Ruchi Soya Industries
https://www.ruchisoya.comAbout
Established through a merger between ‘Mac Oil Palm Limited’ and ‘Palm Tech India Limited’ in 1986 when the two companies consolidated their oil palm cultivation operations in India. It was acquired by Adani Wilmar in 2018, and later taken over by Patanjali Ayurved in 2019. Ruchi Soya remains one of the largest producers and traders of palm oil in India, and operates plantations in Andhra Pradesh, Karnataka, Mizoram, Gujarat, Odisha, Tamil Nadu and Chhattisgar. “Ruchi No 1” is a leading edible oil and vanaspati brand, used in baked and fried goods, and Ruchi Star and Ruchi Gold are widely recognised brands in India.
RSPO Member : No
Market cap
2,502
Million US$Landbank
80,000
hectares (obtained through merger between Mac Oil and Palm Tech, but also has procurement rights for ~2 million hectares of plantation across six Indian States)Supply chain position
Fully Integrated
Grower of oil palm | Processor and trader of crude palm oil and palm kernel oil | Refiner | Trader and manufacturer of consumer goodsRefineries / capacity
13
refineriesNDPE Policy
No
No Deforestation, No peat, No exploitationMarket served
Indian
Parent Company
Patanjali Ayurved
Subsidiaries
Ruchi J-Oil Private Limited, Ruchi Worldwide Limited, Palm Tech India Limited, Suman Agritech Private Limited, Ruchi Ethiopia Holdings Limited, Mrig Trading Private Limited
Products
Edible oils including Ruchi No 1, Ruchi Star and Ruchi Gold. Vanaspati and other specialty baking fats (stabilisers). Biodiesel.
Resources
Leakage Risks in India, 58 Percent of Palm Oil Imports Not Covered by NDPE Policies
November 21, 2018Indian palm oil consumption driving deforestation in Indonesia, says Greenpeace
June 19, 2012Continue reading
