Global farming industry is going through multiple changes and advancements which are benefitting to produce large amount of food for the growing number of population. India being one of the highest number of producer in multiple agriculture streams is also leading the charge of innovation. India is set to roll out its full potential of agriculture produce soon.
Current market trends are driving the farming industry to produce food grains, vegetables, pulses, fruits and milk in high amount of scale. Even Government of India is supporting our farmers in multiple ways. Some state governments are helping farmers to grow the necessary crops at large scale by providing subsidies and market for selling.
Trends in Agriculture Industry
1. Multilayer Farming
Multilayer farming refers to growing different vegetables on the same plot at a time. This helps smallholder farmers grow various seasonal vegetables and horticultural crops throughout the year while ensuring food and nutritional security for the household. Vulnerable families are provided with an additional income from the sale of surplus produce.
Vegetables and fruit crops grown employing organic and sustainable methods in the multilayer farms are rich in vitamins, minerals, proteins and carbohydrates.
2. Hydroponic Farming
Hydroponics is a type of hydro culture in which plants are cultivated without soil using a water solvent containing mineral and fertilizer solutions. Terrestrial plants can be grown only with their roots, with the roots exposed to the nutritive liquid, or with the roots physically supported by a media such as gravel.
Plants also grow through a process known as photosynthesis, in which plants use sunlight and a substance found inside their leaves known as chlorophyll to convert carbon dioxide and water into glucose and oxygen, as seen in reaction.
Hydroponics, a water-saving method of growing pesticide-free produce on rooftops and terraces, is becoming popular among urban farmers. According to studies, India’s hydroponics market will develop at a compound annual growth rate of 13.53 percent between 2020 and 2027.
3. Horticulture Farming
Indian horticulture sector contributes about 33% to the agriculture Gross Value Added (GVA) making very significant contribution to the Indian economy. Apart from ensuring nutritional security of the nation, it provides alternate rural employment opportunities, diversification in farm activities, and enhanced income to farmers.
India is currently producing about 320.48 million tones of horticulture produce which has surpassed the food grain production, that too from much less area (25.66 million Ha. for horticulture against 127.6 M. ha. for food grains). Productivity of horticulture crops is much higher compared to productivity of food grains (12.49 tones/ha against 2.23 tones/ha.).
India has emerged as world leader in the production of a variety of fruits like mango, banana, guava, papaya, sapota, pomegranate, Lime & aonla and is the second largest producer of fruits and vegetables. Besides, India has maintained its dominance in the production of spices, coconut and cashewnut. Among the new crops, kiwi, gherkins, kinnow, date palm and oil palm have been successfully introduced for commercial cultivation in the country.
4. Agriculture Export
During FY20 (till February 2020), India exported basmati rice worth US$ 3.88 billion, buffalo meat worth US$ 3.01 billion, non-basmati rice worth US$ 1.84 billion and other processed foods worth US$ 2.71 billion.
During FY21 (till February 2021), India exported basmati rice worth US$ 3.59 billion, non-basmati rice worth US$ 4.04 billion, and buffalo meat worth US$ 2.86 billion.
Indian agricultural/horticultural and processed foods are exported to more than 100 countries/regions, chief among them being the Middle East, Southeast Asia, SAARC countries, the EU, and the US.
Disclaimer: This information has been collected through secondary research and SwiftNLift is not responsible for any errors in the same.
– by Parag Ahire