a) He is Managing Partner of GG Patel & Nikhil Research Company. A first of its kind research company in India which is working on primary research about agricultural industry and its dynamics. The company has undertaken several projects & provides detailed statistics and information with its core competence in oils & oilseeds market.
b) He is Managing Partner of GGN International, an intermediary which helps Indian importers procure imported oils like CPO, Palmolein, Soybean Oil, Sunflower oil, Rapeseed oil etc.
c) He has spent more than 50 years in the oilseeds Industry, with experience on all aspects of the veg oil Industry. He has experience of running crush plant, solvent plant, and refinery to Vanaspati Industry. He has actively participated in Import of Vegoils & export of oil meals and oilseeds to Europe & South east Asia.
d) Ex - President of The Solvent Extractors’ Association of India, Mumbai (SEA) which is a Premier Association of Oils, Oilseeds and De-oiled Meals industry in India having more than 850 membership.
e) Ex - President of The Central Organization for Oil Industry & Trade, New Delhi (COOIT) – COOIT is an apex body for all the Associations situated in India relating to Edible Oils, Oilseeds and Deoiled Meals.
f) Ex - Vice-Chairman of the Vanaspati Manufacturers’ Association of India, New Delhi.
g) Have presented various Papers at International and National Forums.
h) Leader of various delegations sent broad sponsored by Central Government and various Associations for promotion of Oilseeds, Oils and Deoiled Meals export/import and trade in general from India.
i) Presently Executive Committee Member of SEA and COOIT and also Convener of Crop Estimate Committee of COOIT and SEA.
Soybean is not imported in India due to following reasons :- 1. There is 30% import duty on import of Oilseeds which makes economically unviable. 2. GMO Soybean Seeds is not allowed to be imported in India. Only Non-GMO variety could be imported at 30% import duty. 100% Non-GMO variety is not available in the world market and due to import duty burden, it is not imported. 3. On the contrary, India exports around 300k/400k of Non-GMO Soybean to the world market in the small parcels. 4. Whatever requirement of Soy Meal for domestic market is there it is being satisfied from processing of Local Soybean crop. There is no excess requirement of Soy Meal. On the contrary, India exports Soy Meal.
7 years ago