Advantage India
Robust
Demand
*India targets Rs. 8,549 crore (US$ 1 billion) in turmeric exports by 2030, with the Turmeric Board supporting farmers, maintaining a 58-66% global market share.
*Food grain production has surged from 204.6 million tonnes (2004-05) to an estimated 376.56 million tonnes (2025-26), with enhanced productivity and Minimum Support Price (MSP) revisions ensuring better farmer incomes.
*In FY26, India’s fresh fruit exports have grown over 23% in value to Rs. 11,432.11 crore (US$ 1.29 billion) from FY25, reaching 85 countries.
Attractive
Opportunities
*India has identified 384 sites for seaweed farming, spanning 24,707 hectares along its 11,099 km coastline. Over the past five years (2020–2025), projects valued at Rs. 198.17 crore (US$ 22.92 million) have received approval for seaweed cultivation and associated activities.
*India can double maize production to 86 million tonnes by 2047, offering attractive opportunities through high-yield seeds and crop diversification.
*The Union Government has approved an additional 2.8 million tonnes of rice from the Food Corporation of India (FCI) for ethanol production in 2024–25, increasing the total allocation to 5.2 million tonnes, despite continued concerns about the use of food grains for fuel production instead of food security purposes.
Policy
Support
*In 2026-27, the Ministry has been allocated Rs. 1,40,529 crore (US$ 14.81 billion), which is 5.4% higher than the revised estimate for 2025-26. Of the total allocation, 93% is allocated to the Department of Agriculture and Farmers Welfare, while 7% is allocated to the Department of Agricultural Research and Education.
*PM-KISAN has been allocated Rs. 63,500 crore (US$ 6.69 billion), accounting for approximately 45% of the Ministry’s total budget for 2026-27.
*The Government of India has allocated an outlay of Rs. 1,600 crore (US$ 185.04 million) for 2025–26 under the Pradhan Mantri Krishi Sinchayee Yojana. One of its key objectives is to enhance water delivery infrastructure from existing canals and other sources to designated clusters.
Competitive
Advantage
*Total area under foodgrain crops stood at 142.3 million hectares in 2025–26 rose from 124.3 million hectares in 2014–15 and 120.2 million hectares in 2004–05.
*In 2025, the European Union (EU) has approved 102 additional fishery establishments for the export of India’s marine products, taking the total number of EU-approved Indian seafood export units to 604. This milestone is expected to strengthen India’s position in the European seafood market and mitigate the impact of US tariffs.
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