Optimizing Irrigation for Maximum Yields

The market for irrigation equipment in India is growing at a robust rate due to several important reasons. This includes the growing need for efficient irrigation solutions as agriculture continues to remain prime in the Indian economy, addressing water scarcity, and sustainable crop production. One of the prime factors accounting for the market growth of irrigation equipment concerns growing need for modernizing agricultural practices. Appropriate measures have been taken by the Indian government to promote improved irrigation infrastructure with advanced technology. The upshot of these has been an increase in the adoption of drip and sprinkler irrigation, which has proved more water-efficient than the conventional methods.

Growing market awareness of the benefits of precision irrigation and water conservation by the farmers of developed economies is also forming major market opportunities. In fact, many companies are working on advanced irrigation equipment, such as smart controllers and sensors, to make water usage more efficient and better at managing crops. More investment, both public and private, in irrigation is driving market growth. Companies are continually developing new irrigation solutions in order to cater to different needs in agriculture. This induces diversity in the products and services provided in the market. Entry of global players and expansion by some of the local manufacturers are set to further stimulate competition and innovation. Secondly, climate change and erratic weather conditions have further increased the need to irrigate. The farmers are seeking solutions that best utilize the available water and mitigate risks associated with poor and unpredictable rainfall.

In the current issue, we introduce you to the top companies in this segment. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.

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