India Agritech Market: Current Analysis and Forecast (2025-2033)

India Agritech Market Size & Forecast

The India Agritech Market was valued at USD ~815 million in 2024 and is expected to grow to a strong CAGR of around 13.50% during the forecast period (2025-2033F), owing to rising demand for sustainable and efficient farming practices.

Agritech Market Analysis

Agritech, as a term, refers to the utilization of modern technology to enhance the productivity, output, and efficiency of farming activities. It involves processes, techniques, including smart farming; intelligent technologies like AI, IoT, drones, and biotechnology; and information technology for facilitating crops, supply chain, soil condition, and markets. Smart farming is all about applying technology in processing farming into smarter, efficient, productive, and ecological farming.

To boost production in India, the utilization of digital platforms and satellite imagery, the use of drones for crop monitoring and crop productivity, and the use of artificial intelligence-based decision-making tools and other productivity boosters have been put into practice in Indian enterprises. Some of the startups, such as DeHaat (Green Agrevolution PVT. LTD.), Ninjacart, and Agritech, maintain a holistic approach of bringing end-to-end solutions for farmers, which include inputs, advisory services, mobility, and marketing. Therefore, the rise of government initiatives and policy support, target crops, climate-smart technologies for agriculture production, use of credit facilities and insurance in agriculture for a better value chain in agriculture are driving the growth of the agritech market in India.

For instance, on January 27, 2025, the Ministry of Electronics & Information Technology, in association with IIT Indore, launched AgriHub, an AI-driven center of excellence to revolutionize Indian agriculture. AgriHub to drive startup incubation, job creation, patents, publications, and industry collaboration for a self-sustaining agritech ecosystem. AgriHub, a collaborative platform to empower farmers, researchers, and breeders with innovative agritech solutions.

India Agritech Market Trends

This section discusses the key market trends that are influencing the various segments of the India Agritech market, as found by our team of research experts.

Rising Adoption of Farming-as-a-Service (FaaS)

Farming-as-a-Service (FaaS) has emerged as a model to diversify the accessibility of advanced tools, machinery, and financial and advisory services through subscription-based models for the first line of agricultural producers at the small & marginal farmers. This minimizes the challenge of high initial investment, which often discourages individuals or companies from adopting a certain technology. The decisions range from precision farming, real-time application, decision-making, and sustainable use of resources. The growth of FaaS platforms is proving that it is focusing on propagating the growth and increasing the digitization of the various farming communities in rural areas.

For example, on August 11, 2023, Aranya Farm introduced a groundbreaking concept in the country: Farming as a Service (FaaS). With FaaS, Aranya takes agricultural innovation to the next level by utilizing cutting-edge AI and ML technology to cultivate and grow a variety of produce. This revolutionary approach empowers landowners to unlock the full potential of their farms without the burden of day-to-day operations. With its steadfast commitment to natural farming methods and the utilization of cutting-edge AI and ML-driven techniques, Aranya Farms is setting new standards for efficiency, precision, and environmental responsibility.

Agritech Industry Segmentation

This section provides an analysis of the key trends in each segment of the India Agritech market report, along with forecasts at the regional and state levels for 2025-2033.

The IoT & sensors market held the dominant share of the Agritech Market in 2024.

Based on technology, the market is segmented into biotechnology & genetically modified crops, IoT & sensors, drones & UAVs, AI & machine learning, big data analytics, and others. Among these, the IoT & sensors market held the dominant share of the market in 2024. The use of IoT and sensors is an important feature of changing the Indian agricultural sector through obtaining actual information about the state of the soil, weather, and crops. This technology aids in the proper utilization of inputs, minimization of losses, and increased output, which is very influential in enhancing agricultural productivity. Therefore, the application of IoT-based solutions acts as an ideal way for the agritech companies to provide farm-specific and data-driven services to the operators in the market.

Precision Farming Market Dominates the Agritech Market.

Based on the application, the market is segmented into precision farming, smart irrigation, crop monitoring, supply chain management, agribusiness marketplaces, and others. Among these, the precision farming market held the dominant share of the agritech market in 2024. Precision farming enables farmers to accurately decide when and where to invest in resource requirements to increase efficiency and profitability. The use of input such as drones, sensors, and GPS in this case creates little or no wastage and at the same time increases yield. They have favourable government support and endorsement by the private sector, promoting expansion in the agritech industry.

For instance, on October 10, 2023, Zuari FarmHub, a leading agritech company in India, announced its partnership with CropX Technologies, a global agri-tech company specializing in digital agronomic solutions. The collaboration aims to revolutionize farming practices by introducing real-time monitoring technology that empowers farmers with data-driven insights for enhanced productivity and sustainability. The collaboration between Zuari FarmHub and CropX Technologies signifies a major milestone in advancing precision agriculture in India.

South India leads the Agritech Market in 2024.

South India has emerged as one of the most important regions for agritech development due to digital connectivity, favorable government policies for investment in agritech start-ups. Some of the Indian states, like Karnataka and Tamil Nadu, have experienced significant first-generation pilots as well as the involvement of private players. The higher literacy level in the region and locals’ focus on agriculture as a main sector create a proper environment for testing new technologies. This has favored the attraction of numerous agritech companies to the area, aiming at the acceleration and expansion of agri-solutions.

For instance, on March 14, 2025, the College of Agriculture, Vellayani, Kerala, in collaboration with NABARD and Western Sydney University (WSU), Australia, launched the K-AgTech LaunchPad, a pioneering Rural Business Incubation Centre aimed at fostering AgriTech innovation and entrepreneurship. The K-AgTech LaunchPad is an advanced incubation center designed to support AgriTech startups, rural entrepreneurs, and farmer-led businesses. With a ₹15 crore grant, this initiative will provide structured incubation, market linkages, technology access, business acceleration, and women's empowerment

Agritech Industry Competitive Landscape

The India Agritech market is competitive, with several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions.

Top India Agritech Companies

Some of the major players in the market are Cropin Technology Solutions Private Limited, DeHaat (Green Agrevolution PVT. LTD.), Ninjacart Pvt. ltd. (63Ideas Infolabs Private Limited), Fasal (Wolkus Technology Solutions Private Limited), AgNext Technologies Private Limited, AgroStar, BharatAgri, AVPL International, FarmERP (Shivrai Technologies Pvt. Ltd.), and EM3 Agriservices.

Recent Developments in the India Agritech Market

• On April 1, 2025, Dexian India announced a groundbreaking investment in agritech to empower Indian farmers. Dexian India is looking to make a big splash in AgriTech with BIHAN, a new platform that integrates 70+ external datasets from users across 47,000+ villages to provide actionable insights on government schemes, market prices, and agri-assets mapping.

• On December 6, 2024, Ninjacart, India’s leading agri-tech startup, announced the launch of its Ninjacart Startup Program. This agri-tech-focused startup program aims to accelerate the growth of early-stage FoodTech and AgTech startups by providing access to cutting-edge technology, venture capital partners, financial backing, and expert business advisory.

• For instance, on March 31, 2021, the Ministry of Jal Shakti decided to take the digital route to use sensor-based IoT devices to effectively monitor the implementation of the Jal Jeevan Mission (JJM) in more than six lakh villages to monitor the rural drinking water supply systems in villages. For this, the National Jal Jeevan Mission, in collaboration with Tata Community Initiatives Trust (TCIT) and Tata Trusts, completed pilot projects in several remote villages of five States, i.e., Uttarakhand, Rajasthan, Gujarat, Maharashtra, and Himachal Pradesh.

India Agritech Market Report Coverage

Reasons to Buy the India Agritech Market Report:

• The study includes market sizing and forecasting analysis confirmed by authenticated key industry experts.

• The report briefly reviews overall industry performance at a glance.

• The report covers an in-depth analysis of prominent industry peers, primarily focusing on key business financials, type portfolios, expansion strategies, and recent developments.

• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

• The study comprehensively covers the market across different segments.

• Deep dive regional level analysis of the industry.

Customization Options:

The India Agritech market can further be customized as per the requirements or any other market segment. Besides this, UnivDatos understands that you may have your own business needs; hence, feel free to contact us to get a report that completely suits your requirements.