Amazon, Microsoft swoop in on US$24bil India farm-data trove

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India's government has agreed to give US Tech giants access to its trove of farming data, in hopes big data can improve the nation's agriculture industry and food security.

A farmer sells vegetables from a stall outside her farmhouse in Madhya Pradesh, India. US tech giants are looking to farm data from India's farmers in a government-led drive to transform its agricultural industry. — Bloomberg

With the project, Modi is seeking to usher in long-due reforms to make over a farm sector that employs almost half of the nation’s 1.3 billion people and contributes about a fifth of Asia’s third-biggest economy. "This is a high impact industry and private players are sensing the opportunity and want to be a large part of it,” said Ankur Pahwa, a partner at consultancy EY India."India has a very high amount of food wastage because of lack of technology and infrastructure. So there’s a huge upside to the programme.”

But success is far from guaranteed. The plan to rope in big corporations is already drawing fire from critics, who say the move is yet another attempt by the government to give the private sector a greater sway, a development that could hurt small and vulnerable farmers.

 

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