Two of India’s leading FMCG players, Tata Consumer Products and Godrej Agrovet, have signed investment agreements with the Ministry of Food Processing Industries (MoFPI), committing a combined outlay of ₹2,960 crore to expand capacity and strengthen India’s food ecosystem.
Tata Consumer Products has pledged up to ₹2,000 crore over the next five years. While the company has not disclosed specifics of the deployment, the investment is aligned with initiatives under World Food India 2025 and will focus on scaling its packaged food and beverage portfolio. “Once terms and conditions are finalized, the company will make further disclosures,” Tata Consumer said in a statement.
Godrej Agrovet, meanwhile, has earmarked ₹960 crore for new facilities and an upstream research and development center. The projects will focus on its oil palm and pet food businesses, with planned facilities in Andhra Pradesh, Assam, Tripura, Telangana, and Maharashtra. Completion is targeted by FY27, with expectations of job creation and skills development in rural and semi-urban regions.
Sunil Kataria, CEO and Managing Director of Godrej Agrovet, emphasized the long-term approach. “By investing in upstream infrastructure and R&D, we aim to create sustainable value across the supply chain while contributing to regional growth,” he said.
The MoU signing, witnessed by Avinash Joshi, Secretary, MoFPI, and Rakesh Swami, Group President, Godrej Industries, comes as India positions itself as a global food processing hub. Joshi praised Godrej Agrovet’s role in the National Mission on Edible Oils – Oil Palm and its broader contributions to the agri-economy.
“Driven by supportive policies, India’s food processing sector is witnessing unprecedented investor interest,” said Swami, highlighting the government’s role in boosting confidence and dispelling outdated perceptions around packaged foods.
