Agriculture

India’s Agriculture Exports touch $50 bn in 2021-22

Last updated: July 21, 2022
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In 2020-21, total foodgrain production in the country was a 308.65 mn tonnes

US$ 49.6

Total agriculture exports in 2021-22

2nd

largest fruit producer in the world (313.9mn tonnes)

US$2.5 bn

FDI in agricultural services during April 2000 to December 2022

3.9%

India’s agriculture sector growth rate in 2021-22

US$ 593.7 million

Total agricultural exports reported from India during April-November 2021-22

US$ 715.24 bn

Rice export valuation (2021)

US$ 204 mn

Market size of agri tech, including AI-based agri innovation start-ups

30.4%

Horticulture contribution of agricultural GDP

100%

FDI allowed in the marketing of food products and in e-commerce under automatic route

Agriculture Policy: Vision 2020

Availability of foodgrains per person has increased from 452 gm/capita/day to over 476 gm/capita/day.
Agriculture Export Policy 2018

The recommendations in the Agriculture Export Policy have been organised in broad two categories – Strategic and Operational.

Pradhan Mantri Krishi Sinchayee Yojana

The policy, with a budget of around US$7.7b, is aimed at developing irrigation infrastructure.
Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters (SAMPADA)

PM Kisan SAMPADA Yojana is a comprehensive package which will result in creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet.

Agricultural Policies in India: OECD

India is one of the fastest growing G20 economies, largely reflecting an ambitious reform agenda under implementation since 2014. Against this background, agriculture is a key sector in terms of its contribution to both employment and GDP.
The Farming Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020

India’s Union Cabinet on June 3 approved 'The Farming Produce Trade and Commerce (Promotion and Facilitation) Ordinance, 2020' which removes the restrictions in the marketing of agricultural produce.

Amendment to Essential Commodities Act

India’s Union Cabinet on June 3 approved an amendment to the Essential Commodities Act, a historic step towards transformation of agriculture and raising farmers’ income in the post-Coronavirus economy. The move will provide better economics to exporters and investors in the agri trade/infrastructure space.

The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020

India’s Union Cabinet on June 3 approved ‘The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020’ which will balance the risks in agricultural activity.

Animal Husbandry Infrastructure Development Fund

In pursuance of recently announced Atma Nirbhar Bharat Abhiyan stimulus package, Cabinet has approved the setting up of Animal Husbandry Infrastructure Development Fund (AHIDF) amounting to Rs.150 billion.
Institution of the Agriculture Infrastructure Fund

On July 8, a cabinet headed by the Prime Minister approved the creation of a pan India 'Agriculture Infrastructure Fund' that will provide end-to-end support to the sector through long term debt financing, investment support, subvention and post-harvest management.
Rs.1 trillion financing facility for the Agriculture Infrastructure Fund

The scheme will support farmers, PACS, FPOs, Agri-entrepreneurs, etc. in building community farming assets and post-harvest agriculture infrastructure.
National Fisheries Policy

The Government of India envisages bringing out a National Fisheries Policy for holistic development of the fisheries sector.
Launch of the 'Krishi Megh' initiative

Launched by Union Minister Sh Shri Narendra Singh Tomar, 'Krishi Megh' will strengthen the existing National Agricultural Research and Education System (NARES) infrastructure through cloud computing facilities.

Launch of the 'Innovation and Agri-entrepreneurship Development programme'

The new Innovation and Agri-entrepreneurship Development programme under the Rashtriya Krishi Vikas Yojana will serve as a funding mechanism for startups in domains including digital agriculture and agro processing.

Institution of the Agriculture Infrastructure Fund

As part of the newly instituted Agriculture Infrastructure Fund, a loan amount of US$ 13 bn will be offered to Primary Agricultural Credit Societies (PACS), Farmer Producers Organizations (FPOs), Self Help Group (SHG) and Marketing Cooperative Societies among others as part of medium long-term financing options.

Funding of Agri Startups under Rashtriya Krishi Vikas Yojana

A component, Innovation and Agri-entrepreneurship Development programme has been launched under Rashtriya Krishi Vikas Yojana in order to promote innovation and agripreneurship by providing financial support and nurturing the incubation ecosystem.
Initiatives to empower the Agricultural and allied sectors during COVID-19

The initiatives listed by the The Department of Agriculture, Cooperation and Farmers Welfare include State/UT government promoted 'Mandis', shops for seeds and fertilizers, logistics, manufacturing and machinery based support.

Launch of 22 bamboo clusters for 9 States

Union Minister Narendra Tomar launched 22 bamboo clusters for the States of Gujarat, MP, Maharashtra, Odisha, Assam, Nagaland, Tripura, Uttarakhand and Karnataka to nurture local market ecosystems.

Approval of 27 new projects under the Pradhan Mantri Kisan SAMPADA Yojana

27 projects aimed at strengthening Cold Chain infrastructure within the nation have been approved in States including Andhra Pradesh, Gujarat, Kerala , Karnataka and Haryana.

The Farmers Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020

The bill enables farmers to take up a barrier-free approach to trade their respective produce. Electronic payment mechanisms are to be set up in order to facilitate payment and the respective States are to abstain from levying market fees on produce sold outside APMC identified markets.

The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020

The bill allows for the forming of an agreement between farmer and buyer for period of one crop season. A dispute resolution mechanism headed by a Magistrate and Appellate Authority are to arbitrate should issues arise.

Ministry of Food Processing Industries

+91-011-26492216/ 26492174

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A strong and dynamic food processing sector plays a vital role in reduction in the wastage of perishable agricultural produce, enhancing shelf life of food products, ensuring value addition to agricultural produce, diversification & commercialization of agriculture, generation of employment, enhancing income of farmers and creating surplus for the export of agro & processed foods.

Agricultural and Processed Food Products Export Development Authority

+91-11-26513204, 26513219

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The Agricultural and Processed Food Products Export Development Authority (APEDA) was established by the Government of India under the Agricultural and Processed Food Products Export Development Authority Act passed by the Parliament in December 1985.

Indian Council of Food and Agriculture

+91-11-41501465

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Indian Council of Food and Agriculture is working as the apex policy think tank, trade facilitation body and development enterprise for food and agriculture sector in India and serving as global platform for partnerships.

Indian Council of Agricultural Research

+91-11-25843301

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The Indian Council of Agricultural Research (ICAR) is an autonomous organisation under the Department of Agricultural Research and Education (DARE), Ministry of Agriculture and Farmers Welfare , Government of India.

ICAR-Central Institute of Agricultural Engineering

+91-755-2737191

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The organisation aims to modernize Indian agriculture by improvement in crop productivity through agricultural mechanization, harnessing energy from renewable sources, efficient management of irrigation water, reduction in post -harvest losses and promote agri-business with a view to enhance income and generate employment in rural sector.

National Horticulture Board

+91-0124-2342992, 2347441, 2342989-90

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National Horticulture Board (NHB) was set up by Government of India in April 1984, for improving integrated development of Horticulture industry and to help in coordinating, sustaining the production and processing of fruits and vegetables.

National Bank for Agriculture and Rural Development (NABARD)

+91-022-26539895/96/99

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NABARD is an apex development financial institution in India, entrusted with matters concerning policy planning and operations in the field of credit for agriculture and other economic activities in the rural areas of India.  

Ministry of Agriculture and Farmers Welfare

investment opportunities

  • Agricultural R&D, capacity building and skill development have drawn foreign partnerships.
  • Agricultural and processed food export from India totalled US$ 28.94 bn in 2019- Jan 2020.
  • Currently there are over 60 agricultural trading zones across India that offer opportunities.
  • Export of dairy products rose by 72% in 2018-19, offering vast opportunities in dairy sector.
  • International trade in agri products, and related infrastructure development offers significant investment opportunities.
Useful Links:

key investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

Nestlé sources more than 1.5mn kgs of milk per day from around 100,000 farmers.

India's Parag Milk Foods delivers farm fresh milk and products from India to Singapore.

Rallis, a subsidiary of Tata Chemicals, is a leading crop care company with reach in more than 80% of India’s districts. 

Godrej Agrovet operates in animal feed, crop protection, oil palm, dairy and poultry and processed foods.   

ITC, a leading exporter of agri products, sources Indian feed ingredients, food grains, marine products, processed fruits and coffee.

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

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