Where is India’s first integrated oil palm processing unit located?
Situated in Arunachal Pradesh. Prime Minister Narendra Modi virtually inaugurated India’s first integrated oil palm processing unit, operated by 3F Oil Palm, marking a significant stride in the nation’s journey towards self-reliance in edible oils.
Which is India’s first oil palm factory under nmeo-op?
Notably, this project not only stands as Arunachal Pradesh’s premier oil palm factory but also represents India’s maiden oil palm factory under NMEO-OP. PM Modi virtually inaugurated the 3F Oil Palm Processing Unit on March 9th, emphasizing its transformative role in India’s economic journey.
What is the integrated oil palm project?
This integrated Oil Palm project will include a cutting-edge oil palm factory (Palm Oil Processing and Refinery), a zero-discharge effluent plant, a palm waste-based power plant, and additional structures and go-downs for support purposes.
Where is a palm oil factory located in India?
This factory is located in Roing within the lower Dibang Valley of Arunachal Pradesh. Despite significant potential, India currently struggles with achieving self-sufficiency in edible oils, importing 96% of its required palm oil, which makes up 67% of the country’s edible oil import bill, totaling over Rs. 1 Lakh crore.
Why is 3F oil palm in Arunachal Pradesh launching its first oil palm processing unit?
The commencement of operations of the country’s first oil palm processing unit by 3F Oil Palm in Arunachal Pradesh is in line to encourage domestic oilseeds production.
What are the prospects of palm oil in India?
Talking about the prospects of Palm Oil in India, Sanjay Goenka, Managing Director & CEO, 3F Oil Palm Pvt Limited., stated, “With the ever-increasing demand for edible oils, palm oil has become an important component to ensure food security of the nation.