Agricultural seed exporters in India play an important role in Indian agriculture. They provide quality seeds at affordable prices to farmers across the country. They help increase crop yield and also improve farmers’ livelihoods by providing them with employment opportunities.
2. India is the world’s second-largest producer of food after
China. It has the potential to become the global leader in food
production. The country is home to a large population, so there
is a huge demand for food. India has many different types of
climates which allow for a wide variety of crops to be grown.
The main agricultural products that are export from India are
rice, wheat, sugar, tea, cotton, spices, and tobacco.
Agricultural seed exporters in India play an important role in
Indian agriculture. They provide quality seeds at affordable
prices to farmers across the country. They help increase crop
yield and also improve farmers’ livelihoods by providing them
with employment opportunities.
3. Export trends
India has a large agricultural export market. In 2021–2022,
the country increased its agriculture export revenue by 20%
from $41 billion in 2021–2023. The Indian agriculture sector
exports mainly agricultural and allied products, marine
products, plantation products, textiles, and related products.
Exports of agricultural and agro-allied products are
estimated at 33.33 billion dollars. Expected to expand by
17% between 2019 and 2021. Rice was India’s biggest
export agricultural commodity in 2021 – 22 which accounted
for over 19% of total agriculture export.
4. Potential of agriculture exports
in India
The Indian economy has been on a strong upswing in recent
years. Driven by robust economic reforms and favorable
macroeconomic conditions. One of the key drivers of this
growth has been exports which have grown at a compound
annual rate of 15% (in dollar terms) since 2000. In FY2017,
exports accounted for 19% of India’s GDP, compared to just
11% in FY2000.
5. Agriculture exports have played a significant role in
this export growth story – they grew at a CAGR of
18% between 2001 and 2016 (in dollar terms). The
share of agriculture exports in total merchandise
exports increased from 10% in 2001 to 17% by 2016.
This increase was drive strong global demand for
Indian agriculture products as well as domestic policy
measure such as minimum support prices (MSP) and
export subsidies.