Flowers Power Indian Agricultural Industry Exports in 2025

Indian Agricultural Industry Exports

Indian agriculture industry exports have experienced significant shifts in recent years, influenced by global market dynamics, domestic policies, and strategic diversification efforts. India’s exports reached a record USD 778.21 billion in 2023-24, a rise from 2013-14, driven by strong growth in both merchandise and services. Key sectors like pharmaceuticals and textiles fueled this surge, supported by strategic policies and improved global competitiveness. The Indian agriculture exports have demonstrated robust performance in recent years, contributing notably to the country’s economy.

• The bar graph illustrates Indian agriculture industry exports from April to October in FY25, compared to the same period in FY24. Where floriculture leads the most with the amount of export reaching 14.55%, and processed fruits and vegetables are exported at 13.39%. This indicates the relative contribution of each category to the overall export of agriculture.
• The agriculture sector is undergoing a significant transformation, driven by technological advancements aimed at enhancing productivity as new innovations in regenerative agriculture and carbon sequestration as AI-powered measurements, reporting, and Verification (MRV) technologies, enable accurate tracking of soil carbon sequestration, turning sustainable practices into economic opportunities through carbon credits.
• BASF Agriculture solution is preparing for a potential stock market listing by 2027, aiming to strengthen its presence in the global seed market and Asia. The division plans to increase seed revenue share from 22% to around 25%, and they have also made innovations like hybrid wheat and pest-resistant soybeans. These efforts may involve strategic collaborations and small acquisitions.
• Ramesh Chand, member of the National Institution for Transforming India, NITI Aayog, projected that India’s agriculture sector could achieve over 6% growth in FY25, attributing this to favorable monsoon forecasts and a low base from the previous year. He also highlighted the need for price stability and suggested revisiting Indian agricultural industry export restrictions in light of surplus production.