Archive · 25 Jul 2025
IVPA and IPOA Sign Agreement to Boost Palm Oil Sector
The Indian Vegetable Oil Producers’ Association (IVPA) and the Indonesian Palm Oil Association (IPOA) have agreed to work together.
They signed a deal to make palm oil production better for the environment and more efficient.
They will share research, teach each other new technologies, and find the best ways to produce palm oil.
They also plan to promote sustainable palm oil, track its origins, and involve small farmers.
The groups will also work together to solve supply problems and share information about trade.
This agreement is meant to help India get enough affordable cooking oil.
IVPA and IPOA signed a memorandum of understanding (MoU) to boost productivity, sustainability, and policy alignment in the palm oil sector.
The MoU focuses on joint research, technology transfer, and best-practice sharing to boost productivity.
The agreement aims to promote certified sustainable palm oil, strengthen traceability, and include smallholder farmers.
The agreement also emphasizes collaborative planning to mitigate supply chain risks.
The MoU formalizes the long-standing relationship, aiming to ensure stable trade flows and secure affordable edible oil access for India.
- Who
- The Indian Vegetable Oil Producers’ Association (IVPA) and the Indonesian Palm Oil Association (IPOA)
- What
- IVPA and IPOA signed an agreement to boost productivity, sustainability, and policy alignment in palm oil sector.
- When
- July 25, 2025
- Where
- New Delhi, India
- Why
- To boost productivity, sustainability, and policy alignment in palm oil sector.
- Parties Involved
- IVPA and IPOA
- Agreement Type
- Memorandum of Understanding (MoU)
- Duration
- Three years
- Focus Areas
- Productivity, sustainability, and policy alignment
- Key Initiatives
- Joint research, technology transfer, best-practice sharing
- India's Edible Oil Imports
- Over 60% of demand met through imports
- Indonesia's Exports to India (2024)
- $20.3 billion
- Palm Oil and Derivatives Exports to India (2024)
- $4.4 billion
