India Opens Doors to More Domestic Palm Oil Production

April 4, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As the largest palm oil importer, India annually imports about US$10 billion worth of edible oil to fulfil nearly 70% of its total requirement. However, India is now seeking self-sufficiency through domestic production. Mission Palm Oil, a program launched by the Indian government in August 2021, aims to strengthen the nation's oil palm cultivation and crude palm oil production.