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Godrej Agrovet and Malaysia’s Sime Darby eye collaborative venture for palm oil processing unit in Telangana

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The Telangana government announced on Tuesday that Godrej Agrovet Company Ltd has expressed interest in establishing an integrated palm oil processing unit in partnership with Malaysia’s Sime Darby in the Khammam district.

The Managing Director, Balram Singh Yadav, along with a delegation from Godrej Agrovet Company Ltd, met with Chief Minister Revanth Reddy at the state secretariat. An official release reported that during the meeting, discussions were held, and Chief Minister Reddy pledged to provide comprehensive support for the expansion of the company’s current palm oil and dairy ventures in the state.

The chief minister further recommended that the company incorporate skill development initiatives into its corporate social responsibility. The release mentioned that the chief minister proposed the delegation to investigate the significant opportunities in the state’s real estate, furniture, and consumer goods sectors. The meeting also saw the presence of State IT and Industries Minister D Sridhar Babu, Chief Secretary A Santhi Kumari, and other officials, as per the release.

Continue Exploring: India’s palm oil imports reach three-month high amid soaring discounts

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