The proposed investment of Rs 960 crore is a significant step in the company’s journey towards enhancing its food processing capabilities through state-of-the-art manufacturing facilities and an R&D Centre.
Sunil Kataria, CEO & MD, Godrej Agrovet Limited, said that by investing in upstream infrastructure and R&D the company aimed to create a sustainable value across the supply chain while contributing to the upliftment of the ecosystem
Commenting on the signing of MoU, Avinash Joshi, IAS, Secretary, Ministry of Food Processing Industries, said, “We are delighted to partner with Godrej Agrovet. Today’s MoU reaffirms our shared commitment to strengthening India’s agri-food ecosystem and advancing rural development goals”.
Expected to be completed by 2026-27, the facilities will also contribute to regional development and skill enhancement through significant employment generation.