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Godrej Agrovet's joint venture

MUMBAI, JUNE 24. Godrej Agrovet Ltd. (GAVL) has entered into a joint venture with Advanced Chemical Industries Ltd. (ACI), Bangladesh, to set up animal feed and poultry businesses in Bangladesh. The JV is named ACI Godrej Agrovet Private Ltd. and will set up feed mills, poultry breeding, hatchery and poultry rearing operations in Bangladesh.

C. K. Vaidya, Managing Director, GAVL, said, "We are happy to enter into this joint venture with ACI Bangladesh especially since it is a highly reputed company having diverse businesses that will help leverage this JV."

— Our Staff Correspondent

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