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Innovations to Get Markets Right: Emerging Ecosystem of Agritech Startups and FPOs

Author

Listed:
  • Ashok Gulati

    (Indian Council for Research on International Economic Relations (ICRIER))

  • Manasi Phadke
  • Bhushana Karandikar

Abstract

The research objective was to understand how the evolving interface of agritech startups and FPOs is impacting farmers in terms of economic returns, and what important lessons can be drawn to strengthen the existing policy framework. The study included mapping of the landscape of agritech startups and FPOs in the area of agriculture marketing; a deep dive into the experience of agritech startups and FPOs working together; a measure of the early impact and direction of progress through case study approach; and coming up with policy recommendations that can help strengthen this ecosystem for larger sustainable gains for the farmers. The research findings clearly demonstrate the potential of technology and institutional innovations in improving agriculture market efficiency and delivering higher returns to the farmers. We hope this research will add value to the discourse on how innovations are critical for getting market right, and both practitioners and policymakers can benefit from the case study findings and policy recommendations presented in this report.

Suggested Citation

  • Ashok Gulati & Manasi Phadke & Bhushana Karandikar, 2023. "Innovations to Get Markets Right: Emerging Ecosystem of Agritech Startups and FPOs," Indian Council for Research on International Economic Relations (ICRIER) Report 23-r-05, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
    • Handle: RePEc:bdc:report:23-r-05
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    Keywords

    Agriculture Market; Value Chain; Fintech Solutions; Innovation; NCEDX; icrier;
    All these keywords.

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