Agriculture Industry in India to reach INR 142,280 Billion by 2027 at a growth rate (CAGR) of 12.3%
According to IMARC Group’s latest report, titled “Agriculture Industry in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the agriculture industry in India size reached INR 71,220 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 142,280 Billion by 2027, exhibiting a growth rate (CAGR) of 12.3% during 2022-2027. The agriculture industry comprises companies or enterprises involved in the processing, cleaning, storing, or packing of products obtained from agricultural production. India has one of the world's largest areas planted for rice, wheat, and cotton, includes a substantial cattle herd, and contributes significantly to the top producer of spices, milk, and pulses. Additionally, the country is the second-largest producer of tea, farmed fish, cotton, sugarcane, wheat, rice, fruit, and vegetables. The agriculture industry is currently the backbone of the Indian economy as it not only provides raw materials ...