Edible oil imports dipped 3% to 159.6L tonnes in 2023-24

PTI

New Delhi, Updated At : 05:55 AM Nov 14, 2024 IST

India’s edible oil imports declined by 3.09% to 159.6 lakh tonnes during the 2023-24 oil marketing year (November-October) due to higher production of domestic oilseeds and reduced demand amid rising prices, according to the Solvent Extractors Association of India. The country, which is the world’s largest importer of edible oils, had imported 164.7 lakh tonnes in the previous oil year. In value terms, the imports marginally decreased to Rs 1,31,967 crore.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

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