Andhra Pradesh Agricultural Minister, Shri Kakani Govardhan Reddy, Launches 3F Oil Palm’s New Hybrid Varieties of Saplings; Initiates Oil Palm Planting Season in AP for the year 2022-23

·  The first of its kind, new varieties have been released, with the goal of providing farmers with maximum yields while requiring the least amount of maintenance. They will be made available to farmers for the planting season of 2022–2023

Andhra Pradesh, August 3rd, 2022: 3F Oil Palm Pvt. Ltd., a leading oil palm company in India, today announced the launch of various unique high-yielding varieties, some of which are the first of their kind in India.

Smt.Taneti Vanita – Hon’ble Home Minister of AP; Dr. K. Madhavi Latha IAS, Collector and District magistrate of East Godavari district; Shri Kotagiri Sridhar-MP Eluru; Shri Margani Bharat–MP Rajahmundry; Shri Talari Venkatrao–Gopalapuram MLA; Dr. Ravi Kumar Mathur, ICAR-Indian Institute of Oil Palm Research; AP Oil Fed MD-Mr. Chavala Babu Rao; Dr. S Sreedhar, DOH AP graced the occasion.

Among the releases, CALIX Q6 (SIME DARBY, Malaysia) is the first genetically tested seed produced in the Oil Palm market by the company Sime Darby in Malaysia. The farmers are expected to immensely benefit from this variety for the following reasons: commencement of yielding 24 months after planting, reduction of maintenance costs; significantly higher FFB yields, enhancement of the commercial age of the garden to 30 years, and ease of harvesting due to slow and medium vertical growth of plants.

Speaking on the occasion, Mr. Sanjay Goenka, CEO and MD, 3F Oil Palm Limited, said, “We always aim to constantly deploy the best products and services that help with our motto, “Maximising yields for our farmers with minimum maintenance hassles”. Through this initiative, we will be investing about Rs 30 cr and providing 10 lakh plants each year to the farmers of Andhra Pradesh, thereby benefiting about 4000 farming families each year. “The hybrid variants launched will enhance productivity by about 20–30%, thereby helping increase farmer income significantly.”

Shri Kakani Govardhan Reddy, Agricultural Minister of Andhra Pradesh Government, said, “Every farmer wishes that he reaps good yields from what he sows. At present times, oil palm’s value in being yielding cannot be denied. To achieve the fair price to be fixed, whenever this is not the case, the government should intervene and buy the yield to save the farmers from any losses. It has been observed that for every Rs. 2000 crores of yield, Rs. 4000 crores of losses are there. This situation must be overcome. Let alone paddy, when it comes to turmeric, bajra, and maize produce too, for the past few years the government has been intervening and saving the farmers. There is a need to foster R&D in agriculture to help the farmers. Farmers need better income with good quality produce, while agricultural companies must also reap the benefits. It must be a two-way profit. Therefore, experts from all over the world are being invited and consulted. Agriculture can be a volatile business. It is difficult to run a palm oil business. Our CM has standardised the rates. Today, oil palm farmers are becoming self-sustaining because of this.

He also added, “Through agri-companies, farmers can be well employed. Farmers’ welfare is the government’s primary motive. Today we are launching directives and plans with the intention of removing all obstacles for the farmers and bring profits going forward. I am very happy to come here to launch the new variant imported by 3F oil palm. My special thanks to Mr. Sanjay Goenka, 3F Oil Palm MD, for supporting local oil palm farmers and helping strengthen them economically. “

About 3F Oil Palm Pvt. Ltd:

3F Oil Palm Private Limited, is a company engaged in the Oil Palm development programme in India ever since the project commenced in the early 1990s. Due to its continued vision towards this project, they have invested in and are actively carrying out operations in 5 states of India. Their activities include:

 Nursery Establishment

·     We currently operate 10 Oil Palm Nurseries across five states of India.

·     The Sapling product range has been sourced from four different countries.

·    The first three-way cross, drought-resistant, high-yielding varieties are now available.

·      State-of-the-art nurseries with all the necessary infrastructure to produce healthy saplings

·      First of its kind QR code tagged saplings with complete data of traceability

Area Expansion and Crop Maintenance

·     We currently have over 300 trained and experienced agriculture graduates conducting area expansion and extension activities.

·     The workforce also carries out vigorous Crop Maintenance activities to ensure a higher yield for the farmer.

Farmer Services

·     Farm inputs like fertilisers, bio-fertilizers and micronutrients are being supplied to farmers across states via a network of in-house godowns.

·      Harvesting tools and tackles being supplied to farmers are of minimal cost.

·      Harvesting Labour services are being provided to the farmer on a no cost, no profit basis.

FFB Collection and Handling

·     A vast network of FFB collection centres has been established within a 10km radius of farmer gardens across all areas of operations.

Oil Palm Processing Facility

·     4 Oil Palm factories across India with a cumulative capacity to process 75 MT/hour.

·     2 palm waste-based captive power plants.

Oil Palm Refining and Fractionation Facility

·     State of the art Oil Palm Refinery that converts Crude Palm Oil to finished edible oil and other value-added products

·    Own B2C brand that promotes “For the Farmer, By the Farmer.”

Facilities for R & D.

·   In house Soil, leaf, and water analysis facility to ensure proper technical guidance to farmers who need it.

·    In-house development of bio-fertilizers and other organic products

Through all the above activities, 3F Oil Palm remains highly committed to the Oil Palm development project, and they are actively working towards the aim of self-reliance in edible oils in India.

As previously stated, the company’s Nursery Operations has been a pioneer and trendsetter in converting high-quality hybrid variety seed sprouts to healthy, dispatchable saplings for farmers.They have constantly been innovating by entering into several tie-ups with international seed sprout suppliers and R & D houses.

The company has operations in West Godavari, Vizianagaram, Visakhapatnam, and Nellore in Andhra Pradesh (A.P.) with a potential of 63,000 hectares.

In A.P., 3F Oil Palm acquired Simhapuri Agro Products Pvt. Ltd in Nellore in the recent past. It also has operations in Tamil Nadu (5,000 hectares), Orissa (25,000 hectares), Chhattisgarh (20,000 hectares), Mizoram (20,000 hectares), Arunachal Pradesh (20,000 hectares) and Gujarat (20,000 hectares).