Godrej Industries' Telangana investment crosses ₹10,000 cr with latest ₹150-cr dairy unit MoU

Agri-business company Godrej Agrovet Ltd on Tuesday (December 9) said the Godrej Industries Group will invest over ₹10,000 crore in Telangana across its different businesses.

As part of this plan, Creamline Dairy Products Ltd, a subsidiary of Godrej Agrovet, which sells products under the brand name Godrej Jersey, has signed a memorandum of understanding with the government of Telangana.

The MoU was signed on the sidelines of the Telangana Rising Global Summit 2025. Under the agreement, Godrej Jersey

will invest ₹150 crore to set up a state-of-the-art dairy processing facility across 40 acres in the state.

Also Read: Godrej Agrovet Q1 results: Profit rises 13% YoY, revenue crosses ₹2,600 crore

With this proposed investment, the Godrej Group’s total investment plans in Telangana now stand at over ₹10,000 crore across its different business segments.

With dairy products – milk, curd, paneer, and milk-based drinks – being the most natural sources of protein, this investment will enable Godrej Jersey not only to strengthen the state's dairy ecosystem but also to deliver products tailored to the evolving nutritional and protein needs of consumers.

Pirojsha Godrej, Executive Vice Chairperson, Godrej Industries Group, said, “As a group with a strong presence in the state of Telangana, today’s MoU reflects a shared commitment to accelerating industrial growth, creating employment, and developing high-impact infrastructure under a collaborative public-private approach.”

Also Read: Godrej Agrovet inks ₹960-crore deal with Food Processing Ministry

She added, “From advancing sustainable oil palm cultivation to growing our presence in urban housing to expanding our dairy footprint and enabling MSME growth via digital-first solutions, our partnership with the government of Telangana is a step toward shaping an inclusive, innovative and resilient future."

In 2023, Godrej Agrovet announced an investment of ₹300 crore to set up an integrated oil palm complex in the Khammam district of the state. With a state-of-the-art crude palm oil mill and an upstream R&D centre set to open next year, the complex also has a provision for setting up a refinery in the near future.

Additionally, with quality infrastructure, schools, and lifestyle options making the state highly sought-after for homebuyers, Godrej Properties, part of the Godrej Industries Group, announced its foray into the Hyderabad market early this year. With a strong plan of providing citizens with a premium residential offering, Godrej Properties will invest ₹10,000 crore across four projects.

Also Read: SEBI warns Godrej Agrovet over delayed disclosures in Astec Lifesciences deal

Shares of Godrej Agrovet Ltd ended at ₹597.80, up by ₹22.10, or 3.84%, on the BSE today, December 9.