Godrej Agrovet to invest INR 960 crore in food processing expansion

Godrej Agrovet Limited (GAVL) has signed a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI), Government of India, for a proposed investment of INR 960 crore. This investment aims to establish manufacturing and upstream innovation facilities, enhancing GAVL's food processing capabilities and agricultural innovation. The facilities are expected to be completed by FY2026-27.

The investment will focus on GAVL's oil palm and pet food businesses, with new facilities planned across Andhra Pradesh, Assam, Tripura, Telangana, and Maharashtra. This strategic move aligns with GAVL's long-term strategy to strengthen its agri-food processing and distribution capabilities, contributing to regional development and job creation.

The MoU was signed on September 26, 2025, in the presence of Avinash Joshi, IAS, secretary, MoFPI, and Rakesh Swami, group president – corporate affairs, Godrej Industries Group. GAVL's chief executive and managing director, Sunil Kataria, highlighted the company's commitment to advancing India's food processing sector.