Categories: HeadlinesNewsOdisha

Odisha Signs MoU with Three Major Firms to Boost Oil Palm Cultivation in Four Districts

Bhubaneswar: To enhance edible oil production and drive agro-industrial development in the state, Odisha Deputy Chief Minister and Minister of Agriculture & Farmers’ Empowerment, Kanak Vardhan Singh Deo, on Thursday signed a Memorandum of Understanding (MoU) with three leading oil palm companies to initiate large-scale plantations across four districts.

The agreement, formalized under the National Mission on Edible Oils – Oil Palm (NMEO-OP), will facilitate oil palm cultivation in Angul, Dhenkanal, Jajpur, and Cuttack districts. The Directorate of Horticulture, representing the Government of Odisha, signed the MoU with Patanjali Foods Limited (Cuttack), Tumfala Agro Products Private Limited (Angul), and Liv Palm Resources Private Limited (Dhenkanal and Jajpur).

Speaking at the MoU signing ceremony, Singh Deo welcomed the partnering companies and called the collaboration a major step toward transforming Odisha’s agricultural and industrial landscape. “This initiative will not only increase edible oil production but also bring about a socio-economic shift by creating rural employment and ensuring better market prices for our farmers,” he said.

He further noted that the project is poised to attract substantial private investment, generate agri-based industrial opportunities, and provide long-term benefits to Odisha’s farming communities. “The cultivation of oil palm will empower farmers with a reliable income source while creating a sustainable ecosystem for agro-industrial development,” he added.

Representatives from the partnering companies expressed their commitment to adopting modern agricultural technologies, innovative plantation techniques, and best practices to optimize oil palm production in the region.

The event saw the presence of key officials, including Dr. Arabinda Padhee, Principal Secretary of the Agriculture and Farmers’ Empowerment Department, Shubham Saxena, Director of Agriculture, Nikhil Pawan Kalyan, Director of Horticulture, along with other senior officers of the department.

Bureau The News Hashtag

Recent Posts

Tapan Mohanty Wins All-Around Gold, Odisha Impresses on Day 2 of Gymnastics Nationals

Bhubaneswar: Odisha’s Tapan Mohanty delivered a stellar performance to clinch the All-Around title in the…

13 hours ago

IMD Warns of Thunderstorms, Gusty Winds Across Odisha Till May 3

Bhubaneswar: A spell of unstable weather is set to impact large parts of Odisha, with…

13 hours ago

Uttar Pradesh Tops MAG Junior Team Championship at National Gymnastics Meet in Bhubaneswar

Bhubaneswar: The Men’s Artistic Gymnastics (MAG) Junior Team Championship was successfully held as part of…

1 day ago

Odisha Announces ₹1,423 Crore ‘Kamadhenu Yojana’, Expands Veterinary & Fisheries Infrastructure

Bhubaneswar: Strengthening animal health services and allied sectors, Odisha Chief Minister Mohan Charan Majhi on…

1 day ago

Rath Yatra 2026: Odisha Govt Reviews Preparations, Plans Tighter Crowd Control Measures

Bhubaneswar: With the annual Rath Yatra approaching, the Odisha government has intensified preparations, focusing on…

1 day ago

Odisha Showcases Urban Growth Vision at National Consultation on ₹1 Lakh Crore Urban Challenge Fund

New Delhi: A high-level consultation on the Urban Challenge Fund (UCF), aimed at accelerating India’s…

1 day ago