India’s agricultural export sector is poised for significant expansion, with Commerce and Industry Minister Piyush Goyal recently stating that the country’s farm exports could reach around $55 billion by 2025-26.
The growth is expected to be driven by strong global demand for basmati rice, marine products, spices, processed foods and specialty agricultural ingredients. India already ranks among the world’s largest exporters of rice and shrimp, while processed food exports have also been gaining traction in international markets.
As global demand for Indian agricultural products rises, several listed companies engaged in rice exports, seafood processing, specialty food ingredients and packaged foods could benefit from the trend.
Here are seven agri export-focused stocks that could gain from India’s $55 billion farm export opportunity.
LT Foods Ltd (NSE:LTFOODS)
Share price: ~₹378
Market capitalisation: ~₹13,600 crore
1-year return: ~8.45%
LT Foods is one of India’s leading exporters of basmati rice and specialty rice products. The company owns globally recognised brands such as Daawat and Royal, which are sold in major markets including the United States, Europe and the Middle East.
The company exports to over 80 countries, with North America being a key revenue contributor. LT Foods has also been expanding into organic foods, ready-to-eat meals and health-focused products, which are gaining popularity in global markets.
With rising demand for premium basmati rice internationally, LT Foods remains well positioned to benefit from export growth.
KRBL Ltd (NSE:KRBL)
Share price: ~₹315
Market capitalisation: ~₹7,200 crore
1-year return: ~18%
KRBL is among the largest basmati rice exporters globally and is best known for its flagship brand India Gate Basmati Rice.
The company exports rice to more than 90 countries, particularly in the Middle East, Europe and North America. KRBL’s integrated rice processing and storage infrastructure helps maintain quality consistency in export markets.
Given the strong international demand for basmati rice, the company remains a key participant in India’s agricultural export ecosystem.
Avanti Feeds Ltd (NSE:AVANTIFEED)
Share price: ~₹1205
Market capitalisation: ~₹16430 crore
1-year return: ~46%
Avanti Feeds operates in the aquaculture sector, producing shrimp feed and exporting processed shrimp products.
India is currently one of the largest shrimp exporters globally, with major export markets including the United States, China and Japan.
The company’s integrated business model — combining shrimp feed manufacturing and seafood processing — helps support strong export operations and margin stability.
Manorama Industries Ltd (NSE:MANORAMA)
Share price: ~₹1,360
Market capitalisation: ~₹8,000 crore
1-year return: ~60%
Manorama Industries is a niche exporter of specialty fats and butter substitutes derived from natural products such as shea butter and sal butter.
These ingredients are widely used in the food processing, confectionery and cosmetics industries across global markets.
The company exports products to over 50 countries and supplies several multinational food and FMCG companies.
With increasing global demand for plant-based and sustainable ingredients, Manorama Industries could benefit from export-led growth.
ADF Foods Ltd (NSE:ADFFOODS)
Share price: ~₹189
Market capitalisation: ~₹2,000 crore
1-year return: ~18%
ADF Foods manufactures and exports processed and packaged food products, including pickles, sauces, frozen foods and ready-to-eat meals.
The company sells products under brands such as Ashoka, Camel and Truly Indian, which are widely available in supermarkets across North America, Europe and the Middle East.
The growing popularity of Indian cuisine globally has supported demand for the company’s export products.
Rajshree Sugars & Chemicals Ltd (NSE:RAJSREESUG)
Share price: ~₹28.5
Market capitalisation: ~₹97 crore
1-year return: -32%
Rajshree Sugars operates in sugar manufacturing, ethanol production and power generation.
India has emerged as a major exporter of sugar during years of surplus production, allowing domestic producers to tap global markets.
Apart from sugar exports, the company also benefits from India’s ethanol blending programme, which supports revenue diversification.
Dhampur Bio Organics Ltd (NSE:DBOL)
Share price: ~₹150
Market capitalisation: ~₹1,000 crore
1-year return: ~20%
Dhampur Bio Organics produces sugar, specialty sugars and organic agricultural products.
The company focuses on premium products such as brown sugar, demerara sugar and organic sweeteners, which are used in international food and beverage markets.
With rising global demand for natural and organic ingredients, Dhampur Bio Organics could see increasing export opportunities.
What Is Driving India’s Agricultural Export Growth?
Several structural factors are supporting the expansion of India’s agricultural exports.
Rising global food demand: Population growth and changing dietary preferences are driving demand for rice, seafood and processed foods.
Competitive production: India remains one of the most competitive producers of rice, spices and seafood globally.
Government support: Policies aimed at boosting food processing, improving logistics and expanding export infrastructure are supporting the sector.
Growth in value-added products: Companies are increasingly exporting processed foods and specialty ingredients, which offer higher margins.
Outlook
India’s goal to reach $55 billion in agricultural exports highlights the growing importance of the sector for the country’s economy.
Companies involved in rice exports, seafood processing, specialty food ingredients and packaged foods are likely to remain key participants in the country’s export growth story.
Stocks such as LT Foods, KRBL, Avanti Feeds, Manorama Industries, ADF Foods, Rajshree Sugars and Dhampur Bio Organics represent different segments of India’s agricultural export ecosystem and could benefit from rising global demand for Indian farm products.