Vision for Indian Poultry Industry - Current Scenario and Future Prospects
Released on = April 27, 2007, 12:00 am
Press Release Author = Namrata
Industry = Small Business
Press Release Summary = Report also examines the consumption pattern of egg and poultry meat for 2010 by taking into account urbanization and differences in consumption patterns across various income groups
Press Release Body = Vision for Indian Poultry Industry: Current Scenario and Future Prospects India is the fifth largest producer of eggs and ninth largest producer of poultry meat in the world, producing over 34 billion eggs and about 600,000 tons of poultry meat in 2004. In the overall market for poultry products, India was positioned 17 in World Poultry Production. And analysts estimate that the poultry sector in India has been growing at a much faster rate, along with other industries such as BPO and Securities market. Over the past decade the poultry industry in India has contributed approximately US $229million, to the Gross National Product (GNP).
Several breakthroughs in poultry science and technology have led to the development of genetically superior breeds capable of higher production, even under adverse climatic conditions that offer opportunities for overseas entrepreneurs to expand export and import of poultry products on a large scale.
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