AWL Boosts Imported Edible Oil Stocks Amid Ongoing Supply Disruptions

AWL Agri Business, India's market leader in edible oil production and manufacturer of Fortune cooking oil, has increased its inventory cover for imported edible oils to 40-45 days from its usual 30-35 days. This strategic move comes amid ongoing supply chain disruptions due to wars in the Middle East and between Russia and Ukraine.

The CEO and Managing Director of AWL Agri Business, Shrikant Kanhere, attributed this decision to the unpredictable nature of global events. 'Keeping in mind all this disruption, because we are living today in a very dynamic world and you don't know what's going to happen tomorrow, we have, to some extent, improved or increased the holding days,' he said.

This step is seen as a proactive measure by Deven Choksey, managing director of DRChoksey FinServ. 'Supply chain volatility is becoming a medium-term baseline (and disruptions are) no longer viewed as short-term blips,' he noted.