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  • How much soybeans does india produce in 2023 – 2024?
  • Key Highlights: In 2023–2024, india is estimated to produce around 130.5 lakh metric tons of soybeans, which is about one-third of the country's total oilseed production. At the same time, in 2023–24, india’s export of soybean meal crossed 21 lakh metric tonnes. It is a considerable 16% rise compared to last year.
  • What oilseeds are grown in india?
  • Apart from this, a wide range of other minor oilseeds of horticultural and forest origin, including in particular coconut and oil palm are grown in the country. In addition, substantial quantities of vegetable oil are also obtained from rice bran and cotton seed.
  • Why is the soybean industry growing in india?
  • Due to numerous soybean applications in india, such as soybean oil, animal feed, and soy flour, the market size is huge. In 2023-24, more than 1.3 million metric tonnes of soybeans will be consumed in the nation. One of the main factors behind the rising soybean industry is the emerging need for plant-based proteins.
  • How many shipments were made for soybean export from india in 2024?
  • Just in February 2024, more than 130 shipments were made for the soybean export from india. At the same time, in 2023–24, india’s export of soybean meal crossed 21 lakh metric tonnes. It is a considerable 16% rise compared to last year, according to soybean export data.
  • Can I export soybeans from india?
  • You can export soybeans from india, but you must comply with the domestic country's trade regulations and destination. A few mandatory documents need to be collected for soybean export from india, such as a physical certificate, Import export code, commercial invoice, and certificate of origin.
  • How did india achieve self-sufficiency in oilseeds?
  • The self-sufficiency in oilseeds attained through “Yellow Revolution” during early 1990’s, could not be sustained beyond a short period. Despite being the fifth largest oilseed crop producing country in the world, india is also one of the largest importers of vegetable oils today.