Govt Issues Show Cause Notices To Edible Oil Firms For Non-compliance
The department has issued show cause notices to some large edible oil companies for non-submission of mandatory monthly production returns, despite repeated reminders
Companies
Food & Beverage.
FMCG
Govt Tightens Rules On Edible Oil Producers To Boost Transparency
- by BW Retail World Bureau
- August 4, 2025
New VOPPA 2025 Order mandates monthly reporting and stricter registration to curb hoarding and ensure fair prices The Indian government has introduced a new regulatory framework for the edible oil sector, aimed at improving transparency, data reporting, and supply chain oversight. The 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, notified by […]
consumer
Consumer
Economy
Reinstate Standardised Edible Oil Packaging, IVPA Urges Govt
- by BW Retail World Bureau
- April 23, 2025
The industry body states that consumers are faced with a plethora of brands and pack options that look similar but differ in quantity, leading to confusion
National
News
India’s Vegetable Oil Imports Plunge 13% In February, Sparking Price Rise Concerns
- by BW Retail World Bureau
- March 14, 2024
India’s vegetable oil imports witnessed a 13 per cent year-on-year (YoY) decline in February 2024, reaching nearly 9.75 lakh tonne, according to data released by the solvent extractors’ association of India (SEA). This decrease follows a similar trend observed in January 2024. The SEA reported that total vegetable oil imports, which encompass both edible and […]
Brands
Companies
Finance
FMCG
News
Adani Wilmar Profit Drops 18% YoY, Revenue Down 17% In Q3
- by BW Retail World Bureau
- February 1, 2024
Adani group’s FMCG arm Adani Wilmar on Wednesday reported an 18 per cent year-on-year (YoY) dip in its December quarter profit at Rs 200.9 crore as against Rs 246.1 crore in the year-ago quarter. The company had reported a loss of Rs 130.7 crore in the September quarter of FY24. Its revenue decreased by 17 […]
Finance
Government
National
News
India Rises Molasses Tax By 50% Extends Edible Oil Duty Cut
- by BW Retail World Bureau
- January 17, 2024
The Indian government has imposed a 50 per cent export duty on molasses and extended lower import duties on edible oils for another year. Aimed at bolstering domestic ethanol production and ensuring edible oil affordability. This high export tax will apply to molasses, a crucial component in the production of ethanol. According to a notification […]
Companies
Finance
Government
National
News
Edible Oil Stocks Experience Upward Surge, Adani Wilmar And Patanjali Foods Among Top Gainers By 7.5%
- by BW Retail World Bureau
- December 23, 2023
The shares of several edible oil companies such as Adani Wilmar, Patanjali Foods and Kriti Nutrients jumped by up to 7.5 per cent in Friday’s trade, after the Indian government announced that they would allow the import of edible oils at lower tax rates until March 2025. Adani Group’s fast-moving consumer goods (FMCG) firm Adani […]
Brands
Companies
Finance
News
Patanjali Foods’ Edible Oil Revenue Declines On Global Price Downturn
- by BW Retail World Bureau
- November 13, 2023
Patanjali Foods experienced a decline in its revenue from edible oil sales in the July-September quarter, attributed to a decrease in domestic prices influenced by a global price downturn, as per CEO Sanjeev Asthana. Asthana explained that since India heavily relies on edible oil imports, any fluctuations in global prices have a corresponding impact on […]
FMCG
Government
News
Govt Caps Wheat Stock For Traders, Wholesalers At 2,000 Tonne
- by BW Retail World Bureau
- September 16, 2023
The government has reduced the permissible wheat stock for traders, wholesalers and large-scale retailers to 2,000 tonnes from 3,000 tonnes, with immediate effect. The move aims to curb the rise in prices, according to Sanjeev Chopra, Secretary of Food and Public Distribution. However, Processors can maintain the same quantity of stock as earlier. Chopra emphasised […]
National
News
India’s Palm Oil Imports To Jump 26% To Record High In 2022-23
- by BW Retail World Bureau
- September 7, 2023
India’s palm oil imports are set to jump 26 per cent to a record high in the 2022-23 year ending on 31 October, as a recovery in consumption and competitive prices prompt refiners to increase purchases, the country’s top palm oil buyer told Reuters on Wednesday. Higher purchases by the world’s biggest importer of palm […]