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Showing posts with the label India Faas Market Share

India Faas Market Trends, Segmentation, Key Players, Application And Forecast

Factors such as the increasing implementation of government initiatives to support the farmers, such as the Pradhan Mantri Krishi Sinchayee Yojana (PMSY) and Soil Health Card Scheme, and improving internet connectivity in rural areas will fuel the Indian farming as a service (FaaS) market growth during the forecast period (2021–2030). Moreover, the rising efforts made by private companies to enhance the productivity and efficiency of the agriculture sector will also contribute to market growth in the coming years. The launch of several government initiatives to support farmers is a prominent growth driver for the India FaaS market . Central and state governments are providing security and benefits to farmers through plans such as Paramparagat Krishi Vikas Yojana (PKVY) and organizations such as the Agricultural Technology Management Agency (ATMA) to protect them from fraudulent activities. Owing to the extensive government support, the agritech market is attracting attention from priva...