Transforming Agriculture Through Innovation and Technology

Mohali is rapidly becoming a focal point for agritech innovation as the Punjab government rolls out a ₹200 crore investment plan to nurture startups in the sector. This initiative is poised to revolutionize agriculture by integrating technology, enhancing productivity, and ensuring sustainability.

Key Highlights of the Investment Plan

• Startup Incubation Support:
  • The Punjab Agri-Innovation Centre in Mohali will serve as a hub for agritech startups, offering access to advanced infrastructure, R&D facilities, and mentorship programs.
• Funding Opportunities:
  • Startups can avail grants of up to ₹50 lakh for projects focusing on precision farming, AI-based crop monitoring, and sustainable irrigation systems.
• Focus Areas:
  • The initiative targets solutions for water management, soil health monitoring, and supply chain optimization to address key challenges in Punjab’s agricultural ecosystem.

Economic and Agricultural Impact

• Employment Generation:
  • The project is expected to create over 5,000 direct jobs in the agritech sector, empowering the youth with opportunities in innovation and entrepreneurship.
• Boosting Farmer Income:
  • By adopting tech-driven solutions, farmers in Punjab can reduce costs and enhance yields, with projections indicating a 15-20% increase in annual incomes.

Startup Success Stories

• GreenTech Solutions:
  • This Mohali-based startup has developed AI-powered drones for crop health monitoring, already benefiting over 1,200 farmers in the state.
• HydroGrow Systems:
  • Specializing in vertical farming solutions, this startup is gaining traction among urban farmers.

Future Vision

• Expanding the Ecosystem:
  • Plans are underway to establish agritech clusters in Amritsar and Ludhiana, further solidifying Punjab’s position as an agritech leader.

For More Information:
Visit the Punjab Agri-Business and Agri-Innovation Centre for details on startup grants and partnerships.

Mohali’s emergence as an agritech hub signals a transformative era for Punjab, combining tradition with innovation to redefine Indian agriculture.