OFI India

OFI INDIA 2017

NEW DATES ANNOUNCED

OFI India 2017 will now be held on 19 - 20 May 2017 at the Bombay Convention & Exhibition Centre (BCEC) - Mumbai. Click here to add the dates to your diary.

OFI India 2016 attracted over 600 attendees and OFI India 2017 promises to be bigger and better, bringing together business, science and technology all under one roof in India’s commercial and financial capital.


INDIA - THE WORLD'S KEY EDIBLE OIL MARKET

India is a US$2tr economy, with GDP is growing at more than 7% and a population of over 1.2bn people.

It is the world’s largest edible oil importer, with an oil and oilseed turnover of US$25bn and import-export turnover of some US$13bn.

India’s demand for edible oils is some 21M tonnes/year. It meets this with domestic production of some 7-8M tonnes and imports of 14-15M tonnes – some 70% of the country’s requirements – valued at over US$12bn.

The country’s edible oil imports have soared by almost 50% in the last five years, with imports of palm oil growing by 25% and soya oil jumping by 300%.

India’s consumption growth is pegged at 5%/year and the country is expected to be consuming around 34M tonnes of edible oil by 2025, with a projected vegetable oil imports bill of US$25bn.

Increases in the population and lifestyle changes are driving a rise in edible oil consumption, meaning interest is strong in this growing market. 


If you are interested in meeting and networking with your existing and potential partners and business facilitators within this expanding sector then you can’t miss the opportunity to have a presence within this industry-leading exhibition OFI India 2017. Get in touch with our OFI India team to find out more.


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