Forecast: Corn Production in India

The corn production in India is forecasted to see a steady increase from 2024 to 2028, beginning at 37.2 million metric tons in 2024 and reaching 42.83 million metric tons by 2028. The year-on-year growth rate from 2024 to 2025 is 3.85%, from 2025 to 2026 is 3.68%, from 2026 to 2027 is 3.50%, and from 2027 to 2028 is 3.33%, demonstrating a gradual decline in the growth rate. Based on actual data from 2023, Indian corn production stood at 35.8 million metric tons. Over the last two years, the compound average growth rate (CAGR) has been 3.58%.

Future trends to watch for include the impact of climate change on crop yields, advancements in agricultural technology improving productivity, and shifts in domestic and global demand that could influence production levels. Additionally, government policies and subsidies may also play a crucial role in shaping the future of corn production in India.