The Telangana state government is encouraging oil palm cultivation and providing subsidies to farmers. Panchayat Raj Minister Errabelli Dayakar Rao laid the foundation stone for a palm oil factory in Gopalagiri, Thorruru Mandal, Palakurti Constituency, of Mahabubabad District. The office of the palm oil factory was also inaugurated in Haripirala village. Currently, oil palm is cultivated in 6,535 acres of land in Mahabubabad district.
The Gopalagiri Palm Oil Factory will be built on 82 acres of land and will have a capacity to process 30 to 60 tons of oil per day. The construction of this factory will cost Rs. 175 crore. It will be the largest factory of its kind in the country, with a milling capacity of 60 tonnes of oil per hour.
The establishment of this factory will create employment opportunities for around 300 people. It will also help in expanding the area of palm oil cultivation and be accessible to the farmers.