Domestic edible-oil consumption is projected to grow by an average of 6%-7% over the next five years because of rising population and rapid economic growth.
"This translates to roughly 7,00,000 to 8,00,000 tonnes of additional demand every year and by 2012,
India's total vegetable oil consumption demand is tipped to rise to 15-16-million tonnes as against the current demand of 11-million tonnes,"
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