Godrej Agrovet Ltd. has signed a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI), Government of India. This partnership involves a proposed investment of INR 960 Crore to enhance food processing capabilities through advanced manufacturing facilities and an R&D center. The investment will create value across the supply chain and boost India’s agricultural innovation.
Strategic Partnership for Food Processing
Godrej Agrovet Limited has entered into a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI) to strengthen its food processing capabilities and innovation. The signing took place on September 26, 2025, highlighting the company’s commitment to the agri-food sector.
Investment and Expansion Plans
The proposed investment of INR 960 Crore will be directed towards establishing state-of-the-art manufacturing facilities and a dedicated Research and Development (R&D) center. This investment aims to significantly enhance the company’s infrastructure and contribute to advancements in food processing technologies.
Focus Areas and Geographical Spread
The investment will focus on Godrej Agrovet’s Oil Palm and Pet Food businesses. The expansion will cover multiple states, including Andhra Pradesh, Assam, Tripura, Telangana, and Maharashtra. This strategic geographical spread will enable the company to cater to diverse markets and leverage regional resources.
Anticipated Benefits and Timeline
The enhanced facilities are expected to contribute to regional development and provide significant employment generation. The company anticipates completing the project by the financial year 2026-27, setting the stage for long-term growth and innovation in the food processing industry.
Source: BSE
