From humble beginnings in Dhuri to becoming a first-generation entrepreneur, Dr. Sharma's journey is marked by a commitment to innovation, technological advancements, and a relentless pursuit of excellence.
The move comes as the company braces for the publication of disappointing economic data and one year after the line of beverages made its debut in Italy.
"The Indian edible oil Industry, with a size of Rs 3 lakh crore (USD 35 billion), holds significant importance. Over the last 12 years, Indonesia and Malaysia have imposed higher export taxes on Crude Palm Oil (CPO) compared to refined Oil to protect their refining industry. This has made refined oil cheaper, rendering Indian capacity redundant and unutilized," Solvent Extractors Association of India (SEA) President Ajay Jhunjhunwala said.