AreaIndia
Commodity GroupOilseeds, oils and meals
CommodityOil palm
Date01/06/2020
Policy CategoryProduction
Policy InstrumentSector development measures
DescriptionPromoted 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.
NotesINDIA 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.