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Prabhudas Lilladher Report
In current global scenario - from the U.S. to Italy to China to Europe, most of the nation’s today are facing a severe drought resulting dried rivers and barren lands, making it difficult to sow the new seeds to harvest.
Amongst such difficult scenario fortunately India is the country which has emerged with record production in majority of the agri commodities.
This gives India an opportunity to place itself in a higher place in terms of global agri-trade.
India has always remained an agrarian country. India's food production industry is worth over $400 billion, the primary source of livelihood for over nearly half of the country's population India's share of agri-production is 9.5% globally, while its share in the export of overall food products is around 3%-with share in export of processed food category even lower at 1-2% the total agriculture and food related exports from India were d at nearly $50 billion in FY22 according to a report by BCG.
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