Last Updated: July, 2015
Agriculture is the mainstay of the Indian economy, providing employment to over 50 per cent of its workforce and also contributes around 15 per cent to the country’s GDP. The agriculture and food processing sector plays an instrumental role in augmenting the growth of the economy, as it is an important source of raw material for the industrial sector.
The agrarian culture and varied regional climate in India have made a significant contribution to the global food basket. Indian curries, mangoes, snacks and spices are known for their excellent quality worldwide. Owing to advancements in technology in the agriculture and food industry, India holds the second rank in food production. The country also holds the top position in the following food segments:
The overall exports of agriculture and processed food products have touched US$ 11,023.79 million in the period April-September 2014. Exports of fruits and vegetables, both processed and fresh, have touched US$ 1,153.81 million, while animal products registered US$ 2,570.82 million amount of exports in the same period of 2014.
The Agriculture and Processed Food Products Export Development Authority (APEDA) plays a significant role in tapping India’s agricultural strengths and works towards expanding the export potential of Indian agricultural and food products.
Other Export Promotion Councils:
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.