Palm oil is the most widely consumed vegetable oil in the world and one of the most productive oilseeds in terms of output per unit of land, making it an economically lucrative industry in both producer (namely Indonesia and Malaysia) and consumer countries. India being the largest importer of Palm Oil in the world is an important market driver and influencer. Through I-SPOC our endeavour is to work with businesses and other ecosystem players to promote sustainable palm oil production and consumption through collective action on awareness generation, value chain capacity building, good practices & knowledge exchange, and policy recommendations and action.
The overall goal of the forum is to promote sustainable consumption and trade of palm oil and its derivatives in India along the supply chain, through industry collaboration.
I-SPOC membership enables stakeholders working in the Palm Oil sector to transit towards sustainable practices in production, consumption and trade of palm oil and its derivatives along the palm oil value chain.