In a letter to Commerce Secretary Rajesh Agrawal, the trade physique mentioned India at the moment holds greater than sufficient shares of soybean meal to satisfy whole home demand for the advertising yr 2025-26 working from October to September.
“Allowing GM Soybean Meal imports at this juncture could have devastating penalties for India's agricultural sector,” the affiliation mentioned within the letter.
The affiliation warned that permitting such imports would severely hurt Indian soybean farmers already grappling with costs beneath the federal government's minimal help worth, and additional depress market charges because of oversupply.
It additionally mentioned the transfer would threaten the viability of India's home soybean processing trade and undermine the federal government's “Aatmanirbhar Bharat” or self-reliant India coverage.
India has constructed a powerful fame as a provider of high-quality non-GMO soybean merchandise, which gives a aggressive benefit in markets the place patrons particularly demand traceable, non-GMO origins, the affiliation mentioned.The processors requested the federal government to exclude GM soybean meal from any bilateral commerce agreements or import allowances, and to guard India's non-GMO soybean cultivation and processing ecosystem.
