SOPA is organising an International Soy Conclave on 7th and 8th October, 2017 at the Brilliant Convention Centre,Vijay Nagar, Indore. The theme of the conclave is “Creating Sustainable Soy Business”.
Soybean is the largest grown oilseed crop in the world and also in India. It plays a major role in the Indian oilseed economy. In India, about 50 lakh farmers are involved in soybean cultivation, producing over 11 million tons of soybean. More than 100 solvent extraction plants are engaged in soy processing and the sector accounts for an annual turnover of over Rs. 50000 crores (US$ 7.7 billion) which includes exports worth Rs. 15000 crores (US$ 2.3 billion).
The SOPA website mentioned the main objective of the conclave is to look at the crop numbers, supply and demand situation, global oilseed scenario, price outlook etc. and chart out the future course of action for the trade and industry. The conclave would also provide an excellent opportunity for networking and developing business relations with the participants from all over the world.
The event will be attended by a number of senior officials, both from Central and State Government and other policy making bodies. Over 400 delegates from India and abroad including representatives from soy processing, poultry and feed industry, scientists, technologists, farmers and experts in commodity business will participate in the conclave.
On the eve of the conclave on 7th October, 2017, a buyer-seller meet will be held. The conclave would also witness the prospective suppliers of soybean meal and also interact with the soy industry in India.