Godrej Agrovet to Invest INR 960 Crore in Food Processing & Innovation with MoFPI MoU

Godrej Agrovet Limited has entered into a non-binding Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI), Government of India, to strengthen its food processing capabilities. The proposed investment of INR 960 Crore will be used to set up state-of-the-art manufacturing facilities and an R&D center, focusing on the company’s Oil Palm and Pet Food businesses. The MoU is in line with Godrej Agrovet’s long-term strategy of enhancing its agri-food processing and distribution capabilities, and is expected to be completed by FY2026-27. The facilities will contribute to regional development and skill enhancement through significant employment generation.