Palm oil has a large share of consumption, mostly imported-Crisil Research
Consumption of major edible oils1 in India stood at 22 million tonne (MT) in oil year (OY) 2016-17, i.e. November 2016 to October 2017, and was valued at ~Rs 1.4 lakh crore. Domestic production met only 30% of that demand; the rest was imported.
