- In 2022, Shree Ram Proteins Ltd announced a strategic diversification plan with the construction of a new oil refinery. The company is set to launch edible refined oils, including Rape Seed Oil, Groundnut Oil, and Cottonseed Oil, using a state-of-the-art refining plant by January 2023. This move signifies Shree Ram Proteins' expansion into the domestic market and an enhanced product portfolio, displaying its commitment to business growth
- In 2021, Cargill bolstered its presence in Southern India by acquiring an edible oil refinery in Nellore, Andhra Pradesh. This strategic move aimed to strengthen Cargill's existing supply chain in the region, reflecting the company's commitment to expanding its footprint and optimizing its operations in the dynamic edible oil market
