Adani Wilmar
palm oil

Adani Wilmar


Founded in 1999, Adani Wilmar is a 50/50 joint venture between Adani Enterprises and Wilmar International. It is India's leading processor of crude palm oil. The company is also the largest importer of edible oils into India and one of the country's fastest growing “food manufacturing consumer goods” companies. Its Fortune (India’s largest edible oils brand) and Raag Gold branded cooking oils, as well as Vanaspati and Wilkrim 2000 are widely used across India. The company also produces an extensive selection of oleochemicals which are traded internationally.

RSPO Member : Yes RSPO Member : Yes

Environmental, Social, Governance Rating (SPOTT)

Not listed

Adani Wilmar map

Market cap

Private joint venture



0 (Adani Wilmar does not cultivate oil palm, but parent company Wilmar International has a landbank of more than 330,000 hectares)

Supply chain position


Processor and trader of crude palm oil and palm kernel oil | Refiner | Trader and manufacturer of consumer goods

Refineries / capacity


refineries, 7 using certified palm oil, operate directly under Adani Wilmar (in Haldia - West Bengal, Hazira - Gujarat, Kakinada - Andrha Pradesh, Krishnapatnam - Andhra Pradesh, Mangalore - Karnataka, Mundra - Gujarat, Paradeep - Odisha) and 2 refineries using CPO under KTV subsidiary (both in Tamil Nadu)

NDPE Policy


No Deforestation, No peat, No exploitation

Market served


Parent Company

Wilmar International (50%), Adani Group (50%)


KTV Limited


Packaged edible and cooking oils including the Fortune, Raag Gold, Wilkrim 2000 and Fryolya brands. Specialty fats, binding agents and emulsifiers for baking. Vanaspati. Oleochemicals for cosmetics and pharmaceuticals (fractionated fatty acids, distilled fatty acids, glycerine, glycerine (WILFARIN), stearic acid, soap noodles)


China Dialogue
Pioneering sustainable palm oil in India
February 8, 2021
Chain Reaction Research
Leakage Risks in India, 58 Percent of Palm Oil Imports Not Covered by NDPE Policies
November 21, 2018
Indian palm oil consumption driving deforestation in Indonesia, says Greenpeace
June 19, 2012
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