Demand for soyabean as food and animal feed is rising in India.

If India wants to increase production of soyabean to meet domestic demand, it should allow use of innovative technologies, including genetically modified organism or GMO or allow imports from global market. The existing processing capacity can be utilised by importing oilseed and highlighted that India’s neighbour like Bangladesh is buying from overseas market. India is fifth largest producer of soyabean in the world with production of around 10-12 million tonnes, while the US at the top with 120 million tonnes output.