The value added of agriculture, forestry, and fishing as a percentage of GDP in India is forecasted to decline from 15.88% in 2024 to 15.16% by 2028. This indicates a slight, yet consistent decrease over the period. The sector is experiencing a downward trend, reflecting the ongoing structural transformation of the Indian economy towards industrialization and services. In 2023, this figure stood slightly higher than these forecasts, suggesting a continuation of the decline seen in previous years.
Future trends to watch for include technological advancements in agriculture, shifts in export demand, policy changes aimed at boosting agricultural productivity, and environmental factors that may impact forestry and fishing activities. Monitoring these elements will be crucial for understanding the sector's trajectory.
