Demand Outlook on Farm and Agriculture Equipment Market in India by 2024-25 Market Report; Launched via MarketResearchReports.com
From 56.5% in 1950-51 to ~17% in 2016-17, Share of Agriculture in India's GDP has been on a continuous decline. The decline in growth of agricultural GDP was primarily due to the fall in the production of agricultural crops such as oilseeds, cotton, jute and Mesta, and sugarcane. In 2009-10, despite experiencing the worst south-west monsoon since 1972 and subsequent significant fall in Kharif food grain production, the growth marginally recovered to 0.4 per cent primarily due to a good...
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