Jammu Tawi: In a historic milestone for India's agricultural sector, India's first integrated Oil Palm Processing Unit by 3F Oil Palm, one of India's largest Oil Palm development companies, started its commercial operations today. The factory situated at Roing in lower Dibang Valley in Arunachal Pradesh, carries forward Mission Palm Oil, representing a pivotal step in India's journey towards self-reliance in edible oils, catalyzed by the National Mission on Edible Oils – Oil Palm (NMEO-OP). This integrated Oil Palm project will include a cutting-edge oil palm factory (Palm Oil Processing and Refinery), a zero-discharge effluent plant, a palm waste-based power plant, and additional structures and go-downs for support purposes. This factory marks the first Oil Palm factory in Arunachal Pradesh and India's first Oil Palm Factory under NMEO-OP.The inauguration of the 3F Oil Palm Processing Unit in Arunachal Pradesh, was virtually carried out by Hon'ble Prime Minister Shri Narendra Modi on 9th March 2024. marking the commencement of a transformative journey. Hon'ble Prime Minister laid the foundation stone for various other projects worth over ₹55,000 Crore, reinforcing the government's commitment to the development of the Northeast.Speaking about this inauguration at the Viksit Bharat – Viksit Northeast event in Arunachal Pradesh, Hon'ble Prime Minister Shri Narendra Modi highlighted the government's focus on Mission Palm Oil, with a special focus on Northeast, to not only achieve Atmanirbharta, but also to empower farmers and boost farmer income. He thanked Northeast farmers for their enthusiastic participation and dedication to palm cultivation following the launch of the Palm Mission, which holds a promise for a brighter future.
Talking about the prospects of Palm Oil in India, Mr. Sanjay Goenka, Managing Director & CEO, 3F Oil Palm Pvt Limited., stated, “With the ever-increasing demand for edible oils, palm oil has become an important component to ensure food security of the nation. The commencement of operations of country's first oil palm processing unit by 3F Oil Palm in Arunachal Pradesh is in line with the objective of encouraging domestic oilseeds production. Northeast holds immense potential for palm oil production, and we have already invested ₹100 crores in the region and have planned investments of ₹1100 crores in Assam and Arunachal Pradesh by 2030 creating jobs for 1,700 people. We express gratitude to Prime Minister Narendra Modi for his vision and emphasis on Mission Palm Oil. 3F Oil Palm is proud to play a pivotal role in this transformative journey of India's economic development. We thank the State Government of Arunachal Pradesh for its continued support and ensuring ease of doing business in the state.”
