Fact
India is the world's 4th largest vegetable oil economy.
—Source: WHO.
Indian Oilseeds
The size of the Indian oilseeds-based sector is estimated at US$ 16.5 billion (inclusive of exports and imports).
—Source: WHO
Indian Oil Industry
The industry comprises of 15,000 oil mills, 600 solvent extraction units, 250 vanaspati (hydrogenated oil) plants, and over 600 refineries, employing over one million persons.
—Source: WHO
Demand drivers
Major demand drivers of Indian vegetable oil economy include GDP growth, population growth, possible changes in consumption pattern and Government policies.
—Source: WHO
Grorwing Story
India's oilseeds output shows wide variation from year to year and crop to crop.
—Source: WHO
Oil Need
India is a leading importer of vegetable oil in the world.
—Source: WHO
More Production Required
Domestic vegetable oil production (7.0 to 8.0 million tonnes) is not sufficient to meet domestic demand.
—Source: WHO
Cheap oil frailing us
Low priced imported oils eat into the already fragile trade margins on domestic oils.
—Source: WHO
Great Marketplace For Exporter
Currently, India accounts for 5.8% of world vegetable oil production and 11.2% of vegetable oil import.
—Source: WHO