Godrej Agrovet urges for stronger state-industry partnership to advance oil palm sector at New Delhi forum

At the Indian Vegetable Oil Producers Association conference in New Delhi, Godrej Agrovet’s (GAVL) Oil Palm Plantation business called for a deeper partnership between state governments and the industry to boost the oil palm sector and support farmers.

Sougata Niyogi, CEO of Godrej Agrovet’s Oil Palm Business, emphasized, “Addressing misconceptions about oil palm—from health concerns to environmental impacts—is crucial for industry progress.” He underscored the need for enhanced collaboration to meet the target of 3 million metric tonnes of crude palm oil by 2030, a goal set by the National Mission on Edible Oil – Oil Palm (NMEO-OP).

Recent dietary guidelines from the Indian Council of Medical Research highlight oil palm’s benefits, noting its balanced fats that help lower cholesterol. Niyogi advocated for Viability Gap Funding in state policies to protect farmers from price volatility and ensure their income stability.In Guwahati, the oil palm sector is gaining traction as a sustainable agricultural option. The region’s farmers are showing increasing interest due to oil palm’s high yield and lower land requirements, which promise enhanced economic returns and align with sustainable farming practices.

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