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In November 2023, Godrej Agrovet Limited (GAVL) announced the launch of an advanced pest control product Rashinban in IndiaWith the patent chemistry discovered and developed by Japan’s Nissan Chemical Corporation, Rashinban is being launched first time globally in India through collaboration with GAVL to protect the Chilli crops during the flowering stage.
In September 2023, Godrej Agrovet entered into a Strategic Partnership Agreement with Sime Darby Plantation Berhad (SDP) where SDP will supply high-quality oil palm seeds to Godrej Agrovet’s Oil Palm Business Unit(s) and later set up a state-of-the-art seed production unit in India.
In July 2023, Godrej Agrovet gets 47,000 acres of land from the Telangana govt for oil palm plantation.
In May 2023, Godrej Agrovet's Oil Palm Business announced that it partnered with the State Bank of India (SBI) to offer loans to oil palm farmers for setting up micro irrigation facility and install fencing to protect crops from cattle and improvement of tube well at their oil palm farms.
Godrej Agrovet would invest Rs. 250 crore (US$ 30.58 million) in an oil palm unit in Telangana in April 2023.
In March 2023, Godrej Agrovet signs an agreement with the AP government to establish an edible oil refining facility worth Rs. 100 crore (US$ 12.23 million). The company already owns a 45,000-hectare oil palm planting land in Andhra Pradesh (AP). The proposed new facility will be built in Seethanagaram, Eluru District, AP, and will have a refining capacity of 400 tonnes per day.
Godrej Agrovet Ltd. has introduced a ground-breaking initiative called Samadhan, a one-stop solution centre for oil palm farmers, under its Oil Palm business.
In January 2023, Godrej Agrovet received Indian Oil Palm Certification under IPOS Framework
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