Question

Despite significant domestic oilseed production, India continues to rely heavily on imports to meet its edible oil consumption needs, a dependency that has been a key driver behind the launch of both NMEO-Oil Palm and NMEO-Oilseeds. As per recent estimates, imports account for approximately what share of India's domestic edible oil demand?

Q: Answer-Despite significant domestic oilseed production, India continues to rely heavily on imports to meet...

As per recent estimates, Indias edible oil imports account for approximately 57 of the countrys domestic demand, a heavy reliance on imported oil that has driven the launch of both NMEO-Oil Palm and NMEO-Oilseeds, aiming to progressively raise domestic production and reduce this import dependency over the coming years.