This decline in revenue reflects a broader slowdown in consumer demand and possibly increased competition in Egypt’s food processing sector.
This approach is expected to benefit soybean farmers, with an estimated payout of ₹800 (US$9.02) per quintal.
Telangana contributed 12,005 hectares to the increase in cultivation, while Andhra Pradesh added 13,286 hectares.
The expansion is scheduled to begin in the fourth quarter of 2025 and is expected to be completed by the end of 2027.
With this launch, Fortune reinforces its position as a leader in the edible oil segment and a champion of regional flavors.