| | JULY 20228INDUSTRY INSIGHTSTo stay ahead of the curve in today's competitive agricultural biotechnology market, agricultural heads need to be aware about back-to-back transformations. How do you see the changing role of a CTO in agricultural biotechnology industry?Agriculture today is dynamic. It is constantly changing with new en-vironments, new technologies, and producing new results. With coun-tries laying impetus on food securi-ty, amidst heightened demand from a burgeoning global population, agri-cultural biotechnology is expected to play a significant role in enhancing farm productivity and self-sufficien-cy. The global agricultural biotech-nology market size is expected to reach $66.2 billion by 2027, at a CAGR of 9.4 percent. This reflects the scope for competition and growth in this segment. A major purpose of biotech-nology in agriculture is to ferry it into the modern age, while offering scien-tific tools and solutions to farmers to increase yield and productivity, and ward off potential natural risks. Ac-cordingly, the role of a Chief Technol-ogy Officer at an agricultural biotech-nology business is evolving in terms of the changing approaches to agri-culture, addressing challenges with solutions, and adding direction and strategy to the path of modernization through innovation. DETAILED & TRENDING INSIGHTS ABOUT AGRICULTURAL BIOTECHNOLOGY INDUSTRYBy Dr. Ramanathan Vairamani, Chief - Technology & Innovation, Rallis IndiaDr. Ramanathan Vairamani, Chief - Technology & Innovation, Rallis India
< Page 7 | Page 9 >