In a major landmark towards the Agro Industry sector and development of oil palm sector in Arunachal Pradesh, the state Agriculture Minister – Er. Tage Taki today laid the foundation-stone for second ‘Oil Palm Extraction Unit’ at Jia in Lower Dibang Valley District.
This facility will be set-up by the Hyderabad-based oil palm developer – 3F Oil Palm.
The Agriculture Minister was accompanied by the Managing Director of 3F Oil Palm – Sanjay Goenka. Besides, the legislator and advisor to Agriculture Minister – Gabriel D. Wangsu, Dambuk MLA – Gum Tayeng, Roing MLA – Mutchu Mithi.
Addressing the inaugural ceremony, the Agriculture Minister asserted that the project will help the Oil-Palm farmers of the region; thereby helping them to sell their FFB directly to the factory.
Taking to Twitter, the Agriculture Minister – Er. Tage Taki wrote “Gratified to perform the Bhumipujan of 2nd Oil Palm Extraction Unit in the state at Roing to be set up by 3F @ ₹300 crore investment. This will help the Oil Palm farmers of the region as they can sell their FFB directly to the factory. A new beginning under Agriculture.”
Gratified to perform the Bhumipujan of 2nd Oil Palm Extraction Unit in the state at Roing to be set up by 3F @ ₹300 crore investment. This will help the Oil Palm farmers of the region as they can sell their FFB directly to the factory. A new beginning under Agriculture . pic.twitter.com/ikgzxZ70Bt
— Er. Tage Taki (@TakiTage) October 10, 2022
2nd oil palm processing factory of AP is coming up at Jia, L/Dibang Valley dist. Privileged to join HM, Agri Tage Takiji today at foundation stone laying ceremony of 3F Oil Palm's unit. PM Modi's vision for attaining self reliance in edible oil production is firmly taking ground. pic.twitter.com/2AhgCgYfxK
— Gabriel D. WANGSU (@wangsu_d) October 10, 2022
Meanwhile, the Hyderabad-based oil-palm developer – 3F Oil Palm earlier declared of investing Rs 250 crores to set-up an integrated oil palm factory in Arunachal Pradesh. It had acquired 120 acre for the project in February. Approvals and statutory clearances pertaining to the land were obtained.
The project will have a palm oil processing and refinery, an effluent plant, a power plant-based on palm waste and other support functions. The factory will be developed in two phases and the first phase is expected to be commissioned by September next year and generate local employment to over 300 people.
3F has its operations in about 2,000 hectare and works with 500 farmers. It imported hybrid variety seed sprout. It has a fertilizer distribution license for timely supply of fertilizers to the farmers.
The factory will be running at low capacity utilization as the plantations are at a nascent stage. The effort is to build farmer confidence, said Sanjay Goenka, CEO and MD of 3F. It has contract plantations and factories in Andhra Pradesh, Karnataka, Chhattisgarh, and Gujarat.
It has also been reported that expansion target area proposed by the Centre for the next five years in Arunachal Pradesh for oil palm cultivation is 40,000 hectares.
The northeastern state of Arunachal Pradesh is considered of having highest potential among the NE states in terms of having favourable areas for oil palm plantation.
Earlier, during a Business Summit, the Arunachal Pradesh Chief Minister Pema Khandu asserted that geographically, the largest state in NE, the frontier state already has about 1.33 lakh hectares of land feasible for oil palm cultivation as accessed by a central team in 2019.
If reports are to be believed, a total of 28 hectares of land is available across India for palm-oil cultivation. Out of these, 9.62 hectares of land is available in the Northeast alone.
Its worthy to note that the Central Government after assessing the vast potential of Northeast, approved the National Mission on Edible Oils-Oil Palm (NMEO-OP) worth Rs. 11,000 thousand crores, with an intent to transform NE states as oil-palm hub of the nation.