Leadership: We Communicate Your Thoughts
Leadership: We Communicate Your Thoughts
Jital Shah , CEO & Co-Founder, Elai Agritech
Despite accounting for nearly 18 percent of India’s gross domestic product (GDP) and 40 percent of the total rural Net Domestic Product (NDP), the Indian agriculture sector remains one of the most under served verticals in the country. Indian farmers, who constitute a large proportion of small landholders relying on traditional resource-intensive farming techniques, have limited access to modern machinery, logistics, storage facilities, and information such as data on weather patterns, soil health, and the protection of crops. The segment is desperate to host a paradigm shift powered by digital technologies. According to a report by Avendus Capital, Indian AgriTech is expected to grow at a whopping CAGR of 50 percent over the next five years, driven by enormous technology-first value creation opportunities. Siddharth Dialani, Co-Founder, BharatAgri is piloting this transformation through BharatAgri and its algorithms that offer critical inputs to farmers like what they should grow, how they should grow it, when to water, when to provide fertilizer, and whatnot. The passionate young entrepreneur, who made his way to Forbes India’s 30 Under 30 index in 2020, engages in an exclusive interaction with CEO Insights to decipher the challenges and opportunities in the segment.
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Top 10 CEOs From AgriTech - 2023
AgTech Cultivating Ideas for Growth
The economy of India is an Agro-Economy. Being one of the largest agricultural players in the world, India has experienced a buoyant growth in both, agriculture and AgTech in the last decade. AgTech is nothing but innovations used to integrate efficiency, profitability and sustainability across the value chain. It includes hardware and software, business models, new technologies and new applications. AgTech, now with new industry players around it leveraging data, tools and decision-support to assist agribusinesses to meet emerging consumer demands. One of the major factors driving growth for AgTech is the increasing demand for higher crop yields due to the ever increasing global population. And, the rapid urbanization has further boosted the demand owing to the reduction of cultivable land, rise in food shortage, and ever-increasing demand for grains and vegetables.
"If agriculture goes wrong, nothing else will have a chance to go right"
Leaders in Agriculture: Dealers in Hope
The agriculture industry is gradually transforming into a next high-tech sector and technologies like blockchain, artificial intelligence, and computer vision are being leveraged to harness crop yields, supply chains, and sustainability. Giving the above facts a figure, the Indian agriculture market reached a value of about $435.9 billion in 2022 and the market is further expected to grow at a CAGR of nearly 4.9 percent between 2023 and 2028 to reach a value of approximately $ 580.82 billion by 2028. And, the above success as a whole attributes to nothing but to the infusion of strong leadership role such as CEOs and other chief professionals and unmatched academic talent from both agriculture and technology background which has vitally increased the capabilities and has stimulated the growth of this sector, from development of new technology to sustainable farming.
CEO Insights magazine in this issue presents a list of 'Top 10 CEOs from AgriTech - 2023' who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 CEOs From AgriTech - 2023" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
 |
Amandeep Panwar, Co-Founder & CEO | BharatRohan | A technologist combining his expertise in aeronautical sciences with spectroscopy to create an affordable and accessible tool for Indian farmers using data analytics |
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Dr. Amit K. Tripathi, CEO | Cytolife Agritech | An agribusiness professional bearing more than two decades of varied and unique experience in India and Overseas, constantly learning, incorporating changes for better tomorrow |
 |
Arun Suresh, Co-Founder & CEO | FarmLogics Technologies | A successful entrepreneur with 18+ years of experience in the agritech and software industries, with passionate about using technology to transform agriculture and improve food security worldwide |
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Jital Shah, Co-Founder & CEO | Elai Agritech | A third-generation entrepreneur with over 20 years of experience with international business strategy planning for new business development, finance planning, angle investor and agri tech |
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Krishna Kumar,Founder & CEO | Cropin | An agriculture leader solving complex problems across the global agriculture value chain with a focus to transform global agriculture through the convergence of deep tech |
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Madhur Jain,Co-Founder & CEO | Varaha | A young leader focusing to provide agriculture as a solution to climate change while also helping farmers in increasing their income |
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Rajesh Ranjan, CEO | Nabventures Fund | An experienced investor with a track record of profitable exits, ESG investing, and senior investment banker with 22 years of rich experience of both buying and selling side along with operations |
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Ramesh G, Managing Director & CEO | Way2Grow | A young entrepreneur with expertise in management, leadership and communication skills and experience in leading and increasing growth in small and medium businesses |
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Sanjay Agarwal, Founder & CEO | Apna Godam | A budding entrepreneur possessing 20 years of experience in the banking and startup sectors with a focus of helping farmers with better price discovery and providing facilities for the smooth marketing of their produce |
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Shashank Kumar, Founder & CEO | DeHaat | A dynamic leader building tech enabled farmers' platform for full stack agri service, with focus on building AI-enabled technologies to revolutionize supply chain & production efficiency in the farming |
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