Topic
palm oil
Commodities Godrej Agrovet Unveils India’s First Integrated Oil Palm Complex in Telangana with ₹300 Crore Investment
Godrej Agrovet has inaugurated India's first Integrated Oil Palm Complex in Khammam, Telangana, with a ₹300 crore investment. The complex brings together seed garden, nursery, R&D centre, and mill under one roof, with mill capacity of 30 tonnes per hour expandable to 60 tonnes per hour. The facility aims to boost India's edible oil security and support Telangana's oil palm mission.
Commodities Godrej Agrovet inaugurates ₹300-cr integrated oil palm complex in Telangana's Khammam
Godrej Agrovet Ltd on July 20, 2026, inaugurated an integrated oil palm complex in Khammam, Telangana, with a total investment of ₹300 crore. The complex includes a mill with 30 tonnes per hour capacity, expandable to 60 tonnes, and aims to support the company's plan to increase its oil palm plantation area in Telangana to 30,000 hectares by 2030 from the current 10,000 hectares.
Commodities Indian edible oil imports plunge 30% in June as palm and soybean oil shipments fall
India's edible oil imports dropped 30% in June 2026 to 11.11 lakh tonnes, driven by a collapse in palm oil and soybean oil shipments. The decline reflects vanishing price discounts and global biofuel mandates, according to the Solvent Extractors’ Association of India.
Commodities India's June Palm Oil Imports Plunge to 14-Month Low as Demand Weakens, Dealers Say
India's palm oil imports fell to a 14-month low in June, dropping 10.5% month-on-month to 492,000 metric tons, according to dealer estimates. The decline was driven by weak demand, hand-to-mouth buying, narrowing discounts to soyoil, and a severe cooking gas crisis.
Commodities India Palm Oil Imports Rise in May but Stay Below Average Levels
India's palm oil imports edged up 7% month-on-month in May to 549,356 metric tons, rebounding from a four-month low but remaining below the 632,000-ton monthly average of the previous marketing year. The Solvent Extractors' Association of India (SEA) reported that soyoil imports surged 37% as its price advantage over palm oil narrowed, while sunflower oil imports fell nearly 32%. Total vegetable oil imports rose 4.2% to 1.37 million tons, the highest in three months.