The Indian oilseeds scenario: An economic perspective

The oilseed sector occupies an important position in India's agricultural economy. India is the fifth largest oilseed producing country in the world (8%) after the USA (29%), Brazil (22%), Argentina (15%) and China (11%). The annual growth rate in area and production is positive and highest for castor, followed by soybean and sesame. The highest share in the area (42%) and production (39%) is of soybean. The increase in income level, as well as imports, has boosted the per capita consumption of edible oils in India. Palm oil accounts for 55% of the total edible oil imports. The export of de-oiled meals is found to be in a greater proportion than that of oilseeds and edible oils.