Agritech May Churn Out 80k New Jobs In 5 Years

Mumbai: The agri-tech sector is expected to create 60,000-80,000 new employment opportunities over the next five years, a senior executive of TeamLease Services said.Agritech addresses every aspect of farming, from water irrigation advancements for seeds, fertilisers, and pesticides to offering access to advanced farm machinery and market linkages for selling produce, TeamLease Services Chief Strategy Officer Subburathinam P told.

The sector also empowers farmers with real-time advisory services, such as climatic forecasts, pest and disease predictions, and irrigation alerts, helping them make informed decisions in addition to bridging financial gaps by offering credit, insurance, and digital payment solutions as well, he noted.