The forecast for milled rice supply in India indicates a steady increase from 2024 to 2028, starting at 170.29 million metric tons in 2024 and reaching 179.47 million metric tons by 2028. Compared to 2023, where the supply was 167.97 million metric tons, this represents an average annual growth rate of approximately 1.65%. The year-on-year variations show a consistent growth pattern with slight increases each year.
Future trends to watch for include:
- Advancements in agricultural technology which could further boost rice production.
- Possible impacts of climate change affecting yield and production quality.
- Changes in domestic and international rice demand influencing supply levels.
