According to IT and industries Minister KT Rama Rao, the Godrej group is prepared to relocate to Telangana. On Saturday, he participated in the groundbreaking ceremony for the first integrated palm oil facility that Godrej Agrovet would build in the hamlet of Gubbagurthy in the Konijerla mandal of the Wyra assembly seat.

In order to make the State self-sufficient, the State government is placing a high premium on the green revolution, white revolution (milk production), blue revolution (fisheries), pink revolution (meat), and yellow revolution (edible oil). With a $300 billion investment, Godrej's factory in khammam will house a world-class edible oil processing complex that will provide jobs for 2,000 people and help 50,000 farmers. According to Rama Rao, it will mark a new turning point in Telangana's yellow movement.

In order to develop seed varieties suitable for the local climate, Godrej has partnered with reputable international companies to establish India's first private oil palm seed garden on the factory premises. He also noted that Godrej will establish a nursery with a capacity of five lakh saplings, bringing high-end plant genetics to India.

Godrej Group has a special interest in Khammam. It will collaborate with the government to establish one-stop farmer care facilities where farmers can get all of their needs met, including fertilizers, harvesting equipment, plant protection solutions, and extension services. telangana has set out on an ambitious oil palm campaign with the goal of cultivating 20 lakh acres. In the next two years, telangana will surpass ap to become the State that produces the most oil palm in india thanks to a robust infrastructure of Rythu Vedikas and agricultural extension equipment.

The telangana government is offering farmers a subsidy of Rs 50,000 per acre for growing oil palm. About five lakh farmers are predicted to see an increase in income as a result of the oil palm mission, and 2.3 lakh people are anticipated to find work as a result. Godrej is building a close partnership with telangana by planned investments in the dairy, pharmaceutical, personal care, furniture, real estate, retail, poultry, animal feed, and aquaculture sectors. Soon after negotiations on the subject came to a close, Rama Rao stated that announcements will soon be made.
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SIBY JEYYA

01/10/2023 08:26 AM