The largest oil palm plantation firm in India, Godrej Agrovet Ltd, would invest Rs 250 crore in Telangana to build a cutting-edge facility for processing edible oils. It is possible to increase the proposed 30 tonnes per hour (TPH) facility to 60 TPH. The facility will be in Khammam. In the district of Khammam, this would be the single largest private investment. Palm oil will be processed at this facility.
Godrej Agrovet Ltd’s managing director, Balram Singh Yadav, met with IT & Industries Minister KT Rama Rao in Hyderabad and briefed him on the company’s investment plans. The Minister was reassured by Balram Singh that this was just one of the numerous proposals being considered by the company’s various business divisions.
Godrej Agrovet plans to operate at full scale by 2025-26 in the proposed facility. The factory will be self-sufficient in power requirement with a co-generation plant. Palm oil farmers will be serviced through 10 Godrej Samadhan centres and their extension team.
Currently, Godrej is present across 10 mandals in Telangana in Khammam and Bhadradri-Kothagudem districts. To enhance productivity, Godrej will deploy digital assets including satellite / drone tracking of area under cultivation, image-based crop advisory services, farmer apps, sapling portal etc in the region.
