Allocated by Telangana’s Department of Agriculture and Cooperation (Horticulture and Sericulture), the allotted area will be utilized by the company to expand cultivation of oil palm and set up processing units.
India has reduced customs duty on imports of refined soyabean oil and refined sunflower oil to 12.5 per cent from 17.5 per cent, according to an official notification.
A meeting was held Friday between the food department and the leading edible oil industry representatives in India to discuss a further reduction in the retail prices of edible oils amidst a continued fall in their global prices.
Kachch (Gujarat) [India], May 23 (ANI/NewsVoir): In 2022, the Indian edible oil market grew by 24.3 million tonnes. Projections indicate continued growth with a 5.1 percent volume growth in 2024. The average volume per person in the Edible Oils segment is expected to reach 4.47 kg in 2023. T
According to the Ministry, the said business group was under the control of an individual with a significant political background. As part of the operation, the tax department also conducted searches on a close business associate of the individual.
For increased availability of edible oils in the country and to reduce the import burden, various interventions were taken since 1991-92 through different schemes, the deputy director said.
An Indian edible oil industry body issued an advisory to its members appealing to reduce the retail and wholesale prices in line with prevailing global markets to benefit the consumers.
Representatives from the Solvent Extraction Association of India (SEAI) and the Indian Vegetable Oil Producers' Association (IVPA) were present to discuss further reduction in the retail prices of cooking oils amidst a fall in the global prices
This move is on account of the reduced impact of international markets and the ease in availability of domestic crop. According to Mother Dairy, revised MRP stocks are slated to hit the market by next week.
Edible oil industry body The Solvent Extractors' Association of India on Tuesday said it has advised all its members to reduce retail prices in line with the falling prices of edible oils internationally.
Patanjali Foods Limited has signed a Memorandum of Understanding with the Telangana government to establish a food processing unit in the Nalgonda district.
New Delhi [India], March 15 (ANI/India PR Distribution): On the occasion of Holi, one of India's most popular and colourful festivals, Fortune Edible Oils & Foods released its Holi campaign with a unique concept uniting India & highlighting special Holi recipes that are the favourite