Mumbai, April 21 -- India needs to diversify markets for oilmeal exports, according to a latest update from the Solvent Extractor's Association in India (SEA). SEA has noted that during 2024-25, India exported around 4.5 million tonnes of oil meals valued at over INR 12,000 crore (USD 1.35 billion), with nearly 65% going to the Far East, and the Middle East and Europe accounting for about 20% and 15%, respectively. Recent geopolitical developments in the Gulf region have disrupted exports to the Middle East and Europe due to higher freight costs and shipping challenges. To mitigate this, there is a need to strengthen efforts in existing and alternative markets. In this regard, SEA plans to organize a trade delegation of 10-12 leading export...