The Value Added of Agriculture, Forestry, and Fishing in India shows a consistent upward trend from 2024 to 2028, reflecting a steady growth pattern. In 2023, the sector's value was estimated at 4.19. The forecasted data reveals successive year-on-year growth rates of approximately 1.41% from 2024 to 2025, 1.39% from 2025 to 2026, 1.37% from 2026 to 2027, and 1.35% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is projected to be around 1.38%.
Looking forward, key trends include:
- Innovative agricultural technologies and practices that could enhance productivity.
- Government policies aimed at sustainable growth and support for the agriculture sector.
- Potential impacts of climate change on resource availability and sector performance.
- Shifts in consumer preferences towards organic and sustainable sources could influence future developments.