Growth of Agriculture Industry in India - Infographic

In India, agriculture is the primary source of livelihood for ~55% of the population.

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.

*In FY25, India’s fresh fruit exports have grown over 18% in value to Rs. 9,977 crore (US$ 1,171.08 million) from FY24, reaching 85 countries.

* The agriculture sector in India is poised to maintain a 4% growth over the next decade, driven by growing product demand, technological adoption, and supportive government measures, as expressed by NITI Aayog members.

Attractive
Opportunities

* India’s seaweed farming sector, valued at Rs. 200 crore (US$ 23.02 million), as of March 2025, is projected to grow to Rs. 3,277 crore (US$ 377.19 million) by 2035, potentially benefiting 1.6 million people.

* India can double maize production to 86 million tonnes by 2047, offering attractive opportunities through high-yield seeds and crop diversification.

*India is redirecting record rice stocks towards ethanol production to support its 20% blending target, manage surplus supplies, and strengthen the role of agriculture in clean energy.

Policy
Support

* The Union Cabinet approved the Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY) worth Rs. 24,000 crore (US$ 2.79 billion) from FY26 to boost farm productivity, irrigation, credit access, and post-harvest infrastructure for 1.7 crore farmers across 100 districts

* The Agricultural and Processed Food Products Export Development Authority (APEDA) launched its new initiative BHARATI, Bharat’s Hub for Agritech, Resilience, Advancement and Incubation for Export Enablement, during the “Food & Beverages Sector Stakeholders Meeting”.

Competitive
Advantage

* 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.