Agriculture in India: Information About Indian Agriculture & Its Importance

India has captured nearly 50% of the world market for rice in FY22.

Advantage India

Robust
Demand

* A large population and rising urban and rural income is driving the demand. External demand is driving export from agriculture sector.

Attractive
Opportunities

* Demand for agricultural inputs such as hybrid seeds and fertilizers and allied services like warehousing and cold storages is increasing in India at a fast pace.

Policy
Support

* The govt. announced a PLI scheme for the food processing sector with an incentive outlay of Rs 10,900 crore (US$ 1,484 million) over a period of six years starting from FY22.

* The Krishi UDAN 2.0 scheme proposes assistance and incentive for movement of agri-produce by air transport.

Competitive
Advantage

* High proportion of agricultural land, diverse agro-climatic conditions encourage cultivation of different crops.

Last updated: Dec, 2022

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