March 11, 2024

More cooperation between India and Philippines to benefit Philippine agriculture companies

Philippine agriculture companies, as well as those in the financial technology and cybersecurity sectors, are expected to benefit from increased cooperation in digitisation and sustainability between India and the Philippines, said Indian Ambassador to the Philippines Shambhu S. Kumaran.

On the sidelines of the India-Philippines tech summit on March 5, Kumaran said both countries "have identified areas" that they will be focusing on, with "the center of development imperatives" being agriculture and the digital economy". Mr. Kumaran said on March 5.

Within the context of the cooperation, the Philippines can tap into India's approach to digitalising agriculture and modernising farming practices.

"I think the idea is to try and see what has happened with the deployment of digital tech in the Indian agriculture sector and for the Philippines to look at absorbing that and leveraging that to increase productivity here," Kumaran said.

- Business World