Area
India
Commodity Group
Oilseeds, oils and meals
Commodity
Oil palm
Date
01/06/2020
Policy Category
Production
Policy Instrument
Sector development measures
Description
Promoted the development of the oil palm industry in Telangana state, seeking Malaysias expert assistance regarding the transfer of relevant technologies in oil palm cultivation and palm oil processing.
Notes
INDIA sector development measures (oil palm): Indias Telangana State sought Malaysias expert assistance in the development of the states oil palm industry. Reportedly, the two parties agreed to work together in the transfer of relevant technologies in oil palm cultivation and palm oil processing. While Malaysia is eyeing an expansion in its exports, Telanganas Government envisages a rise in local oil palm cultivation from the current 20 000 hectares to 690 000 hectares, inter alia by offering subsidies and other incentives to growers.