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.
Indian agri-food firms ITC, Godrej Agrovet and Suguna Foods are converting processing byproducts—wheat straw, bagasse, palm residues, poultry waste—into paper, animal feed, fertilisers and high-protein meals, turning circular economy practices into margin-expansion and raw-material-cost-reduction strategies.