By acquiring this division, PFL is set to diversify its business portfolio, which is traditionally centred around food processing, oilseed refining, and fast-moving consumer goods (FMCG) related to health, nutrition, and edible oils.
In a post shared on X, PM Modi stated that the mission will boost domestic oilseed production, support hard-working farmers and encourage sustainable agricultural practices.
In a significant move, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday, approved the National Mission on Edible Oils - Oilseeds (NMEO-Oilseeds), an initiative aimed at boosting domestic oilseed production and achieving self-reliance (Atmanirbhar Bharat) in edible o
New Delhi [India], September 27: Vimal Oils, a name synonymous with trust and quality in the Indian edible oils industry, is embarking on a transformative new journey. From its humble beginnings on September 23, 1993, when the company established its first refinery, Vimal Oils has continuous
Mumbai (Maharashtra) [India], September 24: The 27th edition of Globoil India, one of the premier events in the global edible oils and agri-business sector, was successfully celebrated on 19th September 2024 at The Westin Mumbai Powai. Organized by Tefla's, the event brought together over 1,
The associations were advised to ensure that the MRP of each oil is maintained till the availability of edible oil stocks imported at low duty and take up the issue with their members immediately.
In a post on X, PM Modi said that the recent policy decisions, including reduced export duty on onions and increased import duty on edible oils, will benefit the food producers, citing increased income and employment opportunities in rural areas.
The Union Government has decided to remove the minimum export price (MEP) thresholds on the export of basmati rice, the Ministry of Commerce and Industry said in a statement on Saturday.
India is the world's second-largest consumer and number one vegetable oil importer, and it meets about 60 per cent of its needs through imports. A large part of it is palm oil and its derivatives, which are imported from Indonesia and Malaysia.
Edible oil industry body Solvent Extractors Association of India (SEA) has requested the central government not to extend the ban on the exports of de-oiled rice bran, which is presently under prohibition.
Mumbai (Maharashtra) [India], May 9: BN Group, a leading edible oil manufacturing company in India, announced its foray into the wellness and fitness oil category with the launch of Nutrica. The brand will have three products in its initial launch phase - Nutrica Pro Immunity Oil, Nutrica Pr