ICC FOOD & AGRO Conclave

We are living in an increasingly open and globalized world. Consumers now have access to goods and suppliers from all around the world – a fact that consumers are leveraging to achieve the highest value goods at the best possible price. This has created an opportunity to cater to a much larger market and generate huge returns.

India's food production industry is worth over USD 400 Bn1 and is the primary source of livelihood for 45% of the country's population. India also has a strong position in food production globally and is ranked the second largest producer of agriculture and allied sector products

Agri startups are currently witnessing a surge in technological advancements, sustainability initiatives, and market-driven approaches. With the adoption of emerging technologies like IoT, AI, and data analytics, these startups are revolutionizing farming practices through precision agriculture, smart irrigation systems, and predictive analytics. Additionally, there is a growing emphasis on sustainable agriculture, with startups focusing on organic farming, vertical farming, and hydroponics. Agri-fintech startups are addressing financial challenges faced by farmers, while marketplaces and aggregation platforms connect farmers directly with consumers, bypassing intermediaries.

Data-driven farming and farm management systems provide farmers with valuable insights, while startups in alternative proteins and sustainable food production cater to the increasing demand for environmentally friendly food options. Government support and investor interest further contribute to the growth of agri startups, making them a crucial force in transforming the agricultural sector toward efficiency, sustainability, and profitability.

On the above background note, Indian Chamber of Commerce (ICC) will be organizing the ICC FOOD & AGRO SUMMIT, Focus:Startup Connect for Food & Agriculture. This will serve as a platform for startups and entrepreneurs to showcase their innovative solutions, products, and services that have the potential to transform the food and agriculture sector. This will allow investors and industry leaders to discover new opportunities for partnerships and investments.

The Technical session will focus on 'Connecting with Startups' – an initiative to interact with the participating agri startups and understanding the roadblocks they are facing, while guiding them and giving them a picture of the real market scenario, at present.