Edible oil companies in India contribute majorly to the country’s economic growth. There are several edible oil companies that manufacture and sell their products all over India. The edible oil industry is flourishing due to India’s ties with other companies, which enable edible oil companies to sell to international markets as well. India has a rich history regarding edible oil production, which can be dated to as early as the late 1800s. India deals in many types of oils, most of which are edible. Most of the oil discovery in India happened in southern India. Although India was the first country in Asia to discover crude oil, most of the overall oil production was for only edible oils.
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Business landscape in India
India is a diverse nation that owes its ever-growing GDP and success in world economics to its diverse population and rich heritage. There are a lot of oil production corporations in India, most of which deal in the production of palm oil, sunflower oil, rice bran oil, mustard oil, etc. The oil sector contributes a huge chunk to India’s fast-paced economy and ensures that it doesn’t go down.
Top edible oil companies in India
Adani Wilmar
Industry: foods
Company type: Limited.
Location: Fortune House, Netaji Rd, near Navrangpura, Muslim Society, Navrangpura, Ahmedabad- 380009
Established in: 1999
Adani Wilmar owns Fortune oil, which is one of the biggest edible oil companies in India and contributes largely to the edible oil economy in India. The company belongs to the Adani Wilmar group, one of India’s largest group of companies with an annual average turnover of more than 300 billion USD. Fortune Oil specialises in all sorts of plant and seed-based oils and maintains the highest level of quality. The company has a wide group of food products that it sells and is present in more than 30,000 shops across India.
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Agrotech foods
Industry: Foods
Company type: Limited
Location: Agro Tech Foods Ltd. 219-220, 2nd Floor, Swastik Chambers Old CST Road, Chembur, Mumbai- 400 071
Established in: 1986
Agrotech Foods is another giant that specialises in edible oil, specifically sunflower oil. Their oil brand, Sundrop, is a well-known household name. The company specialised in sunflower oil for most of the early 2000s but soon began manufacturing rice bran and other oils. Their different food products include nut butter and spreads.
Patanjali Ayurved
Industry: Consumer products
Company type: Limited
Location: Dhanpura Laksar Road, Haridwar, Uttarakhand- 249 404
Established in: 2006
Patanjali Ayurved is another recent company that has taken the Indian edible oil market by storm. Patanjali is a consumer products brand created by Baba Ramdev in 2006 and has since worked towards supplying unadulterated consumer products that meet the highest quality specifications. Patanjali makes multiple edible oils such as rice bran, sunflower, mustard, palm, etc.
Marico
Industry: Foods
Company type: International
Location: Marico Ltd. 7th floor, Grande Palladium 175, CST Road, Kalina, Santa Cruz (East) Mumbai- 400098
Established in: 1965
Saffola oil is one of the flagship edible oil brands owned by Marico in India. The company strives to deliver better quality food products that can also be affordable. The company produces oils using state-of-the-art technologies. The company’s flagship product is Saffola Gold oil, which is 80% rice bran and 20% imported refined sunflower, which makes for a healthier alternative to just rice bran oil or sunflower oil.
Dhara Oil
Industry: Foods
Company type: Limited
Location: shop.no 4, Jawahar Chowk, opp. TOWER-2, Uttam Nagar, Daxini Society, Maninagar, Ahmedabad- 380008
Established in: 2000
Dhara oil was created by Mother Dairy in 1988 and has been one of the most popular oils in India. The company adheres strictly to quality control and is known for its quality more than anything else. Mother Dairy has since then branched out to make more food products. Some of the most popular edible oil products from Dhara Oil include sunflower oil, palm oil, rice bran oil, etc.
Emami Agrotech
Industry: Oils
Company type: Limited
Location: Emami Tower 687 Anandapur, E.M. Bypass Kolkata- 700 107
Established in: 2002
Emami is another forerunner in the edible oil sector. The company has brought in more than 25 thousand crore rupees in turnover in the past year alone and has been a pioneer in edible oil manufacturing ever since. Emami oil’s main products include palm oil, sunflower oil, rice bran oil, etc. and are manufactured to the highest possible level of quality.
Gulab Oil
Industry: Foods
Company type: Limited
Location: Teliya, 2, Nutan Mill Rd, beside Gujarat Transport, nr. Prem Darwaja Road, Kalupur, Ahmedabad- 380002
Established in: 1966
Gulab Oil is another company that puts forth Indian consumers and offers products that cater to all of them. Gulab oils have been popular in the west cluster of India and are more prominent in states like Gujarat and Maharashtra. Some of the company’s products include sunflower oil, rice bran oil, groundnut oil, etc., all of which cater to the highest quality specifications and are made to satisfy the Indian consumer.
Dalda Oil
Industry: Foods
Company type: Private Limited
Location: Bunge India Pvt Ltd, 601 C & 601 D, The Capital 6th Floor, C-70, G Block Bandra Kurla Complex, Bandra (East), Mumbai- 400 051.
Established in: 1937
Dalda Oil is an oil company popular in the southern part of the country and ensures its consumers get the best quality produce possible. The company conducts regular and stringent quality checks and ensures its products pass them with acceptable results. Their most popular products include mustard oil, groundnut oil, sunflower oil, and rice bran oil.
Hathi Brand
Industry: Foods
Company type: Limited
Location: B P Oil Mills Limited, 12/17B Nagla Balchand, Nunhai Road, Agra- 282006
Established in: 1912
Hathi Edible Oil is India’s leading and oldest edible oil company in India. With over 100 years of expertise, the brand has been making and pioneering mustard oil for most of its history and has branched out to more mustard oil products like oil cakes. The company believes in catering to the Indian consumer with the highest quality organic produce.
Cargill India
Industry: Consumer goods
Company type: Private Limited
Location: Gurgaon, India
Established in: 1987
Cargill India is a multinational company that specialises in processed foods, consumer products and oils. The company is one of the largest producers of edible oils.
BCL Industries
BCL Industries is another consumer goods giant that specialises in all sorts of food products from edible oils to processed fats. The company focuses on providing the best quality products to all consumers and also provides B2B services as well. It is heavily invested in research and development of various products as well.
Impact of edible oil companies in India
Edible oil companies have been a massive contributor to India’s growing GDP. This is mainly due to the presence of some of the oldest parent companies such as Adani Wilmar and Reliance, which were company groups pivoting the development of India constantly with innovations and brands that held up to international standards and pioneered some of the world’s most prestigious products both in and out of the edible oil segment. Many brands in the oil field have helped promote the Indian taste across the world in a way that contributes to the export economy of India.
Commercial and real estate demand in India
Office spaces: The commercial real estate industry in India has seen an increase in demand and supply due to the swift growth of the edible oil sector in India. The edible oil industry in India is one of the oldest industries and since its emergence has led to the urbanisation in many parts of India.
Rental properties: Since the emergence of the edible oil industry in India, many parts of the country has witnessed and been part of reformation and urbanisation. This is largely due to the real estate demand that comes along with the establishment of any oil industry in any place.
Impact of edible oil companies in India
Edible oil is one of India’s largest and most profitable sectors, given the opportunities companies from other countries offer for the edible oil that is found in India. This has helped increase the employment rate by a considerable number, as well as the quality of life. Most remote places have also seen the development of services like solar power, water pumps, and an overall better quality of life due to the establishment of edible oil companies in India.
There are tier 2 and 3 cities that are developing faster than anticipated, which means these cities will soon turn into tier 1 cities and significantly contribute to the country’s growth. Moreover, any of these cities could be the next hotspot for any oil company.
FAQs
Which is the oldest edible oil company in India?
Adani Wilmar is one of the oldest edible oil companies in India.
Which part of India was groundnut and coconut oil discovered in?
The southern part of India discovered coconut and groundnut oils.
How many total edible oil Companies are in India?
More than 15 edible oil companies in India cater to national and international clients worldwide.
Who created Patanjali?
Baba Ramdev and Balkrishna were the founders of Patanjali Foods and founded it in 2006.
Which is the most popular edible oil brand in India?
Saffola oil and fortune oil are two of India's most popular edible oil companies.
Which is the healthiest edible oil?
Rice bran oil and olive oil are among the healthiest edible oils.
Which is the most popular edible oil in India?
Sunflower oil is the most consumed edible oil in India.
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