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Agri water technology startups need Rs 500-600 crore investment: Report

Business Standard LogoBusiness Standard7h ago

Agri water technology startups need Rs 500-600 crore investment: Report - Business Standard

Quick Summary:

India's agriculture water technology sector requires investments of Rs 500-600 crore to achieve widespread adoption of smart irrigation solutions even as the country faces a deepening water crisis, according to the latest report.

The study by DCM Shriram on "The Investment Mismatch in AgWater" highlights that despite agriculture consuming the largest share of water resources while contributing 16 per cent to GDP and employing 55 per cent of the workforce, the sector struggles with efficiency and adequate funding.

India has between 70-100 active AgWaterTech startups, but many risk closure due to investment hurdles, according to the report.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-28 @ 18:40:31 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26512103

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 269 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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