Brand India Industry Agriculture and Allied Industries Indian Agriculture Industry Analysis
AGRICULTURE AND ALLIED INDUSTRIES
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Agri exports from India is
likely to reach US$ 60 billion
by 2022. In FY20 (till
January 2020) agriculture
exports were US$ 28.93
billion.
Indian Agriculture Industry Analysis
Latest update: July, 2020
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Last Updated: September 04, 2020
Prime Minister Delivers Special Keynote Address at the US-India 2020 Summit of US-ISPF
Another milestone for farm sector: Now, Kharif acreage at lifetime high; bumper harvest likely. After a bumper rabi harvest, the acreage of
the Kharif crops has skyrocketed to a lifetime high in the current year.
PM inaugurates College and Administration Buildings of Rani Lakshmi Bai Central Agricultural University, Jhansi through video
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APEDA signs MoUs with AFC India Limited and National Cooperative Union of India to synergize the activities in the interest of agriculture
and allied sectors
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SNAPSHOT SHOWCASE INFOGRAPHIC REPORTS
Last Updated: July, 2020
India has the 10th-largest arable land resource in the world. With 20 agri-climatic regions, all the 15 major climates in
the world exist in India. The country also has 46 of the 60 soil types in the world. India is the largest producer of
spices, pulses, milk, tea, cashew, and jute, and the second largest producer of wheat, rice, fruits and vegetables,
sugarcane, cotton, and oilseeds. Further, India is second in the global production of fruits and vegetables and is the
largest producer of mango and banana. During 2019-20* crop year, food grain production was estimated to reach a
record 295.67 million tonnes (MT). In 2020-21, Government of India is targeting food grain production of 298 MT.
Total area sown with kharif crops reached 43.29 million hectares in July 2020.
Production of horticulture crops in India reached a record 320.5 million metric tonnes (MMT) in 2019-20 (as per
second advance estimates), growing at a CAGR of 3.13 per cent during FY16-20. India has the largest livestock
population of around 535.78 million, which translates to around 31 per cent of the world population. Milk production in
the country is expected to increase to 208 MT in FY21 from 198 MT in FY20, registering a growth of 10 per cent y-o-y.
India is among the 15 leading exporters of agricultural products in the world. Total agricultural export from India grew
at a CAGR of 2.27 per cent during FY16-20 to reach US$ 35.09 billion in FY20. The Agriculture Export Policy, 2018
aimed to increase India’s agricultural export to Rs 4,19,340 crore (US$ 60 billion) by 2022. Government aims to raise
fishery export from India to Rs 1 lakh crore (US$ 14.31 billion) by 2024-25. /
According to Department for Promotion of Industry and Internal Trade (DPIIT), Indian food processing industry
attracted Foreign Direct Investment (FDI) equity inflow of about US$ 9.98 billion between April 2000 and March 2020.
Gross Value Added by agriculture, forestry, and fishing was estimated at Rs 19.48 lakh crore (US$ 276.37 billion) in
FY20(PE). Growth in Gross Value Added (GVA) by agriculture and allied sectors grew 4 per cent y-o-y in FY20.
The Electronic National Agriculture Market (e-NAM), launched in April 2016 to create a unified national market for
agricultural commodities by networking existing Agriculture Produce Marketing Committees (APMCs), had 16.6 million
farmers and 131,000 traders registered on its platform until May 2020. Over 1,000 mandis in India are already linked
to e-NAM and 22,000 additional mandis are expected to be linked by 2021-22.
The Government of India has introduced several projects to assist the agriculture sector. Pradhan Mantri Gram Sinchai
Yojana (PMGSY) aims to irrigate the field of every farmer and improve water use efficiency to achieve the motto, `Per
Drop More Crop’. Overall, the scheme ensures improved access to irrigation. In the Union Budget 2019-20, the
scheme was allocated Rs 3,949.90 crore (US$ 565.16 million). As per Union Budget 2020-21, Rs 2.83 lakh crore (US$
40.06 billion) has been allocated to the Ministry of Agriculture and Rs 1,233 crore (US$ 176.42 million) has been
allocated to the Ministry of Food Processing. PM-KUSUM scheme was expanded to provide 20 lakh farmers for setting
up stand-alone solar pumps and help another 15 lakh farmers to solarise their grid-connected pump sets.
In June 2020, Government introduced Pradhan Mantri Formalization of Micro Food Processing Enterprises (PM-FME)
scheme. It is expected to generate total investment of Rs 35,000 crore (US$ 4.97 billion), generate 9 lakh skilled and
semi-skilled employment, and benefit 8 lakh units through access to information, training, better exposure, and
formalization.
In May 2020, the Government announced the launch of animal husbandry infrastructure development fund of Rs
15,000 crore (US$ 2.13 billion).
Note: *- as per 3rd advance estimate
Indian Agriculture and Allied Industries Report (July, 2020)
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AGRICULTURE INDIA
AGRICULTURE CLUSTERS INDUSTRY CONTACTS
Department of Agriculture and Cooperation
National Dairy Development Board (NDDB)
National Horticulture Board (NHB)
National Oilseeds and Vegetable Oils Development
Board (NOVOD)
Indian Council of Agricultural Research (ICAR)
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