The India precision agriculture market size reached USD 304.60 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 700.87 Million by 2033, exhibiting a growth rate (CAGR) of 9.70% during 2025-2033. The rising demand for high crop yields, government support through subsidies, increasing adoption of AI-driven analytics, expanding IoT-based farm management systems, declining sensor costs, and the need for sustainable water and nutrient management are some of the major factors augmenting India precision agriculture market share.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 304.60 Million |
Market Forecast in 2033 | USD 700.87 Million |
Market Growth Rate (2025-2033) | 9.70% |
Government Investments and Incentives Driving Precision Agriculture Adoption
The Indian government is actively supporting the adoption of precision agriculture by funding technology-driven initiatives, which is positively impacting the India precision agriculture market outlook. The government is investing in sensor-based monitoring, the internet of things (IoT)-enabled farm automation, and artificial intelligence (AI)-driven analytics as a top priority as it recognizes the potential of precision agriculture to increase productivity and resource efficiency. For instance, on September 17, 2024, the Indian government announced an INR 6,000 Crore (about USD 690 Million) investment to promote precision farming using technologies such as artificial intelligence, drones, and data analytics. This initiative, under the Mission for Integrated Horticulture Development (MIDH), aims to enhance crop yields by covering 15,000 acres and benefiting 60,000 farmers over five years. Also, 22 Precision Farming Development Centers (PFDCs) have been established nationwide to test and adapt new technologies to local needs. The integration of technologies into mainstream farming practices leads to an increased focus on optimizing water use, improving soil health, and reducing dependency on excessive fertilizers and pesticides. Moreover, subsidized access to GPS-guided tractors, drone-based crop monitoring, and automated irrigation systems is making precision farming tools more accessible to small and medium-scale farmers. Policies promoting digital agriculture platforms are also encouraging private sector participation, leading to a growing ecosystem of agritech startups and service providers. In addition to this, financial incentives for sustainable farming practices, such as precision nutrient application and climate-resilient agriculture, are driving farmers toward data-driven decision-making. These initiatives are enabling Indian farmers to integrate modern techniques, improve efficiency, and ensure long-term sustainability in food production.
Expansion of Satellite and Drone-Based Crop Monitoring
The integration of satellite imagery and drones is revolutionizing agricultural monitoring in India by offering high-resolution, real-time data on soil health, crop stress, and pest infestations. Satellite-based remote sensing, supported by platforms like ISRO's Bhuvan and private satellite networks, enables large-scale farm assessments and precision input applications. Drones equipped with multispectral and thermal imaging sensors are gaining popularity for localized crop surveillance, allowing farmers to detect nutrient deficiencies, water stress, and disease outbreaks early. The introduction of policies and supportive efforts by the government and private firms for precision farming further accelerates India precision agriculture market growth. For instance, on November 28, 2024, BharatRohan launched the BharatRohan Pragati card in collaboration with Obopay and Mastercard to provide Indian farmers with a specialized multi-wallet instrument for targeted credit access, digital transactions, and incentives for adopting sustainable farming technologies like drones. The card facilitates seamless purchases of agricultural inputs, enables access to supply chain financing, and integrates with Mastercard Community Pass to streamline produce sales and financial transparency. This program aims to reach 500,000 farmers by 2027 and supports environmentally friendly farming methods and India's objective of doubling farmers' income. Agribusinesses and cooperatives are leveraging drone-based precision spraying to reduce pesticide and fertilizer usage while improving field coverage. s hardware costs decrease, and regulatory frameworks evolve, drone and satellite-based precision agriculture are becoming more accessible, helping Indian farmers transition toward data-driven, high-efficiency farming practices.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on technology, type, component, and application.
Technology Insights:
The report has provided a detailed breakup and analysis of the market based on the technology. This includes GNSS/GPS systems, GIS, remote sensing, variable rate technology (VRT), and others.
Type Insights:
A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes automation and control systems, sensing and monitoring devices, and farm management systems.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes hardware and software.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes mapping, crop scouting, yield monitoring, soil monitoring, precision irrigation, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Technologies Covered | GNSS/GPS Systems, GIS, Remote Sensing, Variable Rate Technology (VRT), Others |
Types Covered | Automation and Control Systems, Sensing and Monitoring Devices, Farm Management Systems |
Components Covered | Hardware, Software |
Applications Covered | Mapping, Crop Scouting, Yield Monitoring, Soil Monitoring, Precision Irrigation, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: