How Is Technology Paving The Way For Digital Farming Globally And In India - NAFA - PowerPoint PPT Presentation

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How Is Technology Paving The Way For Digital Farming Globally And In India - NAFA

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Netafim Agricultural Financing Agency Pvt. Ltd. (NAFA) was promoted by Netafim Group, Israel to finance the stakeholders in micro-irrigation value chain. Netafim invented and pioneered the adoption of drip irrigation system across the world with the mission to promote a global change in the way water is used in agriculture. – PowerPoint PPT presentation

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Title: How Is Technology Paving The Way For Digital Farming Globally And In India - NAFA


1
  • How Is Technology Paving The Way For Digital
    Farming Globally And In India - NAFA

2
Table of content
  • How Is Technology Paving The Way For Digital
    Farming Globally And In India

Data Analytics Help Farmers Make Informed
Decisions
  • About Us
  • Lot Is Transforming Agriculture Tremendously

Farmers Can Become Financially Resilient And
Generate More Food By Using The Technologies.
Cloud Computing Helps Farmers In Collecting,
Analysing, And Storing Valuable Data
Wrapping Up
3
About Us - Financing Solutions For Climate
Resilient, Future Ready Profitable Farming.
  • Netafim Agricultural Financing Agency Pvt. Ltd.
    (NAFA) was promoted by Netafim Group, Israel to
    finance the stakeholders in micro-irrigation
    value chain. Netafim invented and pioneered the
    adoption of drip irrigation system across the
    world with the mission to promote a global change
    in the way water is used in agriculture.
  • One of the major hurdles in adoption, of micro
    irrigation by farmers, was their access to
    finance, hence Netafim decided to provide
    financial solutions to the stakeholders in micro
    irrigation value chain. NAFA, the Non-Banking
    Finance Company (NBFC) of Netafim Group, received
    the RBI license and commenced operations in
    March2013.

4
  • How Is Technology Paving The Way For Digital
    Farming Globally And In India
  • Agriculture is one of the oldest sectors and has
    been radically transforming. And technology has
    been one of the foremost drivers of agricultural
    transformations leading to advancements in
    equipment and improved productivity. The
    digitalisation of farming is enabling efficient
    cultivation leading to more yield, increasing
    farmer incomes and boosting the economy.
    Technologies like artificial intelligence, IoT,
    cloud computing, connected sensors, and other
    emerging technologies are leading to sustainable
    farming globally.
  • Consequently, framers can make the most of
    agricultural equipment leasing companies and
    avail of agricultural loans from NBFCs like
    Netafim agricultural financing agency (NAFA) to
    upgrade their farming practices by adopting the
    latest technologies. 

5
  • Data Analytics Help Farmers Make Informed
    Decisions
  • The world population is expected to reach 9
    billion by 2050, and the demand for food will
    increase by 70 by 2050. Simultaneously, the
    agricultural output should rise to meet the
    projected demand for food in the coming years.
    Technology is of utmost importance to catch up
    with the rising demand, and the utilisation of
    data analytics in agriculture would help to a
    great extent.
  • There are innumerable data analytics benefits in
    agriculture with emerging precision farming and
    data-driven solutions. The Agriculture Analytics
    Market size was valued at USD 0.8 billion in
    2020, and it is projected to increase to USD 1.4
    billion by 2025 with a CAGR of 12.2. By
    leveraging data, farmers can increase
    productivity, and with the help of real-time
    data, they can gain information and understanding
    about environmental challenges.
  • Data analytics also help farmers monitor the
    crops health and create predictive analytics
    about future yields. Furthermore, they can ward
    off many risks and make a decision based on
    trends, reducing waste and increasing their
    profits.

6
  • Iot Is Transforming Agriculture Tremendously
  • The IoT-based agriculture market size was valued
    at USD 11.9 billion in 2020, and it is expected
    to reach USD 18.7 billion by 2026 with a CAGR of
    8.8. In IoT-based smart farming, monitoring crop
    field conditions with sensors such as soil
    moisture, temperature, humidity, and more is
    extremely easy.
  • It helps automate irrigation systems by adopting
    internet connectivity and monitoring field
    conditions anywhere and anytime. IoT also helps
    reduce the need for manual labour by using remote
    sensors, computer imaging, machine learning, and
    analytical tools.
  • IoT-based agricultural devices with integrated
    farming equipment like NetBeat perform various
    functions such as operational efficiency,
    maximising yields, minimising wastage, cost, and
    energy, increasing profitability, and protecting
    the environment through real-time data. These IoT
    in agriculture technologies consists of unique
    equipment with wireless connectivity, software,
    and IT services.

7
  • Cloud Computing Helps Farmers In Collecting,
    Analysing, And Storing Valuable Data
  • Cloud computing in agriculture allows farmers to
    collect data from soil sensors and high-quality
    satellite images to make informed decisions and
    manage their crops efficiently. The wireless
    sensors help gather real-time data and machine
    learning algorithms analyse the data to aid
    farmers with the proper understanding of the
    farming environment.
  • The sensors monitor the soil in real-time and
    collect data in the cloud-based system, and
    artificial intelligence automatically analyses
    it. Farmers can adopt precision farming that
    leans on technology and reduces the harmful
    effects on the environment. Global greenhouse gas
    emission is a serious concern that the world is
    dealing with and agriculture, forestry, and other
    land use contribute to 24 of greenhouse gas
    emissions. All the technologies like Artificial
    Intelligence (AI), Internet of Things (IoT), and
    cloud computing helps in minimising harmful
    environmental effects and maximising
    productivity, decreasing the use of water,
    fertilisers, pesticides, and much more.

8
  • Farmers Can Become Financially Resilient And
    Generate More Food By Using The Technologies.
  • According to World Economic Forum, India can
    unlock an economic value of 50-65
    billion through digital farming by 2025. With the
    help of technology, farmers can mitigate various
    risks such as climate change and become
    financially resilient.
  • Furthermore, Netafim agricultural financing
    agency(NAFA) helps by providing on-time
    agricultural loans to make the most of the latest
    technologies in farming. Growers and farmers can
    access the all-in-one digital farming
    solution NetBeat, which monitors, controls,
    analyses, fertigates, optimises yield and reduces
    costs. NetBeat software enables farmers to manage
    all their activities from a smartphone.

9
  • Wrapping Up
  • Technology is paving the way for digital farming
    globally and in India and allowing the farmers to
    sustainable agriculture, reducing environmental
    effects, increasing income and produce by
    automating the processes and shifting towards
    precision agriculture. This futuristic and
    sustainable model is helping farmers propel
    Indias economy and take it to the next level.
    And the farmers relying on agricultural loans to
    level up with the advanced technological
    agricultural practices can lean on Netafim
    Agricultural Financing Agency(NAFA) for financial
    solutions to help smart agriculture and
    automation.

10
What We Promote?
Sustainable Agriculture Practices by promoting
climate resilient technologies by focusing on
using water efficiently to reduce negative impact
on environment.
Access to Financial Service To small holder
farmers and Small Medium rural agri enterprises
Improving Farmers Income Level By helping him to
adopt cash-crops, increasing crop-productivity
and helping him to grow more with less
11
Thank you
Netafim Agricultural Financing Agency Pvt. Ltd.
(NAFA) Registered Office 1602 1603, The
Affaires, 16th Floor, Plot no. 9, Sector 17, Palm
Beach Road, Sanpada, Navi Mumbai 400 705,
Maharashtra.
Phone Number 91-22-6170 7600 Toll-Free  1800
2677762 Whatsapp  91-8928493972 Email
info_at_nafa.co.in customercare_at_nafa.co.in
Web https//nafa.co.in
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