Godrej Pet Care is investing ₹500 crore in its venture over the next five years

Godrej Pet Care Commits ₹500 Crore to Strengthen Presence in Indian Pet Care Market

Godrej Pet Care, a division of Godrej Consumer Products Ltd. (GCPL), is set to invest ₹500 crore over the next five years to accelerate its expansion in the Indian pet care industry. A significant portion of this investment will go toward setting up a dedicated manufacturing facility in Nashik, specifically at the Akrale industrial area in Dindori, as reported by Esakal.

Key Highlights:

• Strategic Investment: The ₹500 crore allocation underlines GCPL’s commitment to building a strong foothold in the growing Indian pet care segment.

• New Manufacturing Plant: The upcoming facility in Nashik will be a cornerstone of this expansion, with a planned production capacity of 30,000 tonnes of pet food annually.

• Market Potential: With the Indian pet food market estimated at ₹5,000 crore, Godrej aims to capture a substantial share by focusing on quality manufacturing and distribution.

• Growth Outlook: CEO Robert Menzies emphasized the immense growth potential in India, driven by a rising pet population and a shift towards packaged and specialized pet food products.

This move aligns with Godrej’s broader strategy of tapping into high-growth, consumer-centric segments and reflects its confidence in the long-term prospects of the pet care market in India.