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INTRODUCTION ABOUT THE OIL The edible oil industry in India is still far bellow as compared to international standards.

India is growing rapidly well in the oil industry but it is still far bellow as compared to international standards. There are lot many players in the edible oil industry like saffola, Maruti and lot many others. India is one of the largest producers of oilseeds in the world and this sector occupies an important position in the agricultural economy and accounting for the estimated production of 24.35 million tonnes of nine cultivated oilseeds during the year 2004-05. India contributes about 7-8% of the world oilseeds production. Export of oilmeals, oilseeds and minor oils has increased from 3.36 million Tones in the financial year 2004-05 to 4.98 (Prov.) million tons in the financial year 2005-06. In terms of value, realization has gone up from Rs. 4613 crores to Rs.5299 crores. India accounted for about 6.4% of world oilmeal export Reference: http://seminarprojects.com/showthread.php?mode=linear&tid=54939#ixzz2VE0XMW1 m