In 2023, India's wheat yield was approximately 36.96 thousand hectograms per hectare. Forecasts from 2024 to 2028 show a consistent upward trend, starting at 37.51 in 2024 and rising to 39.66 by 2028. This reflects an average compounded annual growth rate (CAGR) of approximately 1.4% over the five-year forecast period. The year-on-year growth rate is estimated at around 1.4% annually.
Future trends to watch for:
- Impact of climate change on yield stability.
- Advancements in agricultural technologies and practices.
- Government policy shifts affecting agricultural sectors.
- Global market demands influencing local production strategies.