3F Oil Palm set to expand its operations in North-East India

3F Oil Palm is set to expand its operations in the North-East part of the country under the National Mission on Edible Oils - Oil Palm (NPEO-OP). The company will invest Rs 1,750 Crores in Oil Palm cultivation across Assam and Arunachal Pradesh.

The company is planning to increase its Oil Palm area under cultivation by around 31 times 62,000 hectares in Arunachal Pradesh and Assam in the next 5 years. The company announced that it will commission a processing unit in Arunachal Pradesh and create employment for around 5,000 people in the North-East region.

The company stated it would be increasing its cultivated area in Arunachal Pradesh from the current 2,000 hectares to an additional 30,000 hectares. It would also invest up to Rs 750 Crores and create employment for 3,000 people in the next five years by enhancing the cultivated land. In addition, 3F Oil Palm also plans to commission an Oil Palm Processing unit in the state by the financial year 2022-23. In another state in the North-East, Assam would also attract up to Rs 1,000 Crores from the company through adding 30,000 hectares of cultivated land along with employment for 2,000 people.


The investments will be made in developing an integrated Oil Palm project comprising nursery operations, area expansion, crop maintenance, fresh fruit bunches (FFB) harvesting and collection, Oil Palm processing and refining, power plant, and ancillary farmer services.

The company stated it has expressed interest to operate in Tinsukia, Dibrugarh, Dhemaji, Jorhat, Golaghat. In Arunachal Pradesh the company is operating in Lower Dibang valley and plans to expand in Namsai, Tirap and Changlang.

While sharing details of the company’s growth plan, Sanjay Goenka, Managing Director and CEO of 3F Oil Palm said, “NEOP-OP is a visionary step from the Government of India towards the cause of Atmanirbharta. The policy has encouraged us to expand and propel our growth engines. We are geared up to make strategic investments and expand operations to more states that offer immense potential in Oil Palm cultivation to maintain a leadership position in the Oil Palm industry in the country. The increase in Oil Palm cultivation in the country will assist in bringing down the import load on the economy totalling Rs 70,000 Crores of foreign currency with North-East playing a significant role.”