Godrej Agrovet Ltd has announced a major investment commitment of ₹960 crore, signing a non-binding Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI). The agreement was formalised on the sidelines of World Food India 2025 in New Delhi.
Under the MoU, Godrej Agrovet plans to establish state-of-the-art manufacturing and processing facilities along with an upstream research and development (R&D) centre. These initiatives will primarily focus on strengthening the company’s Oil Palm and Pet Food businesses.
In a regulatory filing, the company highlighted that the proposed investment marks a significant step towards enhancing its food processing capabilities and supporting future growth in key segments.
Commenting on the development, Sunil Kataria, CEO & MD of Godrej Agrovet, said that the move underscores the company’s long-term commitment to driving innovation and growth in the food processing sector.
This announcement comes as part of broader investment initiatives being rolled out by major players at World Food India 2025, showcasing the growing potential of India’s food processing industry.
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