India Agriculture Tenders

India's agriculture, food, and beverage market is a significant driver of the country's economy. The market is valued at US$905.20 billion and is projected to grow at a CAGR of 8.40% by 2028. This growth is fueled by factors such as rising urbanization, increasing disposable incomes, and evolving consumer preferences.
Market size: US$905.20 billion
Projected CAGR: 8.40%
Market volume: 716.00bn kg by 2028

The Indian government plays a crucial role in the agriculture, food, and beverage sector through its procurement initiatives. In 2022, the government procured over US$100 billion worth of these products and services. This procurement supports food security, poverty reduction, and overall economic development.
Government procurement value: US$100 billion
Purposes of government procurement: food security, poverty reduction, economic development

The Indian government procures a wide range of agriculture, food, and beverage products and services, including:
Cereals: rice, wheat, maize, etc.
Pulses: lentils, peas, beans, etc.
Oilseeds: groundnut, mustard, soybean, etc.
Vegetables and fruits
Milk and dairy products
Meat and poultry
Fish and seafood
Processed food
Beverages
Agricultural inputs: seeds, fertilizers, pesticides, etc.
Agricultural machinery
Agricultural services: extension, training, etc.

Several government agencies oversee agriculture, food, and beverage procurement in India, including:
Ministry of Agriculture and Farmers Welfare
Department of Food and Public Distribution
Ministry of Consumer Affairs, Food and Public Distribution
Food Corporation of India
State Food Corporation

Major companies that have secured significant procurement contracts in India's agriculture, food, and beverage sector include:
ITC Limited
Reliance Industries Limited
Adani Group
Godrej Agrovet Limited
Mahindra & Mahindra Limited

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