KS Oils

Indian businessman also has major stakes in farmland investors Ruchi Soya, KS Oils and Equitorial Palm Oil.

Ruchi Soya Industries, one of the leading edible oil processors, on Friday announced a major farm land acquisition in Ethiopia for soybean cultivation.

The UPA Government has deprived job opportunities to millions of illiterate and semi-literate Indians by forcing Indian companies to invest abroad in overseas plantations and coal mining sectors.

K S Oils, one of India’s leading integrated edible oil food companies Wednesday announced further acquisition of 53,000 acres of land for palm oil plantations in Indonesia. This brings the company’s land bank in Indonesia to 1,38,000 acres [56,000 ha], the largest owned by any Indian company.

KS Oils acquires additional 14,000 HA land for oil palm plantations in Indonesia, owning a total of 34,000 ha.

The Solvent Extraction Association, currently visiting South America, will come up with a techno-feasibility report on carrying out contract farming by Indian companies either in Argentina, Paraguay or Uruguay.