The revolution of Vertical Farming
These Indian Vertical Farming companies lead mainly due to its productivity and growth per unit of time very exponentially and Its all credit goes to Agritech Automation.
Vertical farming has witnessed enormous development in many nations throughout the world, including India, due to the technology’s promise to tackle one of the world’s most serious problems: food security.
Vertical Farming’s impact on agriculture
These vertical farms might be built in highly populated locations, supplying fresh, healthful food to millions of people throughout the year, regardless of weather conditions.
Soil deterioration, desertification, and extreme weather events such as floods and droughts are all threats to India’s agricultural productivity. Alternative agricultural methods, such as vertical farming, are becoming increasingly popular as a result.
The Indian context
Experts estimate in the past 40 years, the World has damaged one third of its arable lands. We don’t understand how much more we can sacrifice in the forty years that follow. Availability of food due to a growing population along with ever-declining arable land poses one of the biggest challenges that we face.
With a population of 1.32 billion, India is now the world’s second-most populated country; however, the National Commission on Population (NCP) projects that India’s population will expand by 25% by 2036. When combined with climate change, guaranteeing the country’s food security becomes even more difficult.
Despite the fact that India’s agriculture is self-sufficient in food, it nonetheless houses a quarter of the world’s hungry. Horizontal farming in India is resource-intensive due to abuse of water, fertilisers, and pesticides in agriculture.
Preview of Top companies in vertical farming
Vertical Farming, A process of growing plants in vertically Stacked Layers and grows in an environmental controlled condition making the process interesting and logical. It’s a type of professional agricultural process used to optimize plant growth & increased crop yield upto 30X times. the concept was first proposed by Dickson Despommier in 1999 at Columbia University.
Vertical Farming could be the future of food production : The B1M
Initially, vertical farming in India set its primary objective is to enhance more food per square meter. To achieve this goal, crops are grown in stacked layers within the structure of a tower life.
Researchers are diligently campaigning on this theory of vertical farming in India and abroad and already had their initial success in working hydroponically on vertical farming on a small scale. In Indian states like West Bengal and in Punjab, small-scale adaptations of vertical farming in India have been seen since long.
The vertical agricultural sector in the India is rapidly growing at a Compound annual growth rate of more than 24 percent between 2018 and 2024, when it is expected to reach $3 billion annually. In addition, the entire U.S. fresh fruit and vegetable market is valued more than $104 billion today. It is rising steadily, and is estimated to hit $5.8 billion by 2022, with the highest growth in the Asia-Pacific region.
These are the top 5 Biggest Vertical Farming In India & World projects leaded.
Bowery Farms
Bowery Farming plans to build large-scale indoor farms in cities across the country With a $90-million investment from GV. GV (formerly Google Ventures) led the round with Uber CEO Dara Khosrowshahi taking part for this deal.
Bowery manufactures pesticide-free items that are sold at Whole Foods, supermarkets in New York City, and Sweetgreen, a organic chain restaurant that last month closed a $200 million investment-round. To track plant development, BoweryOS operating system uses computer vision and machine-learning.
Venture Beats
By applying machine learning algorithms to large sets of data collected by a network of sensors and cameras, an organization spokesperson said in a statement of VentureBeat that BoweryOS can make automatic adjustments to climatic conditions to enhance food quality , health and yield.
Bowery Farms Since its launch in 2015, Bowery received more than $140 million in funding, strategically building a supply chain in the USA. The leafy greens are ready for purchase via Whole Foods Market & Foragers.
It also delivers and starts selling a number of restaurants online. Bowery says that it uses “zero pesticides and non-GMO” seeds may suggest that some vertical farms have not the same concepts and this is what their innovative points are.
Aero Farms
Aerofarms itself makes itself one of the most precious company raises vertical farming in India exponentially via raising $40 million in support by world-renowned chef David Chang, megabrand IKEA and Dubai’s ruler Sheik Mohammed bin Rashid.
Using their innovative biological parent system , the company seeks to use the money to address the increasing challenge of bringing healthy , sustainable fruits and vegetables to the growing world population.
AeroFarms tend to grow leafy greens in fully controlled enclosed spaces, without sunlight or soil, in vertically stacked pipes.
It is better for the environment than traditional agriculture because it requires 95 percent less water, grows in half the time of traditional crops, does not deplete soil, and therefore can be grown year-round and represented locally — even in cooler environments.
Plenty
Plenty Indoor vertical farming company raised $200 million in a second B round of funding, the largest agtech investment to date.
Plenty Produce great production Within the same amount of land, the vertical farm can grow up to 350 times more output than the conventional farm, requiring lesser groundwater too.
Plenty was established in 2013. It currently employs 100 people in San Francisco and Wyoming. The Business is planning to sell its vertically produced crop this autumn.
Bright Farms
BrightFarms raised $112 million since its establishment in 2010, It appears more interested in hydroponics, which relates to growing plants with water, or, to be more specific, solutions of mineral nutrients in a water solvent.
BrightFarm Makes pesticides, herbicides or fungicides are not used on our greens. The same can not even be said of organics.
Eco India: The hyperlocal farm delivering freshly-harvested, leafy greens right to your doorstep
According to David Chang, founder of Momofuku Group, said, “Momofuku has always championed local farmers and is continuously looking for innovative solutions to improve our quality and sustainability practices.
AeroFarms’ incredible technology allows them to grow consistent, high–quality ingredients all year round. At the end of the day, Companies for Vertical farming in india always goal to find delicious ingredients from local purveyors we admire, and I am excited to partner with AeroFarms.”
