Oct 27, 2020
Sudhakar Rao Desai, CEO of Emami Agrotech Ltd, has been re-elected and will be repeating his term in the office as the President of Indian Vegetable oil Producers’ Association (IVPA).
Vipin Gupta, CEO of Louis Dreyfus Commodities India Pvt Ltd has been re-elected unopposed as the Vice-President of IVPA.
The election of the office-bearers for the year 2020-2021 was the result of the 43rd annual general body meeting of IVPA, said IVPA release.
With reference to Desai’ citation, the release said, “The team IVPA made the requisite efforts in the imposition of safeguard duty and later in bringing the RBD Palm/Palmolein into the restricted list much to the cheer of the domestic industry in line with the ‘Make in India’ policy”.
“Further, IVPA worked towards suspension of the import licenses and removal of the stock limits in oils. IVPA has taken up strongly the issue of zero duty imports from the SAFTA countries. This has been causing price and margin injury to the domestic industry and indirectly hurting the farming community in the domestic oilseed sector” the release went on.
Speaking in favour of IVPA, the release said that the organization has been well recognized in the policy matters, and will continue to work seamlessly with the Government and its concerned department. It will also work along the lines of other trade bodies and associations to promote, protect and safeguard the interests of the domestic vegetable oil industry within the country.