India’s middle-class growth fuels Malaysia palm oil exports


Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

NEW DELHI: Malaysia’s palm oil exports to India will continue to rise in line with India’s middle-class consumer growth, Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani says.

Last year, exports of palm oil and palm oil products from Malaysia to India totalled 3.3 million tonnes, valued at nearly US$3bil, or 13% of Malaysia’s total palm oil exports, Johari said.

“Moving forward, I would like to reaffirm Malaysia’s commitment to being India’s trusted source of high-quality palm oil,” Johari said in a keynote speech at a conference organised by the Indian Vegetable Oil Producers’ Association here yesterday,“

"We are dedicated to supporting India’s food security needs and fostering a stable, enduring partnership that meets the evolving demands of this important market,” he said. — Bernama

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

AI to drive Asean+3 growth, 2026 forecast revised higher to 4.1% - AMRO
SkyWorld launches first overseas sales gallery in Ho Chi Minh City
Shein's Hong Kong IPO filing sidesteps Xinjiang cotton controversy
China's industrial profit growth moderates as exports cushion uneven recovery
Local retailers return to net buying with RM223.1mil inflow- MBSB IB
Ringgit opens higher vs US$ ahead of state poll
Indonesia central bank governor Perry Warjiyo steps down in surprise move
FBM KLCI picks up as oil prices subside on Gulf lull
How Singapore's unique monetary policy works
Shares, bonds bounce as oil skid offers inflation relief

Others Also Read