NCA (1976) has estimated that 5.75 million tonnes of concentrates are needed to bridge the gap between availability and requirement. On the other hand demand for milk is increasing year after year due to population growth, and raise in per capital income. Hence demand for livestock feeds, for economic milk production, will increase. This paper is an attempt to review consumption, production and trade related aspects of oil meals India. Cotton, groundnut, and rapeseed are major oil cakes in terms of consumption, and production, though there are side fluctuations in their relative shares. Estimated elasticity of price, and adult bouines one of the expected signs and stastically different from zero at 99% level. India is a major exporter of oil meals in the world and on an average 20% of production is being exported to developed economies of the world.