New Delhi, July 25, 2025: The Indian Vegetable Oil Producersโ Association (IVPA), marking its Golden Jubilee year, concluded its flagship event Global Roundtable 4.0 on July 24โ25 in New Delhi. The two-day summit, themed โNavigating Tectonic Global Shifts,โ convened all stakeholders including global industry experts, policymakers, academics, and senior leadership from the vegetable oil value chain.
At the culmination of deliberations, IVPA reinforced two pressing policy priorities that directly affect Indiaโs farmers, consumers, and industry viability:
- Duty-Free Imports via Nepal continue to be a problem for the local industry due to zero duty imports of refined oils.
The Association highlighted that Nepal continues to flood Indian markets in north and northeast eastern parts of India. This not only undercuts domestic processors and refiners but also suppresses farmgate prices for oilseeds and contributes to underutilisation of processing capacities. IVPA called for immediate policy review and enforcement mechanisms. One of the potential solutions could be to canalise such zero duty imports through Government Agencies like Nafed and potentially other state agencies.
- Reinstatement of Standardised Pack Sizes for Edible Oils:
IVPA urged the government to reintroduce standard packs for edible oils. This move is required to remove potential confusion regarding the prices in the context of plethora of pack options in the markets.
In a special message commemorating IVPAโs five-decade journey, Honโble Prime Minister Shri Narendra Modi lauded the Associationโs role and contribution towards strengthening this sector. IVPA has evolved into a leading voice in policy advocacy, championing sustainability, nurturing innovation and advancing the vision of self-reliance in the edible oil and oilseeds sector.
The Roundtable sessions spanned key themes such as global supply disruptions, food security, sustainable sourcing, and Indiaโs roadmap toward self-reliance and value addition in the oils and oilseeds economy. Expert panels engaged in forward-looking discussions on global trade shifts, climate imperatives, and policy frameworks that will define the sectorโs next decade.
Conclusions from the Roundtable
Palm remains consolidated around this price and discount to soya likely to remain so. Indian mustard price rally should cool off with the Governmentโs intent to release some stocks.ย Globally sunflower oil prices might ease as the new crop in Black Sea region, likely to bounce back to normalcy.ย Given the increasing global mandates for bio fuels, itโs imperative that, India should continue the pursuit of higher domestic production at the incentivised minimum support price for oilseeds.
The event was steered by IVPA President Mr. Sudhakar Desai, with strategic leadership from Vice Presidents Mr. V.K. Jain, Mr. Amrendra Mishra, Ms. Bhavna Shah, Mr. Dhritiman Biswas, and Secretary General Mr. S.P. Kamrah.
IVPA remains committed to fostering resilient supply chains, informed policy dialogue, and inclusive growth in Indiaโs edible oil sector.
