Industry Detail Can Found From Here:
India by size 7th Largest, but population-wise 2nd largest. Agro Market in India to reach 90 Lakh Cr by 2023 with the growth of 12.2% CAGR during the last 5-years. Globally pathogens & Pests have affected crop yields by 10-40% for major crops like wheat, rice, maize, soybean & potato. The world will be of 860 Cr population in 2030. India is one of the largest Agro markets in the world. 18% of Chinese are Agri employed, v/s 43% of India. 58% of India's population depends on Agri. Around 70% of India’s rural Household depends on agri whereas 86% of Indian farmers are categorized as small with less than 2 hectares. India’s agri spending is 0.3% of Agri GDP v/s CHINA, US, Brazil, and South Africa spend of 2X, 4X, 6X & 10X respectively. The average income in rural areas was just too low. Aim to double the income by 2022 by PMKSY, PMFBY, DBT & NFSM. India in agri Contributes 15% in GDP v/s global average of 6.4%. India has the 10th Largest arable land resources in the world. India’s Paddy yield/hectare for e.g. increased 2.5X over 56 years still is 18% less than China, 50% then Brazil or 62% to the US. 30-35% of annual crop yield was lost due to Pests. India's pesticide usage is lowest in the world as India uses 0.6Kg/Hectare v/s 6Kg/Hectare in US & 12Kg in Japan. Up to 80% of the Increase in Agri output in the world is going to come from Emerging Countries.
35% Urban today India will be 68% Urban till 2050. China today is 60% Plus urban. Arable land is expected to decrease by 20% until 2050. Agri productivity growth by 1.66% v/s required by 1.75% until 2050. 40% of the world population suffers from water scarcity. Global GDP would be 130% more in 2050. In the coming time, India will be the country with the Highest Population and the growing population will need food. India in the coming time may need high growth in food production utilizing less manpower, less land, and less water. Companies helping in this problem can show huge growth in the coming time. Currently, there are around 25 Listed companies out of all UPL is the largest, but yes high debt due to high in-organic growth is cautious. PIInd, Bayer, Dhanuka, Sharda, Sumichem are almost debt-free.