Hydroponics’ coming of age: Tech-enabled ventures with an eye on profits, and investor interest

This Article First Appeared The Forbesindia On August 24, 2023

When you think of Rajasthan, you will probably imagine sand dunes, camels and women carrying pots of water over long distances. This year, it has been raining very heavily for the last two months, and the last two weeks have been the worst,” says Tusshar Aggarwal, co-founder of Rise Hydroponics, during a conversation in early August. “Climate change is real.”

That the monsoon this year has been unusual in its onset, severity and distribution has been in the news, given the severe damage to life, property and infrastructure it has caused in the northern and northwestern regions of the country, while falling short of normal in the eastern regions. In the short term, erratic rainfall affects the sowing of crops and consequent prices of food commodities, and in the longer term, it raises the question of food security.

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