Sudhakar Rao Desai has been re-elected as the President of the Indian Vegetable Oil Producers' Association (IVPA) during their 46th annual general meeting.
He is also the Chief Executive Officer of Emami Agrotech Ltd. Desai has a notable track record in the industry, having previously served on the Organising Committee of Globe Oil and as a member of the Product Committee of Commodity Exchanges in India. He has also held the position of Director at the Bombay Commodity Exchange.
Joining him in key leadership roles are Amrendra Mishra, the Managing Director of ADM India, and V.K. Jain, Vice-President of Patanjali Foods, who have been elected as Vice-Presidents of IVPA.
Mishra brings with him over a decade-and-a-half of industry experience and active involvement in various industry committees. On the other hand, Jain boasts an impressive career spanning more than four decades in the oils and oilseed sector.
Desai emphasized IVPA's role as a credible voice within the industry, stressing its commitment to facilitating communication between the industry and the Government.
IVPA has been actively collaborating with government ministries to provide valuable insights for policy formulation aimed at enhancing stakeholder value, fostering economic growth, and ensuring a sustainable supply chain.
Over the past year, IVPA played a pivotal role in facilitating crucial communication between the industry and the Government, especially during challenging times. This included making recommendations regarding price policies for rabi crops and addressing concerns related to edible oil inflation.
IVPA has also expanded its global presence by signing memorandums of understanding with the Malaysian Palm Oil Board and the Palm Oil Refinery Association of Thailand during the IVPA Global Round Table Conference @ 2.0. These agreements are aimed at fostering cooperation in areas of mutual interest, marking an important step in IVPA's efforts to connect with international partners.
In summary, Sudhakar Rao Desai's re-election as President, along with the appointment of experienced leaders as Vice-Presidents, underscores IVPA's commitment to serving as a bridge between the Indian vegetable oil industry and the Government. Their efforts to provide industry insights, address challenges, and foster international collaborations position IVPA as a vital player in the sector.