How many tonnes of rice bran oil does India produce a year?
India produces about 10 lakh tonnes of rice bran oil every year. In 2008, Chitta Majumder, managing director of Majumder Products Ltd, set up a rice mill in Jashore’s Noapara and started importing rice from India around 2010. He got the idea of setting up a rice bran oil mill when he came across such mills in different Indian states.
Which companies produce rice bran oil in Bogura?
Four companies that produce rice bran oil in Bogura ¨C Majumder Products Limited and Western Agro Products Limited in Sherpur, Tamim Agro Industries in Shahjahanpur, and Al-Noor Agro Limited in Kahalu upazila ¨C mainly export their products. Tamim Agro Industries exported Tk143.47 crore worth of rice bran oil last year.
What is rice bran?
Rice bran is obtained from outer layer of the brown (husked) rice kernel during milling. It has emerged as potential by-product from rice processing industry due to the increasing demand for rice bran oil (RBO) as healthy functional food ingredients.
Why did Majumder start a rice bran mill in Bogura?
To cash in on their poor run, Majumder stepped up and established a rice bran mill in Bogura in 2012. "We have been exporting rice bran oil in crude form, mainly to India, since 2015," he told The Business Standard. Within a few years, Majumder’s mills became the market leader.