date:Dec 20, 2012
egment, Chaudhry added.
The agribusiness firm also plans to boost its cooking oil refining capacities at its three existing plants in Gujarat, Maharashtra and Orissa, with an investment of $18.2m in the next two years.
India's edible oils production caters to about half of its domestic demand. The country imports palm oil from Indonesia and Malaysia, a small quantity of soyoil from Brazil and Argentina.
Earlier this month, Cargill acquired Wipro's Sunflower Vanaspati brand for an undisclosed