The agriculture sector, which forms the foundation of the Indian economy, accounts for about 16.5% of the country’s GDP. The Indian agriculture market was valued at USD 435.9 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of approximately 4.9% between 2023 and 2028, to reach USD 580.82 billion. The government’s emphasis on the industry, along with the continuous innovations of agritech platforms, deserve most of the credit for this. Despite numerous areas for improvement, the industry has experienced consistent growth.
List of Top 15 Agriculture in India (BSE) based on Net Profit.
| Company Name | Net Profit (Rs. cr) |
| Kaveri Seed | 267.04 |
| Nath Bio-Genes | 35.17 |
| Harrisons Malay | 17.78 |
| Mangalam Seeds | 11.08 |
| Bombay Burmah | -229.24 |
| Indo US Bio-Tec | 7.24 |
| Raghuvansh Agro | 4.85 |
| Neelamalai Agro | 3.94 |
| ShreeGanesh Bio | 2.04 |
| Transchem | 1.24 |
| Vrundavan Plant | 0 |
| Goodricke Group | -0.32 |
| Agri-Tech | -0.39 |
| Diana Tea | -2.5 |
| Shri Vasuprada | -9.63 |
Source: BSE, India, last updated 19 February, 2024
This news is a creative derivative product from articles published in famous peer-reviewed journals and Govt reports:
Reference:
1. Khan, W., Jamshed, M., & Fatima, S. (2020). Contribution of agriculture in economic growth: A case study of West Bengal (India). Journal of Public Affairs, 20(2), e2031.
2. Islam, M. S., Hasif, M. A. M., Ema, N. S., & Jahan, H. (2020). Role of Agriculture and Manufacturing Sectors in the Economic Growth of Bangladesh and India: An ARDL Approach. The Romanian Economic Journal, 78, 89-92.
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