Vertical Farm Daily shares a key summary of the ‘Indoor Farming: Financing Resilient Food Systems’ panel discussion that formed part of the Asia-Pacific Agri-Food Innovation Summit agenda.

“The industry is still in its infancy and very infrastructure-heavy as of yet. We’ve been focusing on microeconomics to show investors that we can get there: the more stable production becomes and the better-known the product becomes, the more large investments will follow eventually” noted Henner Schwarz, Managing Director of the Middle East, Africa, and Asia, Kalera.

Vihari Kanukollu, Co-Founder and CEO of UrbanKisaan added that the indoor farming industry in India is also in its infancy stage, however the government is providing subsidies to promote indoor farming, “The potential is huge here, given 22% of the population is based in farming. As we have a huge population, the agricultural revolution is about to start in India. It’s the perfect stage for funding to come in at this point”.

Read the Panel Highlights

 

Joining this panel discussion was:

Session Chair:
John Baker, Principal and Strategy Lead Asia, EQUILIBRIUM, USA

Speakers:
Vihari Kanukollu, Co-Founder and CEO, URBANKISAAN, INDIA
Henner Schwarz, Managing Director of the Middle East, Africa, and Asia, KALERA, GERMANY