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Wednesday / February 21. 2024
HomeInputsAgro chems – ChemicalsIoTechWorld and Syngenta to launch commercial DaaS business model in Haryana, Punjab, MH & AP

IoTechWorld and Syngenta to launch commercial DaaS business model in Haryana, Punjab, MH & AP

Activities to be also undertaken in the states of Andhra and Telangana

India’s leading Agri-drone manufacturer IoTechWorld Avigation and Agro-chemical major Syngenta India have jointly developed a sustainable DaaS business model and will launch the commercial spraying services across 4 major states – Andhra Pradesh, Maharashtra, Punjab, and Haryana In the next season of Kharif & Rabi.

IoTechWorld & Syngenta have already conducted the drone Yatra in 13 states and demonstrated the benefits of agriculture drones to more than 1 lakh farmers in a 17,000 km yatra.

Already, a joint pilot activity using actual agrochemicals has been successfully conducted in Ludhiana, Punjab wherein farmers and agri-entrepreneurs were briefed about the benefits of using drone technology in spraying agrochemicals. 

Providing details about the plan, Co-Founders of IoTechWorld Deepak Bhardwaj & Anoop Upadhyay said, “We have joined hands with Syngenta India to facilitate drone spraying across India. We did a pilot in the state of Punjab and the response has been very encouraging. As a next step, both companies jointly plan to amplify the activities in the states of Andhra Pradesh, Telangana, Maharashtra, Madhya Pradesh, Punjab, Haryana, Karnataka, Uttar Pradesh & West Bengal. The idea is to highlight the benefits of spraying using drones to farmers and other stakeholders.”

“Our association is unique in many ways. While our product Agribot is India’s first DGCA-type certified company, Syngenta is the first private company to get approval from the Central Insecticides Board, Government of India to use drones for spraying its Crop Protection products in crops like Paddy, Wheat, Sugarcane, Potato, Hot pepper etc. It is thus natural for consumers including farmers and agri-entrepreneurs to have faith in our joint initiatives,” both co-founders added.  

Providing details on the business model, Saurabh Srivastava, General Manager – Sales of IoTechWorld Avigation, & Mahantesh Chulaki – Lead Operations, Syngenta India, said, the idea of this sustainable cluster-based DaaS business model is liked by many agritech & startups firms as it gives the surety of YOY spray demand from Syngenta which mitigate the risk of capital investment of drone service provider. Even financial institutions like SBI who are providing the capital loan up to 2Cr through the AIF scheme of GOI, are also very confident to disburse the loan as their risk is mitigated through assured business demand offered by Syngenta.

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