Vegetable Oil Industry in India : Key Trends and Statistics

Journal Title: JOURNAL OF COMMERCE AND TRADE - Year 2017, Vol 0, Issue 1

Abstract

Vegetable oils are extracted from plants and are composed of triglycerides, a glyceride in which the glycerol is esterified with three fatty acids. Thus, any non-animal oil obtained from the seeds or nuts of vegetable growth like corn soybeans, peanuts, cottonseeds, sunflower seeds, etc. Vegetable fats and oils are both edible and inedible. It can be flavoured by immersing aromatic food stuffs such as fresh herbs, peppers, garlic, and other spices & herbs. The vegetable oils are consumed directly, or used directly as ingredients in food - a role that they share with some animal fats, including butter and ghee. Vegetable oil is much more than a cooking oil, it is a valuable food, too. It provides us with two and half times as much energy as wheat or rice. It is understood that the industry has now taken upon itself a sustained oilseeds research and development acitivity and promote usage of non-traditional oils, soyabean, watermelon seed, Niger oils, mahua oil and rice bran oil. In this regard the effort of ‘Oliseeds Research and Development Institute’ should be commended. This has helped the farmers to procure advanced variety of seeds so as to improve the yields.

Authors and Affiliations

Anamika Bansal, Dr. B. K. Agarwal

Keywords

Related Articles

The Role of Ombudsman Scheme in Redressal of Customer Grievances

The word ombudsman originated in Sweden country in 18th century and it means a representative who protects the rights of another. According to Webster’s dictionary ‘ombudsman’ as a public official appointed to investigat...

Boundary-less-Banking : Bankers Perception on Online-Banking in Meerut District

Online Banking in simple terms means, banking services through website which does not involve any physical exchange of money, but it's all done electronically, from one account to another. There is no need to go to the b...

Assessing the Role of TRIPS Agreement for Inaccessibility and Un-affordability of Essential Medicines in Nigeria

Intellectual property rights (IPRs) protection was not recognised in Nigeria and essential medicines were accessible and affordable to all but reverse is the case with the implementation of TRIPS agreement on IPRs. This...

India’s Foreign Trade With China (A Historical Showcase)

India always had a surplus with the whole world including Europe, which was settled by the inflow of gold into India. But there was a steep decline in trade in the subsequent years since 1800 BC when the Aryans were ravi...

A Study of Attitude of Customer towards Shopping Malls (In Reference to Delhi and NCR)

Retailing is one of the hottest and booming sector which generating more employment after agriculture sector. Basically retailing is a linking pin who make a bridge in between producer and consumer. In this research pape...

Download PDF file
  • EP ID EP245727
  • DOI -
  • Views 89
  • Downloads 0

How To Cite

Anamika Bansal, Dr. B. K. Agarwal (2017). Vegetable Oil Industry in India : Key Trends and Statistics. JOURNAL OF COMMERCE AND TRADE, 0(1), 94-105. https://europub.co.uk/articles/-A-245727