In 2023, India's cereal yield was at 3.62 thousand kilograms per hectare. The forecast for 2024 predicts a yield of 3.68, rising steadily to 3.92 by 2028. Year-on-year, this reflects a consistent annual increase of 1.63% from 2024 to 2028. Cumulatively, this translates to a five-year compound annual growth rate (CAGR) of approximately 1.61%.
Future trends to watch for include:
- Technological advancements in agriculture that may further enhance yield efficiency.
- Potential impacts of climate change on crop productivity.
- Government policies that could affect land use and agricultural productivity.