India's Horticulture output seen at record 314.67 MT in 2018-19

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India's horticulture production is estimated to rise by 1% to record 314.67 million tonnes in 2018-19 on the higher area, the government said.

NCDEX TipsThe agriculture ministry released the final estimates for 2017-18 and the first estimates for 2018-19 of area and production of horticulture crops.

As per the final estimates of 2017-18, horticulture production stood at a record 311.7 million tonnes, which is 3.7% higher than the previous year and 10% higher than the past five years' average production.

The area under coverage rose to 25.87 million hectares from 25.43 million hectares.

Onion production in the current year is likely to be around 23.62 million tonnes as against 23.26 million tonnes in 2017-18, while potato output is estimated at 52.58 million tonnes compared to 51.31 million tonnes.

Tomato production is estimated to rise 2% to 20.51 million tonnes as against 19.76 million tonnes in 2017-18.

The production of fruits is estimated at 97.35 million tonnes, while that of vegetables at about 187.5 million tonnes.

Disclaimer:- The views and investment tips expressed by investment experts are their own. Ripples Advisory advises users to check with certified experts before taking any investment decisions.

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