India: Value added in the agricultural sector as percent of GDP: The latest value from 2024 is 16.35 percent, an increase from 16.19 percent in 2023. In comparison, the world average is 9.68 percent, based on data from 151 countries. Historically, the average for India from 1960 to 2024 is 27.4 percent. The minimum value, 16.03 percent, was reached in 2018 while the maximum of 42.75 percent was recorded in 1967.

GDP from Agriculture in India decreased to 6773.89 INR Billion in the first quarter of 2025 from 7757.32 INR Billion in the fourth quarter of 2024. This dataset provides - India Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the growth of the real gross domestic product (GDP) in India from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, India's real gross domestic product growth was at about 6.46 percent compared to the previous year. Gross domestic product (GDP) growth rate in India Recent years have witnessed a shift of economic power and attention to the strengthening economies of the BRIC countries: Brazil, Russia, India, and China. The growth rate of gross domestic product in the BRIC countries is overwhelmingly larger than in traditionally strong economies, such as the United States and Germany. While the United States can claim the title of the largest economy in the world by almost any measure, China nabs the second-largest share of global GDP, with India racing Japan for third-largest position. Despite the world-wide recession in 2008 and 2009, India still managed to record impressive GDP growth rates, especially when most of the world recorded negative growth in at least one of those years. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. GDP growth has slowed in recent years, due in part to skyrocketing inflation. India’s workforce is expanding in the industry and services sectors, growing partially because of international outsourcing — a profitable venture for the Indian economy. The agriculture sector in India is still a global power, producing more wheat or tea than anyone in the world except for China. However, with the mechanization of a lot of processes and the rapidly growing population, India’s unemployment rate remains relatively high.

During the last quarter of 2023, the contribution of India's agriculture sector to the country's GDP was valued at over * trillion Indian rupees. This was a significant increase from the third quarter. The contribution of the agriculture sector follows a cycle with the fourth quarter of a year being the strongest.

The Gross Domestic Product (GDP) in India expanded 7.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, 43.51 percent of the workforce in India were employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry and services. While the share of Indians working in agriculture is declining, it is still the main sector of employment. A BRIC powerhouseTogether with Brazil, Russia, and China, India makes up the four so-called BRIC countries. They are the four fastest-growing emerging countries dubbed BRIC, an acronym, by Jim O’Neill at Goldman Sachs. Being major economies themselves already, these four countries are said to be at a similar economic developmental stage -- on the verge of becoming industrialized countries -- and maybe even dominating the global economy. Together, they are already larger than the rest of the world when it comes to GDP and simple population figures. Among these four, India is ranked second across almost all key indicators, right behind China. Services on the riseWhile most of the Indian workforce is still employed in the agricultural sector, it is the services sector that generates most of the country’s GDP. In fact, when looking at GDP distribution across economic sectors, agriculture lags behind with a mere 15 percent contribution. Some of the leading services industries are telecommunications, software, textiles, and chemicals, and production only seems to increase – currently, the GDP in India is growing, as is employment.

The Indian bio agriculture market size was valued at INR 71,068 Million in 2024. Looking forward, IMARC Group estimates the market to reach INR 1,21,545.0 Million by 2033, exhibiting a CAGR of 6.1% from 2025-2033. Growing demand for organic food, increasing government support through subsidies and policy incentives, rising awareness of soil health and sustainability, advancements in biofertilizer and biopesticide technologies, expanding adoption of precision farming, and the need for eco-friendly agricultural inputs are some of the major factors positively impacting the Indian bio agriculture market share.

IMARC Group provides an analysis of the key trends in each segment of the Indian bio agriculture market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on segment.

In 2023, almost half of India’s GDP was generated by the services sector, a slight and steady increase over the last 10 years. Among the leading services industries in the country are telecommunications, IT, and software. The IT factorThe IT industry is a vital part of India’s economy, and in the fiscal year of 2016/2017, it generated about 8 percent of India’s GDP alone – a slight decrease from previous years, when it made up about 10 percent of the country’s economy. Nevertheless, the IT industry is growing, as is evident by its quickly increasing revenue and employment figures. IT includes software development, consulting, software management, and online services, and business process management (BPM). Employee migrationAlthough employment figures in IT, and thus in the services sector, are on the rise, most of the Indian workforce is still employed in agriculture, however, the figures show a trend pointing towards a reversal of this distribution. For now, the majority of Indians still do not live in cities – where IT jobs are generated – but urbanization is on the rise as well.

Although the share of industry in GDP remained stable, it underwent significant fundamental changes. During this period, as a process of product restructuring, when a gross value was adjusted, production increased at current prices by 8 percent per annum. Then in 2004-09, the GDP growth rate increased to 20%. At the same prices, the annual but significant increase in employment was also 7.5 percent per annum. The work participation rate was 39.2 percent in 2009-10. Of these, 53 percent were in agriculture and the remaining 47 percent were in non-agricultural sectors. For the first time in the late 2000s, the number of perfect workers in the agricultural sector decreased. Unemployment in the economy as a whole has come down from 8.3 percent in 2004-05 to 6.6 percent in 2009-10. We can say that the Indian economy has performed well since 1991 but now the Indian economy is going through another turbulent period. The growth rate of the Indian economy has been slowing down since 2014. In addition to this, Kovid 19 has spread its legs in India and has slowed down the growth rate. The research paper will conclude the study of the Indian economy from 2014 to 2020, as well as three economic sectors.

In this paper, we establish a statistically important relationship between household agricultural income and women’s BMI using a five-year panel dataset of rural households drawn from 18 villages across five Indian states. Using within household variation over time, we estimate both the extent to which short-term changes in agricultural income are associated with short-term changes in BMI, and the effect of agricultural income growth on BMI growth over a longer term. Over the longer term, and for the group of households that regularly farm, we find a 10 percentage point agricultural income growth to be associated with a 0.10 percentage point growth in BMI. Consistent with the literature, this effect is economically modest, but important considering that we do not find a corresponding effect for growth in non-agricultural income. We show that both the own-production and market purchase of food are associated with nutritional improvements. While women’s BMI is associated with an increase in the consumption of own-produced cereals, the market plays an important role in facilitating access to more nutritious foods like pulses. Lastly, we also find that effects of agricultural income are driven by younger women, in the age-group 15-25 years, who face a particularly strong nutritional disadvantage in India.

Cost of food in India decreased 1.06 percent in June of 2025 over the same month in the previous year. This dataset provides - India Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Agricultural Production: Wheat: Punjab data was reported at 16,780.000 Ton th in 2023. This records an increase from the previous number of 14,860.000 Ton th for 2022. Agricultural Production: Wheat: Punjab data is updated yearly, averaging 14,493.000 Ton th from Mar 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 18,261.800 Ton th in 2019 and a record low of 7,677.000 Ton th in 1981. Agricultural Production: Wheat: Punjab data remains active status in CEIC and is reported by Directorate of Economics and Statistics, Department of Agriculture and Farmers Welfare. The data is categorized under Global Database’s India – Table IN.RIB009: Production of Foodgrains in Major States: Wheat.

In financial year 2024, the gross domestic product from agriculture sector of the southern Indian state of Tamil Nadu amounted to over *** trillion Indian rupees. This was a significant increase from about ************ rupees in the previous year.

Although the share of industry in GDP remained stable, it underwent significant fundamental changes. During this period, as a process of product restructuring, when a gross value was adjusted, production increased at current prices by 8 percent per annum. Then in 2004-09, the GDP growth rate increased to 20%. At the same prices, the annual but significant increase in employment was also 7.5 percent per annum. The work participation rate was 39.2 percent in 2009-10. Of these, 53 percent were in agriculture and the remaining 47 percent were in non-agricultural sectors. For the first time in the late 2000s, the number of perfect workers in the agricultural sector decreased. Unemployment in the economy as a whole has come down from 8.3 percent in 2004-05 to 6.6 percent in 2009-10. We can say that the Indian economy has performed well since 1991 but now the Indian economy is going through another turbulent period. The growth rate of the Indian economy has been slowing down since 2014. In addition to this, Kovid 19 has spread its legs in India and has slowed down the growth rate. The research paper will conclude the study of the Indian economy from 2014 to 2020, as well as three economic sectors.

According to Cognitive Market Research, the global Agribusiness market size is USD 33514845.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 3.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 13405938.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.2% from 2024 to 2031.


Europe accounted for a share of over 30% of the global market size of USD 10054453.56 million.


Asia Pacific held the market of around 23% of the global revenue with a market size of USD 7708414.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.


Latin America market of more than 5% of the global revenue with a market size of USD 1675742.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.


Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 670296.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.


The Manufacturers held the highest Agribusiness market revenue share in 2024

Market Dynamics of Agribusiness Market

Key Drivers for Agribusiness Market

Increasing Global Food Demand Due to Population Growth: The swift rise in the global population, particularly in developing nations such as India, China, and certain regions of Africa, is a major factor driving the demand for food. This escalating need for food compels both governments and private entities to enhance their investments in modern agribusiness infrastructure and technologies. Additionally, urbanization is altering consumption trends towards packaged and processed foods, which in turn boosts agricultural production and value-added supply chains. Technological Innovations in Agricultural Practices: Precision agriculture, IoT-enabled sensors, drones, AI-driven analytics, and satellite imagery are transforming the agricultural landscape. These innovations enable farmers to monitor soil conditions, forecast yields, optimize irrigation, and enhance crop health, thus increasing productivity and profitability. Automation and agri-tech startups are improving efficiency and decreasing reliance on manual labor, particularly in developed regions such as the U.S., Australia, and Western Europe. Government Initiatives and Subsidies Supporting Agribusiness: Governments worldwide are proactively assisting farmers and agribusinesses through subsidies, tax incentives, crop insurance programs, and investments in infrastructure. Initiatives such as India’s PM-KISAN, the U.S. Farm Bill, and the EU’s Common Agricultural Policy (CAP) offer substantial financial support. These programs enhance access to capital, encourage exports, and help alleviate price volatility and climate risks, promoting sustainable growth in the sector.

Key Restraints for Agribusiness Market

Climate Change and Environmental Uncertainty: Unpredictable weather patterns, increasing temperatures, droughts, floods, and various climate-related events pose significant threats to agricultural productivity. These elements diminish crop yields, elevate input costs, and disrupt supply chains. Small-scale farmers in developing nations are especially at risk due to their limited access to adaptive technologies, insurance, and irrigation systems. Land Degradation and Scarcity of Arable Land: Urban expansion, industrial growth, deforestation, and inadequate land management practices are contributing to a decline in the availability of fertile land for farming. Soil erosion, salinization, and nutrient depletion further compromise agricultural productivity. This situation poses challenges to sustainable farming practices and heightens competition for land resources among agriculture, urban development, and conservation initiatives. Supply Chain Disruptions and Price Volatility: The agribusiness sector is extremely sensitive to interruptions in transportation, storage, and export logistics. Factors such as geopolitical tensions, trade restrictions, pandemic-related limitations, and fluctuations in fuel prices create bottlenecks within the supply chain. Furthermore, agricultural commodities face considerable price volatility, which impacts the profitability of farmers and agribusiness enterprises.

Key Trends for

Agribusiness Market

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In financial year 2024, the gross domestic product from agriculture sector for the southern Indian state of Karnataka amounted to about *** trillion Indian rupees. A consistent increase in the gross domestic product was seen across the state over the years from financial year 2012.

Water Quality Sensor in Agriculture Market Outlook

The global water quality sensor in agriculture market size is projected to grow from USD 632 million in 2023 to approximately USD 1,221 million by 2032, at a compound annual growth rate (CAGR) of 7.5%. This significant growth is driven by the increasing adoption of precision agriculture techniques, the need for effective water management, and stringent environmental regulations.

A major growth factor for the water quality sensor in agriculture market is the rising demand for sustainable agricultural practices. With the global population expected to reach nearly 10 billion by 2050, the need for efficient and sustainable food production has never been more critical. Water quality sensors play a crucial role in ensuring that irrigation water is free from contaminants, thereby promoting healthier crop growth and higher yields. These sensors help in monitoring various parameters such as pH, conductivity, temperature, turbidity, and dissolved oxygen levels, which are essential for maintaining optimal water conditions.

Technological advancements in sensor technology are also a significant driver for market growth. The development of more accurate, reliable, and cost-effective sensors has made it easier for farmers to monitor water quality in real-time. Innovations such as wireless connectivity and IoT integration have further enhanced the utility of these sensors, allowing for remote monitoring and automated data collection. These advancements not only improve the efficiency of water management systems but also reduce the labor and operational costs associated with manual monitoring.

Government initiatives and regulations aimed at promoting sustainable agricultural practices are another key factor driving market growth. Many countries have introduced policies and subsidies to encourage the adoption of advanced water management systems. For instance, the European Union's Common Agricultural Policy includes measures to promote water conservation and the use of precision farming techniques. Similarly, the U.S. Department of Agriculture offers various programs and grants to support farmers in implementing sustainable practices, including the use of water quality sensors.

From a regional perspective, North America and Europe are expected to lead the market due to their advanced agricultural sectors and stringent environmental regulations. However, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period. This is attributed to the increasing adoption of modern farming practices, rising awareness about water conservation, and government initiatives aimed at improving agricultural productivity. Countries like China and India, with their large agricultural sectors, are expected to be major contributors to market growth in this region.

Product Type Analysis

pH sensors are one of the most commonly used water quality sensors in agriculture. These sensors measure the acidity or alkalinity of the water, which is crucial for determining its suitability for irrigation. The pH level of water can significantly impact nutrient availability and uptake by plants. Maintaining the right pH balance is essential for optimal plant growth and productivity. The demand for pH sensors is expected to remain high due to their critical role in monitoring water quality and ensuring the health of crops.

Conductivity sensors are another important type of water quality sensor used in agriculture. These sensors measure the electrical conductivity of water, which is an indicator of the total dissolved solids (TDS) content. High TDS levels can adversely affect plant growth by causing nutrient imbalances and reducing water uptake. Conductivity sensors help farmers monitor and manage the salinity levels of irrigation water, thereby preventing soil salinization and ensuring sustainable crop production. The increasing focus on soil health and salinity management is expected to drive the demand for conductivity sensors in the coming years.

Temperature sensors play a vital role in monitoring the thermal conditions of water used for irrigation and livestock watering systems. Water temperature can influence the metabolic rates of plants and animals, as well as the solubility of gases and nutrients. Maintaining the optimal temperature range is crucial for enhancing agricultural productivity and animal health. With the growing emphasis on precision farming and livestock management, the adoption of temperature sensors is likely to increase, supporting market growth.

The India Tractor Market report segments the industry into Engine Power (Less than 30 HP, 31-50 HP, 51-80 HP, Above 80 HP), Drive Type (Two-wheel Drive, Four-wheel Drive), Application (Row Crop Tractors, Orchard Tractors, Other Applications), and Geography (Uttar Pradesh, Madhya Pradesh, Maharashtra, Rajasthan, Gujarat, Others). Get five years of historical and forecast data.