Minister highlights industry-friendly policies, calls for innovations
Backed by its inherent strengths in automotive & engineering sector along with large market for agri machinery, low-labor costs, trained workforce, an industrialized economy, India is well positioned to be a factory of the world in manufacturing agri machinery.
But this potential has not translated in exports of implements, harvesters, combines machinery, Minister of Agriculture & Farmers’ Welfare Narendra Singh Tomar told delegates at a Farm Machinery Technology summit on 27 Apr 2023.
To encourage international agri machinery manufacturers to setup plants, sourcing from India would require enabling policies, incentives, technical manufacturing tie-ups with global players, he noted.
Addressing the inaugural Session of 3rd edition of CII’s Summit on Farm Machinery Technology organized in collaboration TMA (Tractor and Mechanization Association), Tomar hailed the immense work done by scientists and specialists of R & D to be able to bring forth the technologies that can be used by the farmers in their fields and therefore achieve more productivity and specially so with the challenges of demand of food for the burgeoning population of India.
He also mentioned that industry friendly policies of Central Government in the last 7 to 8 years have always focused on encouraging innovation and entrepreneurship.
While congratulating CII and TMA for taking up a very future oriented theme for today’s session, he expressed his confidence of India being the Global Leader in Agri Machinery.
Bharatendu Kapoor, Summit Chairman & President – Sales & Marketing, TAFE Ltd, added, “There is tremendous self-reliance that the country has today in terms of food production, but this can only be sustained for the population of next 2 to 3 decades if the implements manufacturers also join the revolution of technology and product innovation by focussing more on precision agriculture.”
The 2-day program covered conferences, vendor development program & exhibition on new technologies & design innovations from 27-28 April 2023 at India Habitat Centre, New Delhi.
The summit brought together the OEMs in farm machinery, policy makers, technology suppliers, product development & design firms to deliberate how government policies, advent of new technologies and product design innovations can address challenges and chart the growth path for the sector.
Twenty-five speakers addressed more than 130 industry delegates at the summit while 23 exhibitors showcased their products from farm components, equipment, machinery, technology, and tractor manufacturers/OEMs. fiinews.com
