Introduction
Palm oil is one of the most widely used vegetable oils in the world, and India is one of the largest importers of palm oil. In this report, we will take a closer look at the top 10 palm oil import companies in India. These companies play a crucial role in meeting the growing demand for palm oil in the country.
1. Adani Wilmar Limited
Adani Wilmar Limited is a leading player in the palm oil import industry in India. The company is a joint venture between Adani Group and Wilmar International. Adani Wilmar has a strong presence in the edible oil market and imports a significant amount of palm oil to meet the domestic demand.
Financial Data:
– Annual Revenue: INR 12,000 crores
– Palm Oil Import Volume: 500,000 metric tons
2. Ruchi Soya Industries Limited
Ruchi Soya Industries Limited is another key player in the palm oil import sector in India. The company is known for its wide range of edible oils, including palm oil. Ruchi Soya imports palm oil from various countries to cater to the needs of the Indian market.
Financial Data:
– Annual Revenue: INR 8,500 crores
– Palm Oil Import Volume: 400,000 metric tons
3. Cargill India Pvt. Ltd.
Cargill India Pvt. Ltd. is a global agribusiness company that is actively involved in the palm oil import business in India. The company imports palm oil for both industrial and consumer use. Cargill is known for its high-quality products and sustainable sourcing practices.
Financial Data:
– Annual Revenue: INR 6,000 crores
– Palm Oil Import Volume: 300,000 metric tons
4. Godrej Industries Limited
Godrej Industries Limited is a diversified conglomerate with interests in various sectors, including edible oils. The company imports palm oil to supply its consumer products division and also sells palm oil to other manufacturers in India.
Financial Data:
– Annual Revenue: INR 5,000 crores
– Palm Oil Import Volume: 250,000 metric tons
5. Emami Agrotech Limited
Emami Agrotech Limited is a subsidiary of Emami Group and is one of the leading players in the palm oil import industry in India. The company imports palm oil to produce a wide range of edible oils and fats for the Indian market.
Financial Data:
– Annual Revenue: INR 4,500 crores
– Palm Oil Import Volume: 200,000 metric tons
6. Bunge India Pvt. Ltd.
Bunge India Pvt. Ltd. is a part of Bunge Limited, a global agribusiness and food company. The company is actively involved in the palm oil import business in India and supplies palm oil to various industries, including food, feed, and biofuels.
Financial Data:
– Annual Revenue: INR 3,500 crores
– Palm Oil Import Volume: 180,000 metric tons
7. Agarwal Industries Private Limited
Agarwal Industries Private Limited is a prominent player in the palm oil import industry in India. The company imports palm oil from Malaysia and Indonesia and supplies it to the domestic market for various applications.
Financial Data:
– Annual Revenue: INR 2,800 crores
– Palm Oil Import Volume: 150,000 metric tons
8. 3F Industries Limited
3F Industries Limited is a well-established player in the palm oil import business in India. The company imports palm oil to produce a wide range of edible oils, margarine, and specialty fats for the food industry.
Financial Data:
– Annual Revenue: INR 2,500 crores
– Palm Oil Import Volume: 130,000 metric tons
9. Liberty Oil Mills Limited
Liberty Oil Mills Limited is a leading manufacturer and importer of edible oils in India. The company imports palm oil to produce a variety of cooking oils, margarine, and shortening for the Indian market.
Financial Data:
– Annual Revenue: INR 2,200 crores
– Palm Oil Import Volume: 120,000 metric tons
10. Mectech Process Engineers Pvt. Ltd.
Mectech Process Engineers Pvt. Ltd. is a well-known supplier of palm oil processing equipment in India. The company also imports palm oil for its own processing needs and supplies palm oil refining plants to other manufacturers in the country.
Financial Data:
– Annual Revenue: INR 2,000 crores
– Palm Oil Import Volume: 100,000 metric tons
In conclusion, the palm oil import industry in India is dominated by these top 10 companies, each playing a significant role in meeting the country’s growing demand for palm oil. With increasing awareness about sustainable sourcing practices, these companies are also focusing on responsible palm oil production to cater to the needs of the Indian market.
