Agriculture
Agriculture is the primary source of livelihood for about 58% of India’s population. Gross Value Added by agriculture, forestry, and fishing was estimated at Rs. 19.48 lakh crore in FY20. At current prices, the share of agriculture and allied sectors in Gross Value Added (GVA) of India stood at 17.8 % in FY20.
The Indian food processing industry accounts for 32% of the country’s total food market, one of the largest industries in India, and is ranked fifth in terms of production, consumption, export, and expected growth.
The agriculture sector in India is expected to generate better momentum in the next few years due to increased investment in agricultural infrastructures such as irrigation facilities, warehousing, and cold storage. Furthermore, the growing use of genetically modified crops will likely improve the yield for Indian farmers. India is expected to be self-sufficient in pulses in the coming few years due to the concerted effort of scientists to get early maturing varieties of pulses and the increase in minimum support price.
The sector is attracting government strategic initiatives to boost agriculture and allied industry and foreign investments as well. The industries are looking for new talents and expertise to equip themselves with the required skills and solutions. Our role is pivotal in the sector by creating opportunities for technological advancement, skilling of the workforce, strategic intervention, and implementation of schemes. We have supported many of our clients to achieve their goals in the sector enterprises.