The project anticipates a 30% increase in productivity and income for smallholder farmers, directly supporting India’s National Mission on Edible Oils – Oilseeds (NMEO-OS).
The growth outlook is anchored in strong monsoon performance, GST rationalization, and increased appetite for premium food products.
By investing in productivity, sustainability, and inclusive growth, Côte d’Ivoire aims to reclaim its leadership in the West African palm oil market.
The association, which represents India’s edible oil refining industry, highlighted that the country’s vegetable oil imports; primarily palm and soybean oils, have stabilized and are beginning to ease.
Demand for protein-rich feed is rising with Malawi’s growing poultry and aquaculture industries, while edible oils offer an import-substitution opportunity.