date:Dec 17, 2015
groundnut oil vegetable fats of treeborne oilseeds. India's edible oil industry is growing at a CAGR of 90 per cent. Currently, India accounts for 7.4% of world oilseeds output; 6.1% of world oilmeal production; 3.9% of world oilmeal export; 5.8% of world vegoil production; 11.2% of world vegoil import; and 9.3% of the world edible oil consumption.
The competition in India is highly fragmented owing to the presence of a large number of organised as well as local and unorganised players. After