Comments
Indian Vegetable oil Producers’ Association (IVPA) re-elected Sudhakar Rao Desai, Chief Executive Officer (CEO) of Emami Agrotech Ltd, as President for 2021-22 at its 44th annual general body meeting on Tuesday.
Vipin Gupta, CEO of Louis Dreyfus Commodities India Pvt Ltd, was re-elected as Vice-President. Hemant Bansal, Vice-President of Ruchi Soya Industries Ltd, was appointed as Vice-President.
Why India is not self-sufficient in oilseed production
Desai said at the meeting that IVPA has emerged as the credible voice of the industry and works seamlessly with the ministries concerned and regulatory bodies.
Becoming ‘Atmanirbhar’ in edible oils
He said IVPA has been pressing for slab duty structure for transparency, ending speculation and infusing stability in the market. It opposed duty-free imports of refined oils as it hurt domestic industry and farmers.
IVPA will continue to work with ministries, regulatory bodies, trade bodies and associations to safeguard the domestic vegetable oil industry, and enable members to make informed decisions for future growth, Desai said.
He added that the objective was to revamp the sector across the value chain to balance the interests of all stakeholders, including consumers.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.