Welcome to OFI India 2017
Following on from the positive industry response to the first ever OFI India show on 13-14 April 2016 at the Hyderabad International Convention Centre, Oils & Fats International is delighted to announce that it will be hosting another OFI India in 2017.
OFI India 2017 will be held on 7-8 April 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 featured a business conference, a Smart Short Course technical programme, an oils and fats exhibition and a pre-show tour of the CSIR-IICT (Indian Institute of Chemical Technology) research facilities.
India - the growing hub for Oils & Fats
India is the world’s largest edible oil importer, with a growing population and lifestyle changes driving an increase in edible oil consumption.
With over 1.2bn people, it imports some 15M tonnes of edible oil, against domestic production of 7-8M tonnes.
With annual consumption of some 22M tonnes of edible oils and per capita consumption of around 14-15kg, against a global average of 22.8kg, the Indian market has large potential as well as challenges to face.
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.
Kerala becomes first Indian state to introduce ‘fat tax’
(Thursday 21 July 2016) The southern Indian state of Kerala has become the first in the country to introduce a “fat tax” on burgers, pizzas, doughnuts and tacos in branded restaurants, reports the BBC on 13 July.
According to a national family health survey, Kerala has the second highest number of people suffering from obesity after Punjab.
Hindustan Unilever splits food and refreshments businesses
(Friday 3 June 2016) Consumer products giant Hindustan Unilever (HUL) has split its foods and refreshments business into two separate divisions in India as it faces mounting pressure from established local rivals such as Dabur India, Marico and ITC, Nikkei Asian Review reported on 3 June.
Ruchi palm oil facilities approved
(Wednesday 1 June 2016) India’s Ruchi Soya has been given the go-ahead to set up new facilities including palm fruit and kernel processing units by the Karnataka state government, just-food reported in June.
The processing facilities in Dakshina Kannada will produce edible oil, palm kernel cake and palm kernel oil and solar power.
Ruchi Soya and Adani Wilmar form joint venture in India
(Wednesday 25 May 2016) India’s Ruchi Soya and Adani Wilmar announced on 25 May that they plan to set up a joint venture to tap into the country’s rising food demand and purchasing power.
The joint venture will have the exclusive right to originate, market and distribute finished products from both companies including oilseeds and vegetable oils, derivatives and by-products; soya foods, by-products and all other food products; oleochemicals; biodiesel; grains; and castor oil and derivatives.