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TelanganaMalaysia's FGV Company keen to establish oil palm processing factory in Sircilla

Malaysia’s FGV Company keen to establish oil palm processing factory in Sircilla

Published: 22nd Sep 2021 5:26 pm

Hyderabad: Municipal Administration Minister KT Rama Rao has emphasised the need for farmers to cultivate alternative and commercial crops in the wake of increased irrigation facilities in the State. He advised farmers to consider taking up oil palm cultivation which was being promoted by the State government to earn remunerative price and make agriculture a profitable profession.

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Representatives of FGV Company, a Malaysia-based firm, at a meeting with the Minister at Pragathi Bhavan on Wednesday, expressed their preparedness to establish an oil palm processing unit in Sircilla. Satyanarayana who led the delegation, said there were ample opportunities for cultivation of oil palm crop in Telangana and stated that through large scale cultivation of oil palm, agriculture will become profitable and also provide employment to thousands of people in palm oil industry. He explained further the company’s plans to establish their unit in Sircilla. He also invited Rama Rao to visit Malaysia which is famous for its oil palm cultivation, to study the company’s oil palm cultivation and processing units.

Responding positively, Rama Rao assured that he would visit Malaysia along with Agriculture Minister S Niranjan Reddy to study the cultivation of oil palm crops in the wake of the State government’s decision to encourage farmers to take up large-scale oil palm cultivation in Siricilla constituency. He also appreciated the company management for coming forward to set up oil palm factories in Siricilla and other places in the State. He requested the company management to establish the oil palm factory along with oil palm seed processing unit and a nursery.

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