The forecast of pulses production in India for 2024 to 2028 indicates a steady rise. Starting from 25.06 million metric tons in 2024, production is expected to reach 26.827 million metric tons by 2028. This growth suggests an annual increase of approximately 1.7% to 1.8% year-on-year. When comparing the compounded annual growth rate (CAGR) over the five years, it projects a modest upward trend. Back in 2023, pulses production stood at a slightly lower level, implying a positive outlook for this essential food commodity in India.
Future trends to watch for include advancements in agricultural technology, shifts in government policies favoring pulse cultivation, and climate change impacts, which might alter yield outcomes. Monitoring these factors will be crucial for maintaining growth in this sector.
