India's edible oil imports dip 3 pc to 159.6 lakh tonnes in 2023-24: SEA

India imported less edible oil in the 2023-24 oil marketing year. The total import was 159.6 lakh tonnes, a 3.09 percent decrease. Higher domestic oilseed production and reduced demand contributed to the decline. Crude palm oil and RBD palmolein imports fell. Soyabean oil imports decreased marginally, while sunflower oil imports rose.