Deal focus: Aspada backs India’s agri-tech ‘Uber’
Indian agriculture is woefully inefficient. This is in part due to the extreme fragmentation of land ownership; the UN estimates the average farm holding is 1.6 hectares, or just larger than two football pitches. As a result, the nation’s food producers are barely able feed themselves let alone buy the equipment needed to improve yields.
EM3 AgriServices hopes to solve part of the problem by offering small-hold farmers on-farm services with modern machinery, on as pay-as-you-go basis. The company covers nearly every step of the process,...
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