date:Dec 17, 2015
gnificant factor that is impacting edible oil demand is the increase in disposable income amongst the growing middle-class. This has led to change in the lifestyle, which has increased the consumption of edible oils.
India imports half of its edible oil requirement, making it the worlds third-largest importer of edible oil. The country buys soya oil from Argentina and Brazil and palm oil from Malaysia and Indonesia. Currently, India accounts for 11.2 per cent of vegetable oil import and 9.3 per