Question
Which agribusiness company is planning to invest Rs 300
crore over the next 3-4 years to set up an integrated palm oil complex, including a crude palm oil mill, in Telangana & to increase the area of palm oil cultivation in the country to 120,000 hectares by 2027?Solution
Godrej Agrovet (GAVL) will invest Rs 300 crore over the next 3-4 years to set up an integrated palm oil complex, including a crude palm oil mill, in Telangana. GAVL is also planning to increase the area of palm oil cultivation in the country to 120,000 hectares by 2027 from the present 65,000 hectares.
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