Indian agri-food player Godrej ramps up investment in pet food facility
The company plans to inject more than $100 million into diversifying its portfolio.
Godrej Agrovet has entered a non-binding Memorandum of Understanding (MoU) with the Indian Ministry of Food Processing Industries to develop new food processing and manufacturing facilities, along with a research and development (R&D) center focused on its pet food and oil palm divisions.
The total investment of ₹960 crore ($108.3M/€93.8M) will fund the establishment of 5 facilities, with 1 dedicated to the production of pet food in the western state of Maharashtra.
The facilities are expected to be completed by fiscal year (FY) 2026–27.
Long-term strategy
According to Godrej Agrovet CEO Sunil Kataria, the memorandum is in line with the company’s “long-term strategy” of strengthening its agri-food processing and distribution capabilities.
“By investing in upstream infrastructure and R&D, our aim is to create sustainable value across the supply chain while contributing to the upliftment of the ecosystem,” he says.
Godrej Agrovet is part of the Godrej Industries Group. One of its subsidiaries, Godrej Consumer Products, entered the pet market by launching a dog food brand in April 2025.
The subsidiary estimated a ₹500 crore ($56.6M/€49M) investment in the sector over the next 5 years and classified pet care as “an emerging sunrise category” within the company.
Market overview
According to the India Brand Equity Foundation (IBEF), the pet food segment is the largest contributor to India’s pet care industry, valued at ₹4,000 crore ($466.3M/€404M) as of 2024. It is believed that pet food accounts for nearly 80% of the total local market.
Market research firm Euromonitor International forecasts India’s pet food market to reach ₹10,000 crore ($1.2B/€1B) by 2028.
Demand for commercial pet food continues to rise, driven by greater awareness of pet nutrition, convenience and exposure to global trends.
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