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Grapevine

India Plans to Double Edible Oil Production

  • India has approved a $1.2 billion program to double edible oil production within seven years.
  • The aim is to reduce dependence on costly imports, as India currently fulfills nearly two-thirds of its demand through overseas purchases.
  • The program will increase oilseed productivity by promoting high-yielding, high-oil content varieties and expanding cultivation.
  • Advanced technologies like genome editing will be used to develop superior seeds.
  • The goal is to increase edible oil production from the current 12.7 million metric tons to 25.45 million tons by 2030-31.

Source: Reuters

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