India Micro Irrigation System Market Overview, 2027

India Micro Irrigation System Market Overview, 2027

Bonafide Research 18-10-2022 50 Pages Figures : 8 Tables : 17
Region : Asia-Pacific Country : India Category : Food & Beverages Agriculture

"India, a country with a variety of climates and agricultural traditions, is seeing tremendous expansion and transition in the micro irrigation system industry. As the country faces water constraint issues and tries for sustainable agriculture practises, the demand for effective irrigation solutions has grown. The Indian micro irrigation system market includes a variety of modern technologies and solutions that are aimed to optimise water consumption, increase crop output, and encourage environmentally friendly agricultural practises. India has a substantial market for micro irrigation systems adapted to varied crop varieties, soil conditions, and farming sizes due to its extensive agricultural industry and big number of smallholder farmers. The market offers a number of alternatives to fulfil the different demands of Indian farmers, ranging from drip irrigation systems that give precise water and nutrient delivery straight to plant roots to sprinkler systems that assure consistent coverage across big fields. Micro irrigation system usage is gaining traction in India, aided by government initiatives, subsidies, and growing awareness about water conservation and sustainable agriculture. Sensor-based irrigation scheduling, automation, and remote monitoring are revolutionising the industry, providing farmers with real-time data and control over their irrigation practises. Furthermore, the industry is seeing the incorporation of renewable energy sources, such as solar-powered irrigation systems, to solve electricity supply concerns and enhance energy efficiency. As India works to attain food security, enhance agricultural production, and minimise the effects of climate change, the micro irrigation system market is critical to changing Indian agriculture into a more efficient, sustainable, and water-smart future. According to the research report “India Micro Irrigation Systems Market, 2027” published by Bonafide Research, the market is expected to grow at a CAGR of 12% by the year 2027. During the forecast period drip irrigation is anticipated to display high growth rates. Large parts of agricultural farms are brought under micro irrigation systems to use water more efficiently. The government set a target of 100 lakh hectares covered by micro-irrigation in five years in the 2021 budget. In 2019-20, almost 11 lakh farmers profited from the use of drip and sprinkler irrigation systems, which covered 11.72 lakh hectares of land. Farmers were able to save 20 to 48 percent of their irrigation water, 10 percent of their energy, 30 percent of their labour costs, 11 percent of their fertilisers, and boost crop yield by 20 percent. Companies said the budget announcement of doubling the micro-irrigation fund created with the National Bank for Agriculture and Rural Development (NABARD) to Rs 10,000 crore in 2021-22 will bring over 20 lakh hectares of land under drip and sprinkler irrigation and improve irrigation efficiency. This money will aid in maintaining momentum in well-performing states such as Tamil Nadu, Maharashtra, Gujarat, and Karnataka. The investment would assist in the relaunch of initiatives in states such as Andhra Pradesh and Telangana. More coverage would be provided in emerging states like as Uttar Pradesh, Bihar, and Jharkhand. The country now has 12.3 million hectares under micro-irrigation. Jain Irrigation Systems Ltd based in India is an agri-business firm offering drip and sprinkler systems, pipes and fittings, plumbing systems, tissue culture, solar products, and integrated drinking water solutions, among others. The company has helped Asian countries in the micro irrigation systems applications and has become successful along with Government support. The company has set up drip irrigation pilots for paddy in Karnal (Haryana) and Tamil Nadu and for sugarcane in Maharashtra, Karnataka and Andhra Pradesh. The government of Andhra Pradesh has approved subsidy on micro irrigation project under the Pradhan Mantri Sinchayee Yojana for the year 2021-22 worth Rs. 1,190 Crores. Further, to aid the small-scale farmers with the micro irrigation system equipment and making them with available in the interiors of rural India; Bayer, a global life science company, has been working with the World Bank’s International Finance Corporation (IFC), Netafim, a global supplier of irrigation solutions, and more than 20 local partners at a country level to form the Better Life Farming (BLF) alliance. The alliance offers last-mile delivery solutions to help smallholder farmers become sustainable, commercially viable suppliers of agricultural products. As of July 2021, BLF had established 900 BLF Centres in India, Indonesia, and Bangladesh, reaching more than 300,000 smallholder farmers with products and services from 29 different partner organizations. The centres helped interested farmers introduce micro-irrigation systems and better water management practices to enable optimal utilization of scarce water supplies. Further, ICRISAT’s efforts in integrating farmers with their markets and promoting pulses and chickpea production in Andhra Pradesh and Telangana is further expected to bolster the market growth. Watermelon cultivation is on fast track due to adoption of drip irrigation systems by farmers in Kerala. Generally, watermelon farming is more concentrated in Tamil Nadu, Pondicherry, Andhra Pradesh and Karnataka. Until present times the farmers were reluctant to grow watermelon in Kerala as the seeds prices are very high around Rs 40,000 / Kg and the yield were less and so the profits. But with the adoption of drip irrigation the watermelon production has increased and the farmers earn a good profit. Hyderabad got Asia’s largest drip irrigation project the Ramthal Project installed by Israeli technology with 2,150 Km length. The pipeline is fitted underground and is made of fiber optic material for lasting more than 50yrs. It is executed by Megha Enginerring & Infrastructure Ltd in Bagalkot district of Karnataka. Oil palm cultivation to be increased in North East India, with the use of drip irrigation as it requires less water than other crops like rice, sugarcane or banana. With the aim of bringing more land under oil palm cultivation and growing two crops simultaneously is becoming possible. This is supported by Government of India under National Mission on Edible Oils- Oil Palm in 2021. This will result into reduced imports for oil palm from other countries. Considered in this report • Geography: India • Base Year: 2020-2021 • Estimated Year: 2021-2022 • Forecasted Year: 2027-2028 Aspects covered in this report • India Micro Irrigation systems market with its value and forecast along with its segments • State wise India Micro Irrigation systems market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Types of Micro Irrigation Systems in the report • Drip Irrigation • Sprinkler Irrigation • Other Irrigation Major Companies present in the market: Netafim Limited, Kothari Agritech Private Limited, Jain Irrigation Systems Limited, Mahindra EPC Irrigation Limited, Rain Bird Corporation, Rivulis Irrigation Limited, Valmont Industries Inc., Microjet Irrigation Systems, Finolex Plasson Industries Private Limited, Avanijal Agri Automation Pvt. Ltd, Blurain, Ecoflo India, Niagara Automation & Company. The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to micro irrigation systems market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Report Methodology The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various manufacturers of wind turbines in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases. """

Read More

Card image cap

Interested in this report?
Get your FREE sample!

Requirement Gathering & Methodology
Data Collection Techniques
Our Research Team & Data Sourcing
Data Science & Analytical Tools
Data Visualization & Presentation Skills
Project/ Report Delivery & After Sales Services