It is also one of the largest exporters of shrimp in the world and the second largest fruit producer. India has been the largest producer of milk for over two decades and is a hub of coffee and tea production. The sector has witnessed an exponential increase in the production of cereal foodgrains, pulses, sugarcane and cotton in recent years.

With the arrival of normal monsoons and the influx of government spending for energising the rural economy, the sector is riding on new hopes of prosperity.ĭogged by the water shortages, inconsistent monsoons and increasing pricing pressure, the Indian agriculture sector has managed to emerge successfully as the top producer of several agricultural commodities. Serving the world’s sixth largest food and grocery market in the domestic segment, the sector is also consistently growing its contribution to the global food trade. It contributes over 20 per cent to the country’s gross value added and is poised to be the growth driver of the economy in FY19. The sector is the principal means of livelihood for over 58 per cent of the total rural households. To download the companies data in table please Click HereĮmploying over 119 million farmers and 144 million agricultural labourers directly, the Indian agriculture sector is rightly known as the backbone of the Indian economy.

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