In 2010 Olive oil used to cost around Rs.400-900 per litre in India, even after huge import duty cut (reducing to 7.5% from 45%), a price much higher than most of the cooking media currently used in India. in spite of that olive oil business houses want warrant protection from cheaper imports .
Indian olive oil market is under growing stage and acting like highly saturated. Adulterated and even fake olive oil is widespread and rampant. Can we be sure of getting what we’re paying for?