India is positioning itself as a leading supplier of sustainable Non-GMO soybeans in response to the European Union’s stringent Deforestation Regulation, which demands full traceability and zero-deforestation sources.
In fiscal year 2023–24, India produced around 11.3 million metric tons of soybeans, expecting to cater to the rising European demand for traceable, deforestation-free soy. Indian stakeholders are working strategically to leverage this market, highlighting India’s natural fit due to its largely Non-GMO soy cultivation.
The Soybean Processors Association of India (SOPA) is collaborating with TRST01, a sustainability tech firm, to support exporters and farmers meet these requirements. Their initiatives include geo-mapping, digital traceability, and support for producer training, all aimed at reinforcing India’s competitive edge in the global soy market.
(With inputs from agencies.)
Leave a Reply