Tefla’s has been one of India’s distinctive players within the gambit of conferences, exhibitions and awards. Having catered to niche industry segments through an array of focused initiatives, Tefla’s has played a pivotal role in expanding the knowledge sphere and networking landscape for the national as well as international industrial congregation.
ES. Referring to your extensive experience in the industry, could you highlight some of the major accomplishments or milestones you’ve achieved throughout your career? How have these achievements shaped your approach to leadership and contributed to your overall success?
Kailash Singh. Over the years, my journey in the industry has been marked by several significant milestones, each contributing to a deeper understanding of leadership and business strategy. One of my most notable accomplishments is transforming Globoil from a niche event into a globally recognized platform that not only fosters dialogue but also facilitates major business transactions.
Through Globoil, countless business deals, joint ventures, and partnerships have been forged, cementing its position as a critical driver of growth in the edible oil industry. This evolution has taught me the power of matchmaking-connecting the right stakeholders at the right time—which has profoundly shaped my approach to leadership. I now view leadership as a facilitator of opportunities, focusing on creating environments where business can thrive.
ES. What makes Globoil 2024 stand out from other industry events? Could you discuss its importance and the unique aspects it brings to the table?
Kailash Singh. Globoil 2024 stands out because it goes beyond just being a conference – it’s a business matchmaking hub. Unlike other industry events that are solely focused on knowledge-sharing, Globoil places an equal emphasis on facilitating real-time business transactions, which is what sets it apart. Whether it’s connecting suppliers with buyers, or helping industry leaders form new collaborations, Globoil is designed to foster actionable outcomes.
The event’s focus on sustainability, technological advancements, and global market dynamics not only provides attendees with the insights they need but also creates an environment where business decisions are made and partnerships are formed. This makes Globoil a pathway for growth in the edible oil and agri-trade sectors, giving it a unique and indispensable role in shaping the future of the industry.
ES. Globoil has seen significant growth and development over the years. Can you reflect on some of the most notable milestones in the journey of Globoil?
Kailash Singh. The journey of Globoil has been filled with key milestones that have cemented its status as a premier forum for the edible oil and agri-trade sectors. One of the early successes was establishing the event as a key marketplace where business leaders and decision-makers could meet to finalize deals.
Over time, Globoil has expanded its reach to international markets, which has opened up cross-border trade opportunities for participants. Another milestone was the introduction of Globoil Awards, which recognize excellence and innovation, further driving business value by offering credibility and industry-wide recognition. These milestones reflect Globoil’s role not only as a knowledge hub but also as a critical platform for facilitating transactions and driving the future of the edible oil industry.
ES. With the increasing demand for edible oil in the Indian market, how do you see this sector evolving in the coming years? What are some key trends or factors driving the growth of edible oil in India?
Kailash Singh. The edible oil sector in India is on the verge of significant growth, driven by evolving consumer preferences, health trends, and the rise of the food processing industry. One key trend is the increasing demand for healthier oils, which has created opportunities for companies to diversify their product offerings. Additionally, the integration of sustainable practices and the use of advanced technologies in production will also shape the future of the industry. In this environment, Globoil plays a pivotal role by bringing together stakeholders to negotiate deals that will shape the direction of the industry. Moreover, the platform allows for direct access to trends and consumer demands, enabling businesses to make strategic decisions in real-time, making it an essential tool for navigating this evolving landscape
ES. Globoil 2024 promises to bring together a diverse lineup of industry leaders and experts. What are some of the key topics and discussions that attendees can look forward to? How do you believe these discussions will influence the future of the industry?
Kailash Singh. Attendees at Globoil 2024 can expect to engage in discussions that go beyond theory, focusing on business-critical topics such as market forecasts, sustainability initiatives, and advancements in supply chain management. One key area of discussion will be the vegetable oil price outlook for 2024-25, providing critical information for negotiating trade agreements.
Another focus will be on how next-gen technologies can be integrated into production and processing, enabling businesses to stay competitive. These discussions will undoubtedly influence the future of the edible oil industry by fostering collaborations and transactions that will shape market dynamics. Globoil is uniquely positioned to be a catalyst for business growth, where attendees can immediately apply the insights gained to their own business strategies.
ES. In what ways has Globoil been a catalyst for innovation and progress within the sector? Are there any specific initiatives or collaborations that have significantly impacted the industry’s development?
Kailash Singh. Globoil has been a major catalyst for innovation by consistently addressing the industry’s most pressing challenges and opportunities through its matchmaking capabilities.
The event has fostered countless collaborations that have led to advancements in areas such as sustainability and technology adoption. For instance, discussions on sustainable practices and biofuels at past events have spurred industry-wide initiatives that have had tangible impacts on production and supply chain management. The business networking facilitated at Globoil has also accelerated the adoption of best practices across the industry, leading to innovation and progress that is critical for long-term growth.
ES. As the event approaches, what are your expectations for the outcomes of Globoil India 2024? How do you envision the conference contributing to the advancement of knowledge, practices, and policies within the global agri-trade sector?
Kailash Singh. I expect Globoil 2024 to deliver meaningful outcomes that will contribute to both the advancement of industry knowledge and the facilitation of business transactions. By bringing together a diverse group of industry leaders and experts, the event will provide a fertile ground for new business collaborations, allowing stakeholders to address key challenges and explore new opportunities.
The insights shared at Globoil are expected to shape policies and practices that will define the edible oil and agri-trade sectors for years to come. Ultimately, the event will serve as a springboard for business growth and strategic decision-making, offering attendees a platform to make real-time deals that will drive the industry forward.
ES. What message would you like to share with the industry?
Kailash Singh. To the industry, my message is simple: collaboration is the key to success. In a market that is increasingly competitive and complex, the power of networking, deal-making, and business matchmaking is more important than ever. Globoil India has always been committed to facilitating these business connections, and I encourage all industry stakeholders to take full advantage of the opportunities this event provides. By working together and sharing insights, we can navigate the challenges ahead and unlock new opportunities for growth in the edible oil and agri-trade sectors.