Transforming Indian Agriculture Through Technology: Harvesting Potential Benefits and Challenges of Digitalization in Indian Agriculture Sector

Suhas Patel; M Monica; Sendhilkumar Manoharan

doi:10.34293/sijash.v11iS3-Feb.7268

Suhas Patel Assistant Professor, Acharya Institute of Technology
M Monica Assistant Professor, Department of MBA, Acharya Institute of Technology, Bengaluru
Sendhilkumar Manoharan Assistant Professor, Presidency Business School, Bengaluru

DOI: https://doi.org/10.34293/sijash.v11iS3-Feb.7268

Keywords: Digital Transformation, Agriculture, India, Developing Economy, Indian Farmers, Challenges and Benefits

Abstract

India’s economy is still largely based on its agriculture sector. Even while its percentage of GDP has gradually decreased over time—roughly 15% according to recent estimates—it nevertheless employs an astounding 58% of the labour force. This corresponds to around 800 million lives that are inextricably linked to the prosperity of agricultural pursuits. Smart farming has the potential to provide a powerful dose of efficiency and innovation to this critical industry. According to studies, adopting smart farming techniques widely could increase agricultural productivity by up to 30%. This would result in a large increase in GDP and the potential creation of millions of new jobs in industries like data analysis, technology development, and equipment manufacturing.