Waste and sustainability are two of the most important pieces of agricultural information and there are many green startups that are working their hardest to make an impact on how the industry runs while making it better for the planet. Some of the most important work is coming from Indian entrepreneurs who know the importance of sustainability and it’s worth looking at what they’re doing about it and how the rest of the world can keep pace with them. These startups will have a major impact on the future of agriculture and it’s going to be a positive change.

Working on sustainability not only benefits the planet, but the businesses themselves, which makes it an easy decision to make, especially for green startups that are leading the charge. It drives investment from other companies, as well as attracts talent to the sector, ensuring that the agricultural industry is filled with the best minds that want to be part of a startup and turn it into something special. All this is happening in India and reshaping the work the country does in a positive way for many sectors.

Renewable Energy

The rise of India in the agricultural sector has come in several forms that have far-reaching impacts on the industry and one of the biggest has been the use of renewable energy. It’s grown to become a top renewable energy market with a goal of reaching 450GW of renewable capacity by 2030. They’ve invested heavily in solar energy with the country now coming in as the third largest installer of solar power in the world.

Not only is India installing solar panels, but it is also providing new solar products as well as creating new financing models to make them an affordable option around the world. These ambitious projects are changing the agricultural industry and India plans to keep expanding on them for the foreseeable future. It’s one more area where green startups are taking the lead and finding innovative ways of expanding renewable energy capabilities throughout the country.

Government Incentives

Another important piece of agricultural information is that the Indian government is taking part in the green startup revolution by offering incentives and subsidies to companies that make the new technologies, as well as the ones that use them. The Modified Incentive Package, for instance, provide subsidies to companies that buy industrial units with high energy efficiency and management of waste. This is an important subsidy because it works in less developed areas of the country that wouldn’t normally invest much capital into high efficiency units, replacing their old equipment at the same time.

On top of that, the government also offers tax breaks to companies that invest in renewable energy, such as wind turbines and solar panel, which works to ease the need for fossil fuels and grow the renewable energy sector. Green startups that focus on sustainability are given access to incentives, grants, and funds, making it easier for them to operate and grow. This places India in a place of advantage when it comes to growing their green businesses and the government is dedicated to continue growing it in the future.

Social Impact Models

Social impact models are being adopted by green startups and social responsibility is playing a bigger part of their business models. Other sectors, such as healthcare, women’s empowerment, and education are seeing new companies emerge that use these social impact models to improve the way they work and what they do for the people of the country. This also leads to more interest in entrepreneurship among the Indian youth, which leads to more green startups and more success in the deployment of renewable energy.

With so much new interest creating startups, impact investing funds are becoming bigger parts of the country’s efforts to increase renewable energy and higher efficiency equipment that can work to decrease CO2 emissions are India. Startup accelerators are also working to provide support and funding for new startups to get them operating sooner and more efficiently. This, along with the availability of tax breaks and investments makes it a very good time for entrepreneurs to build their green startups.

The Future of Indian Agriculture

With such a strong investment being made in green startups, the future of Indian agriculture is brighter than it’s ever been, especially when it comes to its social impacts and environment impacts. As more low efficiency equipment gets phased out and replaced with high efficiency models, the impact of fossil fuels will continue fall around the country and make it a better place for its citizens to live in and work. Renewable energy is consistently on the rise and the country’s investment in it will continue to be a leading factor in the future.

Reducing waste is also a big factor in the future and new technologies are being developed to be more efficient and keep pollution out of the agricultural industry, creating less waste as new methods are developed. That’s not to say that the hard work is done and it’s going to be a long road to get where India wants to be in the future. Still, they’re well-placed to get it done and are committed to making the changes to need to come to fully transform their industry.