Indian Poultry Exports to Cross Ten Times in Next 5 Years

Released on = May 24, 2006, 4:42 am

Press Release Author = RNCOS

Industry = Food & Beverage

Press Release Summary = RNCOS Research:
(http://www.marketsmonitor.com/category/FB10.html) Despite hiccups the Indian
poultry exports growing at a steady pace.

Press Release Body = RNCOS Research:
(http://www.marketsmonitor.com/category/FB10.html) The second epidemic of the avian
influenza or the Bird flu amidst the Indian poultry were corroborated in March 2006.
Tests affirmed the presence of the virus in several dead poultry in the western
state of Maharashtra.

The Rs. 310 Bn. (6.5 Bn. USD) worth Indian poultry sector which was yet to
recuperate from the previous avian flu virus attack that had sparked off an
emergency situation, took a very hard blow after fresh avian flu cases were reported
in chickens in March 2006.

Despite the passage of a couple of months villagers still alarmed at the
possibilities of the infection spreading out among people staying within the
immediate vicinity of the poultry. These fears persist in spite of the fact that
tests carried out on people allegedly suffering from bird flu have all tested
negative.

The latest market research report by RNCOS titled, "Vision For Indian Poultry:
Current Scenario & Future Prospects" outlines the economic strength and the
development scope of this industry in India. The report further elaborates that
Indian government incurred losses amounting to almost $ 25 Bn or Rs 8200 Crore owing
to the culling birds and reimbursing for it.

Based on the findings of a comparative study conducted among the different sectors
of meat output, poultry has exhibited a noteworthy development. Poultry and egg
processing divisions has taken great strides towards upwards growth.

The market research report "Vision For Indian Poultry Industry: Current Scenario &
Future Prospects" takes a stock of the fiscal strength and progress of this industry
and affirms that the export of Poultry meat is expected to be about Rs.50 Crore and
will probably cross the Rs. 500 Crore mark in the coming 4-5 years.

The wide ranging SWOT analysis carried out by the report examines the impediments
retarding the speed of growth in this sector, in spite of an increased supply and
demand of poultry items in bordering and remote countries.

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Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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