Millets often termed as “nutri-cereals” and traditionally viewed as subsistence crops, are now increasingly recognized for their nutritional value, climate resilience and their potential to enhance food and nutrition security, particularly in rainfed and dryland regions like India. Significant advancements have been made in millet processing, resulting in the emergence of value-added products. These innovations are helping in transforming millets from “poor man’s food” to “modern health-conscious choices” in both rural and urban markets. This study explores the existing value chain of millets, production, processing, value addition, marketing and consumption. Despite their significance, the millet value chain remains fragmented and underdeveloped when compared to other staple cereals such as rice and wheat. By aligning production, processing, marketing and consumption through policy support, infrastructure development and market innovation, the millet value chain can evolve into a robust, inclusive and sustainable agri-food system.