FGV group chief executive officer Datuk Haris Fadzilah Hassan (pic) said Yangambi ML161 possesses distinct characteristics compared to other varieties as it gives a higher percentage of oil extraction and bunch number with medium-sized bunches, making it one of the most preferred seed types in the palm oil industry
KUALA LUMPUR: FGV Holdings Bhd
(FGV) is expanding its presence in India’s oil palm seed market by targeting to sell another 1.5 million seeds by 2021 following growing market demand for premium oil palm seeds in the country.
The group said to date, FGV has secured sales of one million oil palm seeds to India through the FGV’s Yangambi ML161 brand, the number one oil palm planting material with a 43% market share in Malaysia.
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