Godrej Agrovet Limited, on September 26, 2025, signed a non-binding Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI), Government of India. The MoU, signed on the sidelines of World Food India 2025, marks a proposed investment of ₹960 crore to strengthen the company’s food processing capabilities through state-of-the-art manufacturing facilities and an advanced R&D center.
Speaking on the occasion, Sunil Kataria, CEO & MD of Godrej Agrovet Limited, said, “The MoU is in line with our long-term strategy of strengthening agri-food processing and distribution capabilities. By investing in upstream infrastructure and R&D, our aim is to create sustainable value across the supply chain while contributing to the upliftment of the ecosystem. We are grateful for the support from MoFPI and remain committed to advancing India’s food processing capabilities and agricultural innovation.”
The MoU was signed in the presence of Avinash Joshi, IAS, Secretary, MoFPI, and Rakesh Swami, Group President – Corporate Affairs, Godrej Industries Group. Under this agreement, Godrej Agrovet will establish new manufacturing and processing facilities along with an upstream R&D center. The investment will primarily focus on the company’s oil palm and pet food businesses, with projects spread across Andhra Pradesh, Assam, Tripura, Telangana, and Maharashtra.
Commenting on the partnership, Avinash Joshi, IAS, Secretary, MoFPI, said, “We are delighted to partner with Godrej Agrovet. This MoU reaffirms our shared commitment to strengthening India’s agri-food ecosystem and advancing rural development goals. As a key enabler of the National Mission on Edible Oils – Oil Palm, and with a strong legacy of innovation in food processing, Godrej Agrovet continues to play a pivotal role in driving India’s nutrition, agri-economy, and emerging consumer segments. We look forward to working closely with them to accelerate this mission.”
Echoing this sentiment, Rakesh Swami, Group President – Corporate Affairs, Godrej Industries Group, added, “Driven by MoFPI’s forward-looking policies and the government’s strong commitment to a resilient agri-food ecosystem, India’s food processing sector is witnessing unprecedented investments. Equally inspiring is MoFPI’s resolve to dispel misconceptions around packaged foods while fostering innovation-led growth. At Godrej Industries Group, we are proud to be partners in this transformation, and today’s MoU stands as a strong testimony to that shared vision.”
The facilities are expected to be completed by FY2026-27 and will also contribute to regional development through significant employment generation and skill enhancement initiatives.
