Agricultural India, Food Processing and Crops Production

Agriculture in India

Agriculture plays a significant role in India’s economy. Over fifty eight per cent of the agricultural households depend upon agriculture as their principal means that of resource. As per the second suggested estimates by the Central Statistics workplace (CSO), the share of agriculture and allied sectors (including agriculture, livestock, biology and fishery) is calculable to be seventeen.3 per cent of the Gross worth intercalary (GVA) throughout 2016-17 at 2011-12 costs.

The Indian food trade is poised for large growth, increasing its contribution to world food trade once a year thanks to its large potential for worth addition, notably inside the food process trade. The Indian food and grocery market is that the world’s sixth largest, with retail contributory seventy per cent of the sales. The Indian food process trade accounts for thirty two per cent of the country’s total market, one in every of the most important industries in Asian country and is graded fifth in terms of production, consumption, export and expected growth. It contributes around eight.80 and 8.39 per cent of Gross worth intercalary (GVA) in producing and Agriculture severally, thirteen per cent of India’s exports and 6 per cent of total industrial investment.