Established in 1927, FICCI is the largest and oldest apex business organization in India. Its history is closely interwoven with India’s struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies.
A non-government, not-for-profit organization, FICCI is considered the voice of India’s business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 250,000 companies.