Oilseed Output Seen Growing 49 Per Cent On Good Rains

Mumbai, Sept 21: | Updated: Sep 22 2003, 05:30am hrs
Indias oilseed output is likely to surge 49 per cent in the winter season of 2003 from a year earlier on good monsoon rains and an increase in the area under cultivation, a leading trade body said on Saturday.

Winter oilseed output is likely to rise to 13.1 million tonne from 8.81 million tonne a year ago, Sandeep Bajoria, chairman, the Central Organisation for Oil Industry and Trade, said. The first advance estimates show substantial improvement in winter oilseeds crop output, he said. Excellent monsoon rains and more area under oilseeds cultivation have helped the crop to a large extent, he added.

Reuters