More than half of the Indian population depends on Agriculture for their bread and butter, that's why we can say that Agriculture is a backbone of an Indian economy. The contribution of Agriculture in the Indian economy is approx 22% which is the highest contribution. Being the biggest contributor in the Indian economy Indian farmers are not in a good state, farming is facing ups & down due to unpredictable weather, water scarcity & less availability of the good quality of seeds. As per the FICCI report, there is an ample opportunity to use modern technology in agriculture to solve many problems.
When we talk about modern technology than no one can ignore Ecommerce, eCommerce is changing the way of business, however, eCommerce is still not touched every sector in India. Still, many Agri-Commerce startups using the best eCommerce platform are trying to innovate & trying to implement eCommerce in agriculture, the main goal of the startups is to deliver the maximum benefits of the eCommerce, which will lead to saving resources.
In a very layman language, we can say that the combination of agri-business &eCommerce is E-Agribusiness. This is a new concept the in the market wherein every transaction for agriculture will take place with the help of the internet, Ministry of Agriculture & Farmers' Welfare, Government of India is implementing many schemes to promote the E-Agribusiness, the main purpose of e-agribusiness is make every transaction transparent &beneficial for the farmers & for all who are into the agriculture sector. E-Agriculture has many beneficial features such as
1) trading can be done without any barrier of the volume
2) grades &standards cab be maintained of the products
3) increased reach of buyers & sellers
4) trading can be done in a very organized manner
The abovementioned can be path-breaking features of E-Agribusiness.
When we are talking about E-Agribusiness than we can't ignore the scope of it
1) Indian Agriproducts can be sold in other countries
2) for high-profit processed Agri products can be sold online
3) farmers get an update related to Agri market
4) portal like Samb gives the details of the price of the farm goods
