Forecast: Agricultural Value Added in India

In 2023, India's agricultural sector showed a value added of 10.00. From 2024 onward, the forecast data show a steady increase, with the agricultural value-added rising from 10.15 in 2024 to 10.76 in 2028. This indicates a year-on-year growth, with an upward trend characterized by an average annual growth rate (CAGR) over the five-year period. This suggests resilience and a positive trajectory in the agriculture sector's contribution to the economy in the coming years.

Future trends to watch for include:

  • Technological advancements in agriculture, which may further boost productivity and value added.
  • Policy changes and government initiatives aimed at improving agricultural infrastructure and investment.
  • Climate change impacts, requiring adaptation strategies to sustain growth momentum.

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