The Malaysian Palm Oil Council (MPOC) and the Indian Vegetable Oil Producers’ Association (IVPA) have signed a memorandum of understanding (MoU) to expand their cooperation in promoting the usage of palm oil. The MoU is anticipated to increase collaboration in areas of shared interest and to advance the production and consumption of palm oil from Malaysia and palm oil with the MSPO certification. Through cooperative actions and assistance for product and market development, it would advance the interests of producers, processors, users, and consumers.
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The Indian Vegetable Oil Producers’ Association (IVPA), an organisation that represents all parties involved in the edible oil value chain, was established in 1977 and formally incorporated as a non-profit organisation under Section 25 of the Companies Act, 1956, in 1979. The mission of IVPA is to promote excellence, economic growth, and sustainability in India’s edible oil and oilseed value chain. The mission of IVPA is to represent the Indian Oils & Oilseeds Industry Players with Credible Voice. IVPA promotes and offers input for policies that boost economic growth in the nation and raise the value of stakeholders through ongoing investment and innovation, while also maintaining the sustainability of supply chains to deliver safe and healthy goods to the expanding population.
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