Market Report on Agriculture Industry in India

Market Reports on India presents the latest report on “Market Report on Agriculture Industry in India”. http://www.marketreportsonindia.com/food-beverages-market-research-reports-13644/india-agriculture-industry.html The declining trend continued in the FY16 monsoon season as India saw deficit in rainfall yet again, which led to drought like conditions in many parts of the country.

22nd   Feb 2016 – Navi Mumbai, India: Market reports on India presents the latest report on “Market Report on Agriculture Industry in India”.The country needs to restrain its reliance on agricultural imports which may put the currency under pressure and cause an imbalance in the current account.

This report profiles India’s agriculture industry, discussing market trends and outlook into 2015 and beyond. http://www.marketreportsonindia.com/food-beverages-market-research-reports-13644/india-agriculture-industry.html The report also highlights leading players in the sector including Tata Coffee Ltd, Ruchi Soya Industries Ltd and McLeod Russel India Ltd.

Agriculture is the third largest sector of India’s economy after services and industry. Though the country’s dependence on agriculture has fallen considerably, its importance cannot be forsaken. Still, more than half of the Indian population depends on this sector for their livelihood. India has emerged as a global power in the agriculture sector by becoming a leading producer of food grains, oilseeds, commercial crops, fruits and vegetables. Yet, the country needs to increase the yield of crops to feed its ever-growing population. India continued to lead the world in the production of rice, wheat, cotton, sugarcane, tobacco, fruits and vegetables. But, the major challenge for the country is the insufficient production of pulses and oilseeds.

FYE Mar-15 was a tough year for the Indian agriculture sector due to deficient rainfall. Scanty rainfall was recorded in the monsoon season, which led to the decline in agricultural harvest...