Telangana’s Department of Agriculture and Cooperation (Horticulture and Sericulture) has allotted approximately 47,000 acres of land in Sangareddy district to Godrej Agrovet for oil palm plantation. The company will utilize the allocated area to expand oil palm cultivation and establish processing units.
Recently, the company inaugurated an edible oil refinery in Chintalapudi, Eluru district. Balram Singh Yadav, Managing Director of Godrej Agrovet, expressed delight at receiving additional districts in the fresh allotment released by the Government of Telangana.
The Telangana government has set a target of expanding oil palm cultivation across 20 lakh acres in the state. The Budget for 2023-24 proposes a total of INR 1,000 Crore for oil palm cultivation.
Biltrax Construction Data is tracking 25,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights and gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.
0
