Shifting palm oil into ‘restricted list’ from ‘free list’ was commercial decision: India2 min read . Updated: 09 Jan 2020, 10:01 PM IST
- India, the world's largest importer of vegetable oils, buys nearly 15 million tonnes annually
- Of this, palm oil comprises 9 million tonnes and the rest 6 million tonnes of soybean and sunflower oil
NEW DELHI : India on Thursday said it had not put any ban on the import of palm oil a day after the government imposed restrictions on imports of refined palm oil seen as a move to discourage imports from Malaysia but one that will impact India’s imports from Nepal and Indonesia as well.
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