India is the world's 4th largest vegetable oil economy.
The size of the Indian oilseeds-based sector is estimated at US$ 16.5 billion (inclusive of exports and imports).
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.
Major demand drivers of Indian vegetable oil economy include GDP growth, population growth, possible changes in consumption pattern and Government policies.
India's oilseeds output shows wide variation from year to year and crop to crop.
India is a leading importer of vegetable oil in the world.
More Production Required
Domestic vegetable oil production (7.0 to 8.0 million tonnes) is not sufficient to meet domestic demand.
Cheap oil frailing us
Low priced imported oils eat into the already fragile trade margins on domestic oils.
Great Marketplace For Exporter
Currently, India accounts for 5.8% of world vegetable oil production and 11.2% of vegetable oil import.