India has restricted the import of refined palm oil according to a notification from the Ministry of Commerce and Industry. Four industry sources told Reuters that this amounts to an effective ban on imports of refined palm oil, meaning India can now only import crude palm oil.
Where does India import palm oil from?
India imports nearly two-thirds of its total edible oil from palm oil, amounting to over 9 million tonnes annually. Indonesia and Malaysia are the primary sources of India’s palm oil imports, being the world’s biggest and second biggest producers, respectively.
How much palm oil will India produce by 2025-26?
India currently produces palm oil on more than 3,00,000 hectares of land and plans to cover an additional area of 6,50,000 hectares by 2025-26. But, the palm oil mission proposes to cover an additional area of 6.5 lakh hectares by 2025-26 to increase crude palm oil (CPO) production to 11.2 lakh tonnes by 2025-26 and up to 28 lakh tonnes by 2029-30.
What is palm oil production line?
Palm oil production line includes three sections, palm oil pressing plant, palm oil refinery plant and palm oil fractionation plant. As the manufacturer of the palm oil production line, we can offer the whole line or part of the palm oil production line for different capacities with turnkey services.