Indian palm-based exports set to double in 3-5 years on strong compliance, says RSPO

Oil (RSPO), in an interview to CNBC-TV18. The European Union Deforestation Regulation (EUDR), which comes into effect from January 2026, mandates traceability and geolocation of commodities like palm oil, coffee, and cocoa. Selvaraj said the palm oil sector is “in a better place” than many other industries when it comes to compliance readiness. “There has been a lot of awareness and work done in the palm oil sector over the years on deforestation,” he noted. Indian companies, especially listed firms, are also increasingly aligned with environmental, social, and governance (ESG) goals. “Many listed companies are reporting under the BRSR regulations. There’s already a lot of awareness about ESG, and many are procuring certified raw materials,” Selvaraj said. Geolocation mapping—a key requirement under EUDR—is already in place across much of India’s palm oil supply chain. “A lot of the farm plots are already mapped, and the mills that work with farmers to process the fruits already ...