3F Oil Palm to kick start Arunachal Pradesh investment by investing INR 250 CR to set up one of the largest and first of its kind state-of-the-art integrated Oil Palm Factory in Arunachal Pradesh

  • The groundbreaking ceremony for the factory will happen on 30th September 2022 in the august presence of dignitaries from the Central Government, State Government, farmers, and officials
  • The initiative is in line with the Honorable Prime Minister’s vision of Aatmanirbharta in Edible Oils via the newly announced National Mission on Edible Oils – Oil Palm (NMEO-OP)

INVC NEWS
Hyderabad,

Hyderabad based 3F Oil Palm Pvt. Ltd, a leading oil palm company in India, today announced that it will kick off its investment in the northeast by setting up an integrated Oil Palm factory in Arunachal Pradesh. The factory groundbreaking ceremony will take place on 30th September 2022 at Roing in lower Dibang Valley. The company had already acquired 120 acres of land for the project in the month of February. All necessary approvals and statutory clearances pertaining to the land were also obtained. The integrated Oil palm project will consist of a State-of-the-art Oil palm factory (Palm Oil Processing and Refinery), a Zero discharge effluent plant, a power plant based on palm waste, and other buildings and godowns for support functions. The addition of this factory will supplement the existing company operations that include Nursery, Area Expansion/ Crop Maintenance, FFB Harvesting and Collection and other ancillary farmer services. The factory is set to be developed in 2 phases and phase 1 is expected to be commissioned by September 2023. Phase 1 of the project is expected to generate local employment to over 300 people.

3F Oil Palm Pvt Ltd is a front runner and pioneer in the Oil Palm Development program in Arunachal Pradesh with total Oil Palm Area under planting of around 2,000 hectares spread across a farmer base of 500 Farmers. All the area under Oil Palm is linked to satellite with 100% traceability. The company is the first in the state to import high quality hybrid variety imported seed sprout from selected identified countries, for the benefit of the farmer. The company is also the first to be allotted a fertilizer distribution license for timely and cost effective supply of fertilizers to the farmers. Both of these initiatives are expected to significantly increase farmer yields and promote ease of planting. With all of these firsts and the additional traction created by the Oil Palm Factory, the company is expected to add 5000 Ha per year over the next 5 years.

Sanjay Goenka_MD 3F Oil palm Pvt Ltd
Sanjay Goenka_MD 3F Oil palm Pvt Ltd

Speaking on the occasion, Mr. Sanjay Goenka, CEO and MD, 3F Oil Palm Limited, said, “We are very delighted and excited about our upcoming integrated Oil Palm factory in Arunachal Pradesh. Since the plantations are at a nascent stage, our factory will be running at extremely low capacity utilization. The primary reason for expediting this investment is to build farmer confidence so that they are encouraged to take up Oil Palm cultivation at a large scale. Due to the proactive leadership of the Government of Arunachal Pradesh and the newly formulated NMEO (OP) policy, we believe that the state can be at the forefront of the Honorable Prime Minister’s vision of Aatmanirbharta in Edible Oils.”

3F Oil Palm has a strong presence with contract plantations & factories in Andhra Pradesh, Karnataka, Chhattisgarh, and Gujarat and has a very strong growth plan for the Northeastern region – Arunachal Pradesh and Assam.

About 3F Oil Palm Pvt. Ltd:

3F Oil Palm Private Limited, is a company engaged in the Oil Palm development program in India ever since the project commenced in the early 1990s. Due to its continued vision towards this project, they have invested in and actively carrying out operations in 5 states of India. Their activities include:

  • Nursery Establishment
    • Currently operate 10 Oil Palm Nurseries across five states of India
    • State of the art nurseries with all the necessary infrastructure to produce healthy saplings
    • Sapling product range has been sourced from 4 different countries
    • First of its kind three-way cross, drought-resistant, high-yielding varieties of seed sprout
    • First of its kind QR code tagged saplings with complete traceability
    • 3FOP has been a pioneer and trendsetter in converting High-Quality hybrid variety seed sprout to healthy dispatchable saplings to the farmer. 3FOP has been constantly innovating by entering into several tie-ups with international seed sprout suppliers and R & D houses.
  • Area Expansion and Crop Maintenance
    • Currently have over 300 trained and experienced agriculture graduates conducting area expansion and extension activities.
    • The workforce also carries out vigorous Crop Maintenance activities to ensure higher yield to the farmer.
  • Farmer Services
    • Farm inputs like fertilisers, bio-fertilizers and micronutrients are being supplied to farmers across states via a network of in-house godowns.
    • Harvesting tools and tackles being supplied to farmers at minimal cost
    • Harvesting Labour services are being provided to the farmer on no cost, no profit basis
  • FFB Collection and Handling
    • A vast network of FFB collection centres established within a 10km radius of farmer gardens across all areas of operations
  • Oil Palm Processing Facility
    • 4 Oil Palm factories across India with a cumulative capacity to process 75MT/hour
    • 2 Palm Waste Based Captive Power Plants
  • Palm Oil Refining and Fractionation Facility
    • State of the art Palm Oil Refinery that converts Crude Palm Oil to finished edible oil and other value-added products
    • Own B2C brand that promotes “For the Farmer, By the Farmer”
  • R and D facilities
    • In house Soil, leaf and water analysis facility to ensure proper technical guidance to farmers.
    • In-house development of bio-fertilizers and other organic products

Through all the above activities, 3F Oil Palm remains highly committed to the Oil Palm development project, and are actively working towards self-reliance in edible oils in India.

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