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.
Trump election would be ‘disastrous’ for US soyabean exports
The possible election of Donald Trump as US president in the country's November presidential elections is likely to result in a trade war between the USA and China and Mexico, which would be a disaster for US exports of soyabeans, Dorab Mistry, director of Godrej International, told the Globoil conference on 22-23 September.
World palm oil supplies to fall
Total global palm oil supplies are set to fall 2.5M tonnes for October-December 2016 compared with the same period a year ago, Thomas Mieke, Editor-in-Chief of Oil World predicted at the Globoil conference in India on 22-23 September.
Monsanto withdraws GM cotton seed application in India
(Monday 5 September 2016) Number one global seed supplier Monsanto Co has withdrawn an application for approval of its next generation of GM cotton seed in India, in a continuing row with the government over royalties and technology sharing, Reuters reported on 25 August.
India proposal to allow vegetable fats in chocolates
(Monday 29 August 2016) The Food Safety and Standards Authority of India (FSSAI) has proposed allowing vegetable fats in chocolate in a move that could help the market grow at a faster pace.
The FSSAI published draft amendments to the Food Safety and Standards Regulations proposing that chocolate can contain vegetable fats that are not cocoa butter so long as it does not exceed 5% of the finished product, the Indian Express reported on 7 August.