- Import
- 14 April 2018
India Imports of Olive Oil from Spain and Italy in 2017
India largely imports olive oil from Spain, Italy and Turkey. There are about 90 brands that compete with each other. The top three olive oil brands in the domestic market, which together control more than 70% share are Figaro, Borges and Leonardo. In order to safeguard domestic industry of olive oil, the Government of India has raised import duty rates on crude extra virgin olive oil from 12.5% to 30% and on refined olive oil from 20% to 35%.
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