ITC, Godrej Agrovet, Suguna turn agri-byproducts into margin lever
India's largest agri-food firms are monetising wheat straw, bagasse, palm residues and poultry waste—converting them into paper, feed, fertiliser and protein meals. The shift reframes processing scrap as a raw-material-cost hedge and margin-expansion play, embedding circular economy practices into core P&L.
What happened
ITC Limited · Indian agri-food firms ITC, Godrej Agrovet and Suguna Foods are converting processing byproducts—wheat straw, bagasse, palm residues, poultry
Why this matters
Scout bolt-on targets in paper, aqua/animal feed, organic fertiliser, and protein meal that can lock in captive agri-residue feedstock at scale.