Digitisation changing the face of agri sector
Visit: www.wealthitglobal.com Traditionally, agri warehousing industry was looked upon as an asset-heavy model which gave importance to creation of the warehousing space alone without any emphasis to efficient handling, scientific processes and management of the same. Lately, we see a shift in focus with increasing importance being attributed to systems and processes which are making agri logistics purely a services-driven sector. With a sector focused on services and better delivery modules, the players have initiated an integrated model wherein warehousing management, collateral financing and agri financing are provided under one umbrella. This has enabled the delivery of agri financing within hours of approval rather than days or months, as earlier. With the emphasis on better services and innovative delivery models, technology is set to be the key enabler for growth of this sector. There are very few integrated service providers receptive to the fact that technology ...