BDB India team gives his efforts on Market research for EVs and its ecosystem | BDB India
BDB India team
gives his efforts on Market research for EVs and its ecosystem.
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According to the 2023 GDP rankings, the Indian economy is
ranked sixth among the world’s top economies. The majority of people in the
nation rely on agriculture as their primary source of income. A major pillar of
the Indian economy, the agriculture industry employs 60% of the labour force
and generates 17% of the country’s GDP.
An agro-economy, like that of India, is heavily reliant on
the cycle of production, distribution, and consumption. roductivity is another
issue with the agro-economy. Indian farmers currently produce only 2.4 tonnes
of rice per hectare of land, which is a far cry from their true potential.
China and Brazil, on the other hand, produce 4.7 and 3.6 tonnes of rice per
acre, respectively.
Since more than half of the population of India is engaged
in agriculture, two significant elements underscore the role that agriculture
plays in the economy. First off, it gives rural agricultural and
non-agricultural labour job prospects. Second, it is important for operations
like import and export trading on a global scale. India supports 17.8% of the
world’s people and 15% of the world’s cattle with only 4% of the world’s water
resources and 2.4% of the world’s land.
- About
55% of India’s population relies on agriculture as their main source of
income.
- It
has the largest area planted to wheat, rice, and cotton.
- It
is the second-largest producer of wheat, rice, cotton, sugar, farmed fish,
fruit, vegetables, tea, and farmed vegetables.
- India
has the second-largest agricultural land area in the world
- The
increasing income levels in rural and urban areas have boosted the demand
for agricultural products across the country.
- West
Bengal, Uttar Pradesh and Punjab produced 36% of the total rice produced
in India in the year 2022.
- In
2022, Uttar Pradesh, Madhya Pradesh and Punjab produced 64% of all the
wheat that is produced in India .
- Maharashtra,
Madhya Pradesh and Karnataka produced almost 38% of all the corn in India.
- Uttar
Pradesh, Madhya Pradesh and Punjab produced almost 39% of the entire
amount of food grains produced in India.
- The
Government of India had requested that the United Nations declare 2023 as
the International Year of Millets (IYoM-2023) in order to
increase domestic and international demand and to supply nutrient-rich food to the population.
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