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Indian Edible Oil Demand May Recover in First Quarter Next Year: Analyst Mistry

FILE PHOTO:  A man loads empty containers of edible oil onto a tricycle at a roadside in Kolkata, India, August 27, 2015. REUTERS/Rupak De Chowdhuri/File photo

FILE PHOTO: A man loads empty containers of edible oil onto a tricycle at a roadside in Kolkata, India, August 27, 2015. REUTERS/Rupak De Chowdhuri/File photo

The director of Indian consumer goods company Godrej International Ltd, added that India needed to raise import taxes on edible oils to boost local oilseed output.

  • Reuters
  • Last Updated: June 26, 2020, 1:06 PM IST
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Edible oil demand in the world's biggest consumer India could return to normal levels in the first quarter of 2021, analyst Dorab Mistry said in a webinar on Friday.

The director of Indian consumer goods company Godrej International Ltd, added that India needed to raise import taxes on edible oils to boost local oilseed output.

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