Jain Irrigation, the food and plant production company, has acquired the Australian firm Observant, taking over the core team and hardware and software services it offers. Observant builds applications for precision water management in farms, and Jain Irrigation management said that this acquisition should complement the company's irrigation manufacturing products.
The demand among Indian farmers has grown for better solutions to manage drought and unpredictable rain patterns, as El Nino patterns have impacted monsoon rainfall and exacerbated drought conditions, particularly in the northern belts.