India's wheat production has shown a steady increase from 95.85 million metric tons in 2013 to 113.1 million metric tons in 2023. The year-on-year variation over the last two years indicates a less than moderate growth rate of approximately 1.23%. However, the compound annual growth rate (CAGR) over the past five years stands at 1.77%, revealing a consistent upward trajectory. From 2024 onwards, the forecasted data suggests that wheat production will continue to rise, reaching 119.76 million metric tons by 2028, with a forecasted 5-year CAGR of 0.91%.
Future trends to watch for include potential impacts of climate change on crop yields, advancements in agricultural technology that could enhance productivity, and policy changes aimed at supporting sustainable farming practices.
