S Mahendra Dev of the EAC-PM has urged a strategic shift toward export-led agricultural growth to capitalize on global food security demand. The plan focuses on securing better market access in trade deals, adopting gene-editing technology, and using AI to overcome strict international quality standards.
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India is aiming to transform its agricultural sector by moving toward an export-oriented model, according to S Mahendra Dev, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM). Speaking at a recent industry event, Dev emphasized that India’s diverse climate offers a competitive advantage that can be better utilized to meet global food security needs.
Expanding Global Market Access
A central part of this strategy involves securing favorable terms for Indian farm produce in ongoing and future Free Trade Agreements (FTAs). While these trade deals are essential for opening new markets, the EAC-PM chief noted that Indian exporters face significant challenges from non-tariff barriers. These include stringent sanitary and technical standards, particularly those imposed by the European Union. Overcoming these regulatory hurdles is viewed as a necessary step for Indian farmers and exporters to compete effectively in premium international markets.
Technology and R&D for Higher Yields
To improve competitiveness, the government is advocating for increased investment in research and development. History suggests that agricultural R&D often provides high returns by improving productivity and resilience. Specifically, the adoption of gene-editing technology is being highlighted as a tool to boost crop yields significantly. This shift in agricultural policy aims to move beyond traditional farming methods and embrace scientific advancements to meet both domestic requirements and international demand.
Digital Tools and AI in Farming
Beyond gene technology, the modernization of farming is increasingly reliant on digital infrastructure. The integration of artificial intelligence is being prioritized for better demand and supply forecasting, which can help stabilize prices and reduce waste. Furthermore, digital tools and satellite imagery are already helping farmers optimize resource use, such as the precise application of fertilizers. Blockchain technology is also being explored to ensure transparency and traceability, especially for high-value export crops where quality verification is vital. For investors, the focus remains on companies and sectors linked to agricultural technology, specialized seeds, and food processing, as the government continues to push for systemic changes to improve export standards and farm efficiency. The success of this strategy will depend on how quickly these technological solutions can be scaled across the country's diverse farming landscape.