As of 2023, the milled rice yield in India stood at 4.30 metric tons per hectare. Forecasts indicate a steady increase: 4.35 in 2024, 4.41 in 2025, 4.48 in 2026, 4.55 in 2027, and 4.61 in 2028. This represents year-on-year percentage increases of approximately 1.16% in 2024, 1.38% in 2025, 1.59% in 2026, 1.56% in 2027, and 1.32% in 2028. The compound annual growth rate (CAGR) over this five-year period is expected to be around 1.48%.
Future trends to watch for include:
- Impact of climate change on yield variability.
- Technological advancements in rice cultivation.
- Government policies on agricultural practices and support.
- Market demand fluctuations affecting rice production strategies.
