- India's population is projected to grow significantly by 2050, which will increase food demand and likely make India a net food importer. - Latin America, particularly Brazil, Argentina, Uruguay and Paraguay, represents an opportunity for India to outsource some of its agricultural production due to factors like available land, water resources, infrastructure and political stability. - Key advantages of Latin America include lower production costs, higher yields, established value chains, proximity to ports and a trade bloc with few trade barriers. This makes it an immediate opportunity for Indian agricultural outsourcing compared to other regions like Africa.