edible oil

India aims to double edible oil output to trim reliance on imports

The world's largest importer of edible oils, India currently fulfils nearly two-thirds of its demand through overseas purchases of palm oil, soyoil, and sunflower oil, primarily from Indonesia, Malaysia, Argentina, Brazil, Russia, and Ukraine.

03 October 2024, 20:05 IST

India aims to double edible oil output to trim reliance on imports

03 October 2024, 20:05 IST

Import duty on edible oils will help farmers: Union minister Chouhan

The government also decided to decrease the export duty on onion from 40 per cent to 20 per cent and abolished 9.5 per cent export duty on Basmati rice in the interest of the farmers, he added.

17 September 2024, 20:04 IST

Import duty on edible oils will help farmers: Union minister Chouhan

17 September 2024, 20:04 IST

Government asks edible oil firms not to hike retail prices

Food Secretary Sanjeev Chopra chaired a meeting with the representatives from Solvent Extraction Association of India (SEA), Indian Vegetable Oil Producers’ Association (IVPA) and Soyabean Oil Producers Association (SOPA) to discuss the pricing strategy.

17 September 2024, 16:18 IST

Government asks edible oil firms not to hike retail prices

17 September 2024, 16:18 IST

India sharply raises import tax on edible oils to support farmers

The move could lift edible oil prices and dampen demand and subsequently reduce overseas purchases of palm oil, soyoil and sunflower oil, helping to protect farmers reeling from lower oilseed prices.

13 September 2024, 22:07 IST

India sharply raises import tax on edible oils to support farmers

13 September 2024, 22:07 IST

Niti Aayog pitches for raising import duty on edible oils to make India self-sufficient in production

'A flexible tariff structure, responsive to global market prices, domestic supply and demand trends, and the Minimum Support Price (MSP) for oilseeds, offers a strategic approach,' the report said.

28 August 2024, 19:15 IST

Niti Aayog pitches for raising import duty on edible oils to make India self-sufficient in production

28 August 2024, 19:15 IST

Adani Wilmar to invest Rs 600 crore to expand edible oil business, solar power capacities

This is over and above the ongoing expansion programmes of around Rs 3,400 crore to add capacities across businesses.

30 July 2024, 14:12 IST

Adani Wilmar to invest Rs 600 crore to expand edible oil business, solar power capacities

30 July 2024, 14:12 IST

India's April palm oil imports jump 34% on lower global prices

Palm oil accounted for 52% of India's total edible oil imports of 13,04,409 tonnes in April and sunflower and soybean oils import stood at 6,20,315 tonnes.

14 May 2024, 10:24 IST

India's April palm oil imports jump 34% on lower global prices

14 May 2024, 10:24 IST

Govt extends zero import duty & agri-cess exemption on masur till March 2025

However, the government has not extended the current import duty structure on three crude edible oils -- palm oil, soyabean oil and sunflower oil.

22 December 2023, 14:52 IST

Govt extends zero import duty & agri-cess exemption on masur till March 2025

22 December 2023, 14:52 IST

India extends import duty reduction for edible oils to March 2025

The lower import duty structure on crude palm oil, crude sunflower oil and crude soyoil was originally set to expire in March 2024.

22 December 2023, 06:37 IST

India extends import duty reduction for edible oils to March 2025

22 December 2023, 06:37 IST

Import duty on refined soybean, sunflower oils cut

Currently, there are no import of refined soybean and sunflower oils.

15 June 2023, 11:39 IST

Govt cuts import duty on refined soybean, sunflower oils to 12.5%

Import duty on refined soybean, sunflower oils cut

15 June 2023, 11:39 IST