India’s olive oil imports are expected to rise 20 per cent to 13,500 tonnes this financial year, on the back of rising demand in large conurbations, a top Indian Olive Association official said.
The country had imported 11,106 tonnes of olive oil, 65 per cent of which is sourced from Spain, in 2015-16.
“Imports have been encouraging so far and we are hopeful the total imports during the year would rise by 20 per cent to 13,500 tonnes,” Indian Olive Association spokesman said.