Ludhiana: Dhuri based Ricela Group Chairman Dr AR Sharma was conferred with International Award for Rice Bran Oil Research. Dr Sharma, received the award from Prof Dr Teruo Miyazawa, President of International Association of Rice Bran Oil (IARBO) during 3rd International Conference on Rice Bran Oil (ICRBO 2016) held recently in Tokyo, Japan. The Award is conferred upon individual in recognition of his global contributions to rice bran oil research. Other than Dr Sharma, Dr XueBing Xu, Head of Wilmar Global R&D Centre, Wilmar International, China was also conferred with this Award.
“Our group made the pioneering effort in developing a chemical-free process for the production of Refined Rice Bran Oil”, says Dr Sharma.
Our company did further innovative efforts for development of cooking oil from Rice Bran, which provides optimum dosage of Oryzanol- a cholesterol-lowering antioxidant, within the recommended level of daily oil intake, claims Dr Sharma. The new cooking oil developed by the company has been found to manage cholesterol levels better than even costly Olive Oil in a recent study conducted in the Department of Pharmacology, PGIMER, Chandigarh on 120 adults, adds Dr Sharma. India will be importing about 15 million tones of various kinds of vegetable oils during the current oil year ending October, 2016 valued at over Rs75,000 crores, which is the third largest import bill after Petroleum and Gold.
And at the same time, edible oil produced by Ricela Group based at a small town of Dhuri in Punjab is being exported to over 25 countries across the globe including developed countries like USA, Australia, Spain, Italy, Germany, New Zealand, Britain., thanks to the liberalization of exports by the Central Government.
He further informed that even, Narendra Modi, the Prime Minister of India, while addressing a mega farmers rally at Bargarh at Odisha in February, 2016, advocated setting up of units in each district of Odisha for the production of edible grade Rice Bran Oil.
Modi highlighted that rice bran oil nowadays is believed to be the best edible oil world over.
If any oil is exported in large quantities from India at very high prices, it is Rice Bran oil. Dr Sharma added that he feels proud that his organization is the highest exporter of refined rice bran oil from India and has also bagged an award for this very recently.
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