info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)

Ag-Tech to Shape India’s Shaking GDP Rates

By Shubhendra Anand , 03 April, 2025

Indian economy is facing new challenges at the end of the month of 2024. India's gross domestic product (GDP) expanded to 6.7 percent in the second quarter of 2024. From April to June 2024, the Indian market began to shrink continuously. It led to a minimal increase in GDP of around 5.4 percent.

Economists projected that it is India's lowest recorded GDP rate since the last quarter of 2022. However, India continues to be the fastest-growing economy in the world even after its GDP dropped in the previous year. India is taking necessary actions to achieve 6.5-7 percent for the financial year 2024-2025. The country is expected to maintain a healthy GDP growth soon. Researchers analyze that increasing consumer spending in the rural Indian landscape is anticipated to drive the national economic rates in the coming year

  Agriculture is the primary source of income in the rural Indian setup. Research shows that subsistence farming in India is the primary driving force. However, this type of cultivation faces severe to extreme climatic conditions. Thus, agriculture may face financial downturns, ultimately leading to a slowdown in GDP. Indian states like Telangana and others are trying to launch artificial intelligence initiatives in farming. The state government and the World Economic Forum are taking the necessary steps to introduce AI to Indian agriculture. The new initiatives in Indian agriculture include blockchain, drone viewing, and AI applications. Thus, collaboration between government and industries is expected to yield promising results.

 Moreover, ag-tech initiatives can take the Indian agriculture landscape to newer heights in the coming years. It will focus on GDP growth, sustainable development goals, and food security. Digital farming can accelerate sustainability, ultimately leading to better GDP. Hence, it can lead to an increase in the nation's economy.

India experiences robust growth, but slow global growth may impact its economic condition:

condition.png

Latest News

UK-FUEL-PRICE-2024.jpg
High Cost of Uk Gasoline Prices Fuels Debate

In the past few weeks, the fuel price in the UK has dropped a bit, but it is still expensive for drivers. From 143.15p per liter, unleaded gasoline primarily sells for 136.15p as of last week, while diesel has remained around 141p per Liter. However…

Read More

s-Leadership-in-Global-Oil-Imports.jpg
Asia's Leadership in Global Oil Imports: Consequences for the Automotive Sector in 2025

Asia has retained the position as the top oil importer in 2025, and continues to maintain that critical position in the energy sector that the world relies on. China has retained its top spot as the most prominent crude oil importer since 2013. The…

Read More

Tesla-2025-Crisis.jpg
Tesla’s 2025 Crisis: Why Europe is Turning its Back on Elon Musk’s EV Empire

Once the clear leader in the electric vehicle (EV) sector, Tesla's European market is expected to be drastically declining in 2025. Although CEO Elon Musk is still divisive in the United States, recent registration numbers show a bleak image of…

Read More

-but-Issues-About-Fairness-Loom.jpg
Brits Support Recycling Tax to Address Waste Crisis, but Issues about Fairness Loom

In 2025, the UK government unveiled many essential policies to address the growing trash situation, including a new plastic packaging tax and a landfill fee rise to lessen dependency on landfills. Studies show that over half of Britons support taxes…

Read More

s-Growing-Nuclear-Energy-Development-in-2025.jpg
China’s Growing Nuclear Energy Development in 2025- A Game Changer for Global Energy

Nuclear energy capacity is growing significantly from the beginning of 2025. It is due to increasing concerns over climate change, and energy security amidst fluctuating fuel prices followed by net-zero targets set up by nations globally. Further…

Read More

Author Pic
Shubhendra Anand

Head Research