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India Faces Massive Food Grain Storage Deficit, NITI Aayog Urges Expansion for Price Stability & Exports

Agriculture

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Published on 20th November 2025, 10:14 AM

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Author

Simar Singh | Whalesbook News Team

Overview

NITI Aayog member Ramesh Chand highlighted a significant mismatch between India's food grain production and storage capacity, projecting a deficit of 69 million metric tonnes by 2030-31. This creates a substantial investment opportunity in expanding warehouse capacity to stabilize prices, boost exports, and ensure food security. The foodgrain storage market is expected to grow significantly, with a CAGR of 3.3%. Diversification beyond rice and wheat to pulses, sugar, onions, and cold storage for perishables is also recommended.