Invest In India
AGRICULTURE
- With about half of the country’s population still dependent on agriculture in terms of
employment and deriving 18% of GDP from the said sector in FY 2018, agriculture
accounts to be one of the most significant sectors in the Indian economy.
- The Gross Value Added by agriculture, forestry, and fishing is estimated at Rs 18.55 lakh
crore (US$ 265.51 billion) in FY 2019.
- Indian agricultural processed foods are exported to more than 120 countries accounting
it to be the largest sector in the country.
- India’s ranking globally accounts to be the first one in terms of the highest net cropped
area, second in terms of fruit production and amongst the largest in the production,
export and consumption of spices and spice products.
- 100% FDI is allowed in marketing of food products and in food product e-commerce
under the automatic route.
- 100% FDI allowed through the automatic route covering Horticulture, Floriculture,
Apiculture, cultivation of vegetables and mushrooms (under controlled conditions),
pisciculture, aquaculture (under controlled settings), development and production of
seeds, Animal Husbandry and Services related to Agro-Buisson
and Agriculture allied sectors.
- Foreign investments up to 100% allowed in tea sector (including tea plantations) under
the government approved route.
- Demand for agriculture and allied services such as warehousing and cold storages are
rising at a fast pace.
- Competitive advantage in terms of having a high proportion of agricultural land, diverse
agro-climatic conditions that encourages cultivation of different crops.
- Farm management, agricultural inputs are some attractive areas for investment.
- Large population and rising incomes are key demand drivers.
