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India exported a record 48.86 tonnes of oilmeal — used as animal feed — during the 2023-24 financial year on revival of shipments of soyabean meal, industry body SEA said on Thursday. In value terms also, the country’s oilmeal exports were highest at Rs 15,368 crore during 2023-24 fiscal.
The previous record was 43.81 lakh tonnes achieved in 2013-14 fiscal, while in value terms shipments stood at Rs 11,500 crore.
‘This is the highest export of oilmeals since 2013-14 in terms of quantity and value,’ the Solvent Extractors Association of India (SEA) said in a statement.
The overall export of oilmeals during the April-March period of 2023-24 fiscal was highest at 48.86 lakh tonnes, up by 13% from 43.36 lakh tonnes in the previous year.