Godrej Agrovet Limited, one of India’s leading agri-food companies, has taken a big step forward in expanding its food processing capabilities. The company recently signed a non-binding Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI), Government of India, on the sidelines of World Food India 2025.
Under this MoU, Godrej Agrovet plans to invest ₹960 Crore to set up state-of-the-art manufacturing and processing facilities, along with an advanced R&D center. The focus of this investment will be on the company’s Oil Palm and Pet Food businesses.
The projects will be spread across several states, including Andhra Pradesh, Assam, Tripura, Telangana, and Maharashtra. These new facilities are expected to be operational by FY2026-27 and will not only strengthen the company’s production capabilities but also boost regional development and create numerous employment opportunities.
The signing was attended by Avinash Joshi, IAS, Secretary of the Ministry of Food Processing Industries, and Rakesh Swami, Group President – Corporate Affairs, Godrej Industries Group.