Ruchi Soya Industries Ltd., India’s leading Agri and Food FMCG company recently signed a memorandum of understanding (MOU) with the Government of Arunachal Pradesh to boost palm oil production through development of quality palm plantations and human capacity building.
Under the MOU, Ruchi Soya will promote and encourage development of oil palm in 25,000 hectares in zone IV comprising of 4 districts of the state (West Siang, East Kamang, Lower Subansri and Papumpare). The MoU was signed between Mr Talem Tapok, IAS, Agriculture Secretary representing the Government of Arunachal Pradesh along with Director (Agri-Marketing) and Mr Poola Mallesham, Corporate Head (Oil Palm Division) of Ruchi Soya Industries.
With this agreement, Ruchi Soya Industries now has obtained permission for oil palm development in 45,000 hectares, covering 5 districts in the state of Arunachal Pradesh. (Through an MOU signed last year, the company obtained access of 20,000 hectares in Zone III - East Siang District)