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.