Edible oil import duty hike: Ruchi Soya to restart 3 seed crushing units

Plants were shut years ago after being rendered unviable

Encouraged by the government’s import duty hike, Ruchi Soya Industries has announced reopening of seed crushing at three plants - Washim, Baran and Kota. These plants were closed years ago due to unviability but, the company feels that seed crushing would be viable now.

The progress of the monsoon this year bodes well for the kharif output. With the boost up provided by the increase in import duties on edible oil announced by the government, Ruchi Soya is gearing up to reap the benefit. 

“We will re-commence operations at three of our plants which were lying idle. The last few years had