How Automation Can Help Increase Farmers’ Incomes - NAFA

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• How Automation Can Help Increase Farmers Incomes
  - NAFA

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Table of content

• How Automation Can Help Increase Farmers Incomes

Benefits Of Automation In Farming

• About Us

• How Do Farmers Earn More With Automation?

Bottom Line
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About Us - Financing Solutions For Climate
Resilient, Future Ready Profitable Farming.

• Netafim Agricultural Financing Agency Pvt. Ltd.
  (NAFA) was promoted by Netafim Group, Israel to
  finance the stakeholders in micro-irrigation
  value chain. Netafim invented and pioneered the
  adoption of drip irrigation system across the
  world with the mission to promote a global change
  in the way water is used in agriculture.
• One of the major hurdles in adoption, of micro
  irrigation by farmers, was their access to
  finance, hence Netafim decided to provide
  financial solutions to the stakeholders in micro
  irrigation value chain. NAFA, the Non-Banking
  Finance Company (NBFC) of Netafim Group, received
  the RBI license and commenced operations in
  March2013.

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• How Automation Can Help Increase Farmers Incomes

• The agricultural sector is consistently faced
  with huge workloads related to various metrics
  and processes. These include monitoring plant
  health, livestock welfare, and soil conditions
  farmers also have to keep track of yields,
  finances, and repayment of various agricultural
  loans. On top of that, the current world
  population of 7.96 billion people has increased
  the demand for agricultural supplies worldwide,
  adding to increased pressure.
• In this scenario, automation has been emerging as
  a boon for farmers. Now, they can automate farm
  management for better planning and outcome
  predictions. There are many cases of automation
  in farming, ranging from price analysis,
  inventory management, improved accounting, etc.
  All of these result in a maximised yield and
  enhanced efficiency and productivity. This can
  potentially increase the demand for agricultural
  machinery finance programs. In fact, a few
  agricultural equipment finance companies
   like NAFA, have come forward to help farmers
  achieve their goals.
• Farmer incomes could be significantly increased
  by adopting automation. So, let us take a look at
  automations benefits and ways it boosts farmers
  income.

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• Benefits Of Automation In Farming

• Though automation might be intimidating to some
  farmers, it has many benefits. It is a
  misconception that automation can take away
  farmers jobs, but in actuality, it makes them
  highly productive and efficient. Lets check a
  few of its benefits
• ? Improved quality It is possible to boost
  overall quality analysis processes by
  implementing automated grading and sorting
  systems. The use of RPA can eliminate errors and
  enhance response time.
• ? Increased productivity Automation reduces the
  requirement for manual labour. Thus, production
  processes run almost non-stop.
• ? Robust risk management Automation enables
  continuous task monitoring at scale both
  efficiently and cost-effectively. The software
  uses AI and ML technologies to maintain high data
  accuracy.
• ? High human performance The majority of
  repetitive tasks can be automated, allowing
  workers to devote their full attention to other
  critical farm-related tasks.

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• How Do Farmers Earn More With Automation?

• With automation, farmers can earn a better income
  in the following ways
• ? Reduced farming cost
• It is a well-known fact that agricultural labour
  is expensive. As per NewBean Capital and Dr
  Kozai, around 26 to 40 of production cost is
  dedicated to indoor farming labour. The need for
  traditional manual work and plant science adds to
  high expenses. However, companies like NAFA have
  been helping farmers tackle these issues by
  providing needed financial help.
• With the inclusion of robotics and automation in
  the farming processes, farmers can cut a
  significant amount of costs and boost efficiency.
  With agricultural automation, farmers get the
  facilities to allocate time better, where less
  time is given to routine tasks and more focus is
  given to value-based tasks.

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• How Do Farmers Earn More With Automation?

• ? Climate-resilient farming
• Farmers can earn income even under climate
  variabilities if they take an automated CRA
  (Climate-resilient agriculture) approach. It
  includes the use of available natural resources
  sustainably through automated livestock and crop
  production systems. Digitised livestock systems
  use multiple farming equipment to attain higher
  productivityfor example, plantation or sowing
  equipment. Furthermore, the affordable purchase
  of machines made possible by the agriculture
  equipment finance offerings helps farmers deal
  with adverse climate events.
• ? Solve Labour shortage
• 38 of farmers say they face difficulty finding
  qualified labour, while 30 cant meet their
  temporary labour requirement quickly. Due to
  this, many farmers are adapting to less
  labour-intensive crops. However, with the harvest
  robots, repetitive tasks can be easily automated.
  Thus, the farmers would be able to save a huge
  part of their income with the remarkable labour
  cost and manpower reduction assisting labour
  shortage.

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• Bottom Line

• Though farm automation is in its infancy it can
  transform agriculture in multiple ways helping
  farmers to earn more. Moreover, agricultural
  equipment finance companies support the broader
  adoption of such advancements by providing
  affordable agricultural loans to farmers. Though
  automation technology is becoming more
  cutting-edge, the human element will remain
  fundamental in farm management. But, with high
  productivity levels, better work efficiency, and
  quick task deliveries with automated equipment in
  place, farmers can focus on approaching better
  revenues.

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What We Promote?
Sustainable Agriculture Practices by promoting
climate resilient technologies by focusing on
using water efficiently to reduce negative impact
on environment.
Access to Financial Service To small holder
farmers and Small Medium rural agri enterprises
Improving Farmers Income Level By helping him to
adopt cash-crops, increasing crop-productivity
and helping him to grow more with less
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Thank you
Netafim Agricultural Financing Agency Pvt. Ltd.
(NAFA) Registered Office 1602 1603, The
Affaires, 16th Floor, Plot no. 9, Sector 17, Palm
Beach Road, Sanpada, Navi Mumbai 400 705,
Maharashtra.
Phone Number 91-22-6170 7600 Toll-Free  1800
2677762 Whatsapp  [phone] Email
info_at_nafa.co.in customercare_at_nafa.co.in
Web https//nafa.co.in