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Godrej Agrovet rallies upto 5% on signing MOUs with 3 States

Currently, Godrej Agrovet’s palm oil marks a presence in Andhra Pradesh, Telangana, Tamil Nadu, Orissa, Goa, Maharashtra, and Mizoram.

Godrej Agrovet signs agreements with NE states to cultivate oil palms

The largest oil palm processor in India, Godrej Agrovet, works closely with farmers throughout the whole lifecycle of their crop. The National Mission on Edible Oils - Oil Palm (NMEOOP), with a budgeted outlay of Rs11,040 Crore, was started by the Indian government in August 2021.

Soaring edible oil prices deal blow to India s inflation fight

The soaring cost of vegetable oils is an ever-growing threat to India’s efforts to bring inflation under control. Prices of palm oil, the most-consumed edible oil in the world, have jumped 15 percent this year to a record, while rival soybean oil has gained 12 percent, contributing to a surge…

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