Godrej Agrovet has signed a non-binding Memorandum of Understanding (MoU) with the State Government of Andhra Pradesh (AP). Under this MoU, the company would be investing Rs 70 crore to expand the dairy processing and value-added product capacities in its dairy business and set up new Samadhan Centers - one-stop solution center for Oil Palm Farmers.
The company’s wholly owned subsidiary Creamline Dairy Products, which sells products under the brand name Godrej Jersey, will be expanding its dairy processing and value-added products capacities in three phases.
Godrej Agrovet is a diversified, research and development focused agribusiness company with operations across five business verticals i.e. animal feed, crop protection, oil palm, dairy, and poultry and processed food.
