AWL Agribusiness
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Wilmar chief urges India to target 60% edible oil self-sufficiency as retail prices spike 20-25%
AWL Agribusiness parent Wilmar International calls for India to cut its 60% edible oil import dependence and aim for 50-60% self-sufficiency. Retail cooking oil prices have jumped 20-25% in four months amid biodiesel diversion and Iran conflict disruptions. Palm oil accounts for 38% of consumption.
ET Retail · 5/26/2026, 5:31:30 AM
Wilmar chief pushes India to 60% edible oil self-sufficiency as retail prices jump 20-25%
AWL Agribusiness parent Wilmar International is calling for India to target 50-60% edible oil self-sufficiency, against current 60% import dependence. Retail cooking oil prices have surged 20-25% in four months on biofuel-driven global scarcity, squeezing Fortune-brand maker AWL and triggering a 10% consumption cut.
ET Small Business · 5/26/2026, 12:41:50 AM