Agriculture vital for economy
- 1.58 per cent of the rural households depend on agriculture
- 2.India will be one of the largest producers as well as consumers of food products
- 3.Agriculture and allied sectors contribute 17.3 per cent of the Gross Value Added (GVA).
- 4.Second largest horticulture producer with 290 million tonnes
- 5.Food grains reached a record 280 million tonnes
- 6.Online food delivery industry growing 150% year-on-year
- 7.Ambitious goal of doubling farm income by 2022
Key drivers for investment in the food supply chain
- 1.Rapid growth in demand for food will increase to 400 million tonne by 2030
- 2.Supply constraints-land, water, labour, energy-driving productivity and efficiency
- 3.Opportunities for scale, productivity enhanced margins
- 4.Integration of the global food value chain has picked up
- 5.PSL credit to Agribusiness USD$300 + billion
- 6.ValueFin is well-positioned to take advantage of many growth opportunities in the Indian processed food sector
