Maize has potential to generate better farmers income who are vulnerable to vagaries of monsoon: Bhagirath Choudhary

Rising consumption, especially for ethanol and feed industries, is likely to push domestic demand of Maize to nearly 72 million MT by 2030–31: FICCI-YES Bank Report.                                                            NEW DELHI, 15 May 2026: Mr Bhagirath Choudhary, Minister of State for Agriculture and Farmers’ Welfare, Govt of India today while addressing the 12^th edition of ‘FICCI India Maize Summit 2026’, said that maize has transitioned from a basic food crop into India’s third-largest food grain, contributing around 14 per cent to total domestic food grain production. “Every part of the maize plant holds direct economic value for food, feed, fodder, or industrial applications. India ranks 4^th in terms of maize acreage and 5^th in terms of production of maize, in the world,” he added. The Minister stated that growth in Maize sector is driven by yield improvements rather than land expansion, with production rising at an 8.3 per cent CAGR against a 4.5 per cent acreage expansion. “Only 42 per cent of India’s maize area is irrigated, compared to 70 per cent for rice and 95 per cent for wheat, highlighting its role in freshwater conservation. Maize has the potential to generate better farmers income mainly for those who are vulnerable to vagaries of monsoon,” he emphasized.

 Mr Choudhary added that the government has announced various policy initiatives to enhance maize productivity, improve farmer income, promote crop diversification, strengthen post-harvest efficiencies and create an enabling ecosystem for sustainable growth of the maize value chain. “The government has recently increased the MSP of maize to Rs 2,410/quintal for the marketing season 2026-27,” he noted.                                Dr PK Singh, Agriculture Commissioner, Department of Agriculture & Farmers Welfare, Ministry of Agriculture & Farmers Welfare, Govt of India said that maize should also be included in crop diversification strategy. We also need to diversify the use of maize and not be dependent as a source of cattle feed or ethanol production.

 Dr Nachiket Kotwaliwale, Director, ICAR-Indian Institute of Maize Research (IIMR) said that around 26 per cent of Maize is now being used for ethanol production, making it a major game changer. This has contributed significantly to India’s energy security. It is not just an economic gain but an important contributor to farmers’ livelihoods and national economy.”

Mr. Subroto Geed, Co-Chair, FICCI Committee on Agriculture and President -South Asia, Corteva Agriscience said, “Transforming India’s maize value chain demands a targeted productivity agenda. With the right seeds, precision agronomy, and technology, we can meaningfully boost productivity and ensure that growth translates into stronger, more stable incomes for farmers. A transformed maize value chain is a direct contribution to the larger vision of a resilient and Viksit Bharat.”

During the event, FICCI-YES Bank report ‘Maize Sector in India: Navigating Transformation in Demand-Supply Dynamics’, was released.

Maize production has increased by more than 120% over the last decade and is expected to touch 50 million MT in 2025-26. Maize is now the third-largest food grain crop in India after wheat and rice. It is also the fastest growing agricultural crop in the country said Mr. Sunjay Vuppuluri, National Head, Food & Agribusiness Strategic Advisory & Research (FASAR), YES Bank.

 Mr Siraj Hussain, Advisor, Food Processing, FICCI and Former Secretary, Ministry of Agriculture & Farmers Welfare and Ministry of Food Processing Industries, GoI, while delivering the vote of thanks highlighted the opportunities and challenges in maize sector.

At the 12th India Maize Summit 2026, Federation of Indian Chambers of Commerce and Industry (FICCI) celebrated the International Year of Women Farmers by recognizing and felicitating outstanding women achievers from across the maize value chain. This initiative reaffirms FICCI’s strong commitment to acknowledging the pivotal role of women in agriculture and to advancing inclusive, resilient, and sustainable growth across India’s agricultural ecosystem PDF-(YES BANK-FICCI Report on Maize sector in India Navigating Transformation in Demand-Supply Dynamics)