Ripe for disruption: Here's a look at seeds of growth in agritech sector

The $370-billion agriculture sector is at an inflexion point and will undergo a complete transformation in the coming years on the back of significant technology and regulatory changes.

Agriculture’s contribution to the country’s gross value added (GVA) is about 20 per cent and continues to be dominated by small and marginal land holdings.

Additionally, close to 55 per cent of the population still depends on agriculture for their livelihood.

According to a Bain & Company report, the idea of doubling farmer incomes in the next few years is likely to become a reality based on the technological and regulatory changes in this sector.