Conventional agriculture solely depends upon highly chemical compounds that have negatively ill-affected the health of every living being and the entire ecosystem. Thus, the smart delivery of desired components in a sustainable manner to crop plants is the primary need to maintain soil health in the upcoming years. The premature loss of growth-promoting ingredients and their extended degradation in the soil increases the demand for reliable novel techniques. In this regard, nanotechnology has offered to revolutionize the agrotechnological area that has the imminent potential over conventional agriculture and helps to reform resilient cropping systems withholding prominent food security for the ever-growing world population. Further, in-depth investigation on plant-nanoparticles interactions creates new avenues toward crop improvement via enhanced crop yield, disease resistance, and efficient nutrient utilization. The incorporation of nanomaterial with smart agrochemical activities and establishing a new framework relevant to enhance efficacy ultimately help to address the social acceptance, potential hazards, and management issues in the future. Here, we highlight the role of nanomaterial or nanocomposite as a sustainable as well stable alternative in crop protection and production. Additionally, the information on the controlled released system, role in interaction with soil and microbiome, the promising role of nanocomposite as nanopesticide, nanoherbicide, nanofertilizer, and their limitations in agrochemical activities are discussed in the present review.