NEW DELHI: Malaysia’s palm oil exports to India will continue to rise in line with India’s middle-class consumer growth, Plantation and Commodities Mi...
: Malaysia’s palm oil exports to India will continue to rise in line with India’s middle-class consumer growth, Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said.
“Moving forward, I would like to reaffirm Malaysia’s commitment to being India’s trusted source of high-quality palm oil,” Johari said in a keynote speech at a conference organised by the Indian Vegetable Oil Producers’ Association here today. The minister added that India’s consumption of oils and fats was about 27.2 million tonnes in 2023 with palm oil comprising 36 per cent.Johari pointed out that over the past decade, India’s per capita consumption of oils and fats rose from 15.8 kg to 19 kg.“It now represents 31 per cent of the population and is expected to be 38 per cent by 2031 and 60 per cent in 2047,“ Johari said.
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