This proves India's agricultural strength is key to its success.
However, I am very weary of Wall Street investing in agriculture - the focus will be on ripping out as much productivity in as short a time as possible. It will included introduction of more genetically modified foods in the chain - with god knows what consequence.
One way for India to really compete is to open a food-oil exchange for its extra agri-stocks i.e. offer to sell it's agricultural surplus for oil. This will immediately have great salutary effects
1- Strengthening India viz-a-viz US as the dollar will plummet - I have nothing against the US, but am happier to see India gain
2- Reducing Chinese savings to rubbish as they are all linked to USD and also lowering Chinese competitiveness for influence in mid-east. After all the Arabs can eat wheat or rice, bu they cannot eat lead painted toys!
3- lowering fuel prices while increasing agri-investment incentives - all for the good. India can actually double agri-output only is wastage is reduced and its age old IPR in organic farming enhanced