INDIAN AGRICULTURE INDUSTRY AT A GLANCE IN 2017 - 2018 Overview for 2017
Agriculture forms the backbone of the Indian economy. And around 58 percent of the rural
poulation is dependable on Agriculture and allied fields as their main source of living. During
2017-18 crop year, food grain production reached a record 277.49 million tonnes. During 2016-
17, it was 275.68 million tonnes.
Allied Industries
The share of primary sectors including agriculture, livestock, forestry and fishery is estimated to be 20.4 per cent of the Gross Value Added (GVA) during 2016-17 at current prices. . GVA from the sector is estimated to have grown at 3 per cent in FY18.
• India has been the world's largest producer of milk for the last two decades and contributes 19 per cent of the world's total milk production.
• India is emerging as the export hub of coffee which has led to exports of coffee increase 17 per cent in calendar year 2017 to reach US$ 958.80 million
• Tea exports from India reached a 36 year high of 240.68 million kgs in CY 2017.
• India topped the list of shrimp exporters globally in 2017 with exports of US$ 3.8 billion which are expected to double to US$ 7 billion by 2022.
• Total area in India, sown with rabi crops reached 64.29 million hectares in FY2017.
• India is the second largest fruit producer in the world. India's horticulture output reached 300.64 million tonnes in 2017 and is expected to reach 305.43 million tonnes in 2018.
• India is the largest producer, consumer and exporter of spices and spice products. Spice exports from India grew by 6 per cent year-on-year between April-September 2017 to US$ 1.37 billion.
• Dairy sector in India is expected to grow at 15 per cent CAGR to reach Rs 9.4 trillion
(US$ 145.7) billion by 2020.
Agricultural Exports
Agricultural export constitutes 10 per cent of the country’s exports and is the fourth-largest
exported principal commodity. Agricultural exports from India reached US$ 28.09 billion during
April 2017-January 2018 with exports of basmati, buffalo meat reaching US$ 6.19 billion and
US$ 6.59 billion, respectively.
