Consumers to pay more for cooking oil


On the rise: A vendor prepares food on his pushcart in New Delhi. Cooking oil onsumption is expected to climb in India by as much as 17% over the next four years. — AFP

NEW DELHI: Indians will probably buy expensive cooking oil from overseas for at least another 15 years, as demand continues to far outpace domestic production.

Consumption is expected to climb in India by as much as 17% over the next four years, according to B.V. Mehta, executive director of the Solvent Extractors’ Association.

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