Cargill Expands Edible Oil Footprint in Southern India With $35M Investment
Cargill is investing $35 million to significantly expand its edible oil capacity and presence in Southern India through the acquisition and upgrading of a refinery in Nellore, Andhra Pradesh. Cargill has operated its edible oil business in India since 2001, and has already built up a strong presence in the Western, Northern, and Eastern regions of the country.
The project continues Cargill’s work over recent years to expand its edible oils business in India, and aligns with the company’s “localized market approach” for Asia.
This facility, located at Krishnapatnam Port, will be online next May and supply refined palm oil, palm olein, vanaspati (hydrogenated vegetable oil), and sunflower oil in a region that accounts for two-thirds of India’s sunflower oil consumption.
The plant also will allow for Cargill to produce and package its own branded products for retail, bakery, and foodservice customers.
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