News Indian Poultr y Market Report 2019: Industr y Tr e n d s , S h a r e , S i z e , Growth, Opportunity and Forecasts 2011-2018 & 2019-2024 The "Indian Poultry Market: Industry Tr e n d s , S h a r e , S i z e , G r o w t h , Opportunity and Forecast 2019-2024" report has been added to Researchandmarkets.com's offering. The Indian poultry market, consisting of broilers and eggs was worth INR 1,750 Billion in 2018. The market is further projected to reach INR 4,340 Billion by 2024, growing at a CAGR of 16.2% during 2019-2024. India today is the one of the world's largest producer of eggs and broiler meat. The poultry industry in India has undergone a major shift in structure and operation during the last two decades transforming from a mere backyard activity into a major industry with the presence of a large number of integrated players. This transformation has involved a sizeable investment in breeding, hatching, rearing and processing activities.
Govt Approves Rs 15,000 Crore Infrastructure Fund for Dairy, Poultry and Meat Units the government on Wednesday announced a new Rs 15,000 crore infrastructure fund to provide interest subvention of up to 3% to private players for setting up of dairy, poultry and meat processing units. A decision in this regard was taken in the Cabinet meeting, headed by Prime Minister Narendra Modi. "A Rs 15,000 crore fund has been approved by the Cabinet that will be open to all and will help in increasing 30
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milk production, boost exports and create 35 lakh jobs in the country," said Information and Broadcasting Minister Prakash Javadekar. Animal Husbandry Minister Giriraj Singh said that the new infrastructure fund is part of the Rs 20 lakh crore economic package announced to help those affected due to the lockdown clamped to prevent the spread of COVID-19. "For the first time, we will give interest subvention up to 3 per cent to private players for setting up of processing infrastructure for dairy, poultry and meat," he added.
India Clears 5,00,000 Tonnes of Corn Imports at Much-reduced Duty in Boost for Poultry Sector India has authorised impor ts of 5,00,000 tonnes of corn this year at a concessional 15% import tax, the government said late on Tuesday, as New Delhi tries to augment supplies of the animal feed for the poultry industry. India, the world's seventh-biggest corn producer, normally imposes a 60% import tax on the grain. The corn imports under the tariff-rate quota (TRQ) were allowed for end-consumers in the poultry and starch supply sectors, the government said in a notification. A major exporter of corn to southeast Asia until a few years ago, India has turned importer as output has fallen and demand has grown from domestic poultry producers and corn starch manufacturers. India's corn imports jumped to 312,389 tonnes in 2019 from just 30,962 tonnes a year ago, the government data showed.
How an appetite for turkey is transforming women's lives in West Bengal A collaboration between scientists, government and female farmers to
encourage small-scale turkey rearing is paying off in the countryside around Kolkata. is engaged in Turkey farming in the village of Balrampur, in the South 24 Parganas district of West Bengal. The 35-year-old homemaker says that the bird has given her freedom to fulfil the demands of her family life. Her husband works as a mechanic in a fan-manufacturing company and his income is barely enough to keep the kitchen fire burning. But rearing turkey has not only made her financially stable but it’s also given her confidence that women are in no way inferior to men. “I have been involved [in] turkey farming for the past two years,” she explains. “The bird has changed my life and has helped me to provide better life to my children. It has given me a strong belief that nothing is impossible.” As she talks her feeling of confidence is visible in her eyes.
V i r t u a l P o u l t r y Te c h Summit is open for registration Virtual Poultr y Tech Summit, the interactive virtual event featuring the l a te s t a d va n c e m e n t s i n p o u l t r y technologies, includes a three-day agenda packed with essential education and networking. The summit is scheduled for 20-22 October 2020, with registration open now. “Vir tual Poultr y Tech Summit is designed to facilitate collaboration between innovators, poultry industry p r of e s s i o n a l s a n d i n v e s t o r s t o accelerate technology transfer in the industr y,” said Terrence O’Keefe, content director, WATT Global Media. “Additionally, the summit will provide insights on the impact of COVID-19 on the poultry supply chain.” Paul Aho, PhD, president of Poultry Perspective will provide the opening keynote on 20 October, sharing predictions of the macroeconomic trends that will impact the poultry industry in 2030.
Poultry Planner | Vol. 22 | No.05 | July - 2020
