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Agricultural product is the 4th largest exported principal commodity with a share of 10 per cent of total exports of the country.

Growth of Agriculture Industry in India - Infographic

Latest update: December, 2017

  • Gross Value Added by agriculture, forestry and fishing is estimated at Rs 17.67 trillion (US$ 274.23 billion) in FY18*.
  • Agriculture and allied sector’s GVA at constant 2011-12 prices grew a CAGR of 2.75 per cent between FY12-18.
  • Agriculture is the primary source of livelihood for about 58 per cent of India’s population.
  • As per Union Budget 2018-19, allocation of Rs 57,600 crore (US$ 8.9 billion) was made for The Agriculture Ministry.
Growth

Notes: GDP – Gross Domestic Product, MOSPI – Ministry of Statistics and Programme Implementation, * 1st revised estimates, ** 2nd advance estimates
Source: Ministry of Agriculture, Print Release, RBI, Aranca Research, MOSPI, Central Statistics Office (CSO)

  • India is among the 15 leading exporters of agricultural products in the world.
  • Total agricultural exports from India grew at a CAGR of 16.45 per cent over FY10-18 to reach US$ 38.21 billion in FY18.
  • The contribution of agriculture to total export was 12.26 per cent in FY17.
  • Tea exports from India reached a 36 year high of 240.68 million kgs in CY 2017
Growth

Notes: CAGR - Compound Annual Growth Rate, FY18* - up to January 2018, 1_Principal Agriculture commodities, CY Calendar Year
Source: Ministry of Commerce, World Trade Organisation, Indian Budget 2016, APEDA, Business Standard, DGCIS

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