Agricultural commodities having comparative advantage in india
Answers
no , the dont have comparitive advantages in India
Introduction
Indian agricultural commodities have come to
occupy a supreme position in the global market over
the years. Today, India is a major supplier of several
agricultural commodities like tea, coffee, rice, spices,
cashew, oil meals, fresh fruits, fresh vegetables, meat
and its preparations and marine products to the
international market. However, the country faces
fierce competition from other major players in the
field, both the existing and new entrants in the fray.
Ironically, the major challenge is from within Asia
itself where countries like China, Malaysia,
Philippines, Thailand, Singapore and Indonesia
among others pose a big threat to Indian agricultural
products.Ten major agricultural commodities/commodity
groups were selected for the analysis, based on their
respective shares in India’s total agricultural exports.
They were tea, coffee, rice, spices, cashew, oil meals,
fresh fruits, fresh vegetables, meat and meat
preparations, and marine products. During the period
under study (1991-2004), these commodities
together accounted for more than 65 per cent of
India’s total agricultural export earnings from the
world.