Last Updated: August, 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$ 12.5 billion in FY 2014-15. Export of cereals and animal products accounted for 69.7 per cent of the exports in 2014–15, followed by processed fruits and vegetables (24.0 per cent), fresh fruits and vegetables (5.7 per cent) and floriculture products (0.67 per cent).
Indian agricultural/horticultural and processed foods are exported to more than 100 countries/regions. Chief among them are the Middle East, Southeast Asia, SAARC countries, the EU and the US. Major export items include basmati rice and other cereals, processed meat, onions, groundnut, guar gum, jaggery and confectionery. India is not only the largest producer of cereals, but also the largest exporter of cereal products in the world. Cereals accounted for over 40 per cent of the agricultural and food processing exports over the last five years.
Agriculture and Processed Food Products Export Development Authority
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.