GlobeVerge
INDIA
India’s makhana market likely to reach nearly Rs 12,000 crore by 2029-30
India’s makhana sector is projected to reach Rs 11,000–12,000 crore by 2029-30, driven by rising demand, higher prices, improved productivity and exports. Bihar remains the leading producer, while government initiatives including the National Makhana Board aim to boost research, farming, value addition and international marketing
GlobeSignal-AIlow certainty
- Why it matters
- The projection signals expected growth in a niche agricultural sector through rising domestic demand, export expansion, and productivity gains that could attract investment and farming participation in makhana production.
- Most affected
- Makhana farmers, particularly in Bihar — Potential market expansion creates incentive to expand production and adopt improved techniques.
- Likely next
- Whether actual makhana production and prices track toward the projected revenue figure by 2029-30.