125-Year-Old Conglomerate Godrej to Expand Oil Palm Plantations

“The government is spending a lot of money supporting farmers in the early stages,” Godrej said. “We think that a lot of growth is possible — it’s still a drop in the ocean,” he said. The company, which is supplied by 40,000 hectares of palm plantations in India, aims to add 5,000 hectares next year and then 10,000 hectares every year “for the next five years or so.”