In 2023, the share of MPS commodities in the total value of agricultural production in India stood at a notable level. According to forecasts from 2024 to 2028, this share is expected to increase steadily each year. Specifically, from 2024 to 2028, the annual growth rates are significant, with the share rising from 87.15 to 98.62, reflecting an anticipated increase in MPS commodities' contribution to agricultural production.
Year-on-year, the share grows consistently, peaking in 2028. When looking at the cumulative annual growth rate over the last five years, the trends indicate a strong upward trajectory. Future trends to watch for include potential policy changes affecting agricultural commodities and market demands influencing the growth rate of MPS commodities.
