What does OPIL mean in COMPANIES & FIRMS
Oil Palm India Limited (OPIL) is an Indian agro-based industry which produces oil palm kernel, palm olein, leaf lard, crude and refined palm oil products. OPIL is committed to providing the highest quality of vegetable oils and fats for the global market. The company conforms to Environment Management System (EMS), Labour Laws Rules and Regulations of India as per ISO 14001:2004 standards. OPIL also follows Good Manufacturing Practices (GMP) in its processes.
OPIL meaning in Companies & Firms in Business
OPIL mostly used in an acronym Companies & Firms in Category Business that means Oil Palm India Ltd
Shorthand: OPIL,
Full Form: Oil Palm India Ltd
For more information of "Oil Palm India Ltd", see the section below.
OPIL Full Form
Oil Palm India Limited (OPIL) is a limited liability company incorporated under the Indian Companies Act 1956. It has a joint venture with Koperasi Pemasaran Usaha Kerajaan Polling Berhad, Malaysia and Lam Soon Edible Oils Sdn Bhd, Singapore for manufacturing edible oil and related products from oil palm cultivation in India. It is listed on both Bombay Stock Exchange and National Stock Exchange of India Ltd.
What Does OPIL Stand For? OPIL stands for Oil Palm India Limited which is involved in the production of edible oil products from oil palm cultivation in India. It has established itself as a leader in its sector through its commitment to producing high-quality vegetable oils while following Environment Management System (EMS), Labour Laws Rules & Regulations of India as per ISO 14001
2004 standards and Good Manufacturing Practices (GMP).
Essential Questions and Answers on Oil Palm India Ltd in "BUSINESS»FIRMS"
What is Oil Palm India Ltd.?
Oil Palm India Ltd. (OPIL) is a state-owned company that is engaged in palm oil cultivation and processing, catering to the domestic and international markets. It also has interests in managing projects related to oil palm cultivation, research and training, plantations, processing units and other related infrastructure.
How long has Oil Palm India Ltd been in operation?
OPIL was established in 1982 as a joint venture between Kerala State Industrial Development Corporation (KSIDC), the Government of Kerala and the Federal Land Development Authority (FELDA). Since its inception, it has grown into one of India's leading producers of oil palm products.
How does OPIL ensure quality of its products?
OPIL follows stringent quality control measures throughout the production process. From plantation to processing unit, all stages are carefully monitored through audits and laboratory testings to ensure that strict standards are maintained consistently over time.
How does OPIL contribute to environmental sustainability?
OPIL is devoted towards promoting sustainable agricultural practices which not only benefit farmers but also help protect the environment. The company works closely with governmental & non-governmental organizations such as Global Greengrants Fund (GGF) for advocating sustainable farm practices across its supply chain network.
Does Oil Palm India Ltd partner with any external organizations?
Yes, OPIL regularly partners with various external organizations such as local bodies like Panchayat Samiti’s and Zila Parishad’s along with government departments like Department of Agriculture or Ministry of Environment & Forests for developing co-operative farms in agriculture-dependent states like Assam or Odisha.
Final Words:
In conclusion, Oil Palm India Limited (OPIL) is an agro-industry based out of India that produces high-quality vegetable oils while adhering to environmental management systems and labour laws rules & regulations. Its full form is Oil Palm India Limited while it stands for its commitment to deliver top-of-the line edible oil products from oil palm cultivation for the global marketplace.