Table of Content
Executive Summary.….…….3
Advantage India…..….……..4
Market Overview.…….……..6
Recent Trends and Strategies …..17
Growth Drivers…….21
Opportunities……........……30
Industry Associations……....……..33
Useful Information.......…….35
For updated information, please visitAgriculture and Allied
Services 3
EXECUTIVE SUMMARY
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.
India is currently the world’s fourth largest producer of agrochemicals.
India has the largest livestock population of around 512 million.
Global standing
Source: Ministry of Agriculture, Government of India, MOSPI, BCG, Crisil
India is one of the largest manufacturers of farm equipment such as tractors, harvesters and tillers. India
accounts for nearly one-third of the overall tractor production, globally.
Tractor sales in the country are expected to increase 11-13 per cent in FY19, while the tractor industry is
expected grow at 8-10 per cent between FY17-22.
Increasing farm
mechanisation
India has the 10th largest arable land resources in the world. With 20 agri-climatic regions, all 15 major
climates in the world exist in India. The country also possesses 46 of the 60 soil types in the world. Growth
in Gross Value Added (GVA) by agriculture and allied sectors is estimated at 3.0 per cent in 2017-18**.
Strategic geographic location and proximity to food importing nations favour India in terms of exporting
processed foods.
Favourable conditions
Consumer spending in in India is likely to reach US$ 3.6 trillion by 2020.
Private final consumption expenditure (at constant prices) increased by 6.1** per cent in 2017-18 and 8.6
per cent in April-June quarter of 2018-19.
Rising consumption
expenditure
During 2017-18* crop year, food grain production is estimated at record 284.83 million tonnes. In 2018-19,
Government of India is targeting foodgrain production of 285.2 million tonnes.
Record production of food
grains
Note: *as per 4th advance estimates, ** as per 2nd advance estimates
Global standing
Favourable conditions
Agriculture and Allied Services
ADVANTAGE INDIA。