Telangana has attracted yet another major investment. A major marquee company Godrej Agrovet Limited, one of the largest edible oil developers in India, announces to establish a 30 TPH edible oil processing plant in Telangana.
The plant is expandable to 60 TPH in the future and will be set up with an investment of Rs. 250 crores.
Balram Singh Yadav, Managing Director of Godrej Agrovet met minister KT Rama Rao and informed him about the investment plans of the company.
Balram Singh assured the Minister that it is one of the many initiatives being considered across various business verticals.
Welcoming the investment, KTR wrote on Twitter that the focus of CM KCR Garu in promoting Oil Palm was yielding results.