The Godrej Group, which broke ground on Saturday for a ₹300-crore integrated palm oil complex in Khammam district, is considering investing in dairy, pharma, personal care products, furniture, real estate, retail, poultry, animal feed and aquaculture in the State.
“Telangana is all set to become a new home for the group. The ground-breaking for the palm oil factory in Khammam is the first of many investments in diverse areas such as dairy, animal feed, retail, real estate, FMCG and more that we are working closely together on,” said Industries and IT Minister K.T.Rama Rao, who along with senior leadership of the group, participated in the function of Godrej Agrovet.
“We are fostering a deep relationship across many sectors,” he said, adding the investment announcements will follow once the discussions conclude. The Minister highlighted Telangana’s oil palm mission that aims to bring 20 lakh acres under cultivation across the State. It will improve income for more than 5 lakh farm households and generate employment opportunities for 2.3 lakh people.
