December 3, 2009

 

India's poultry industry aims to soar by 2015

 
 
By 2015, the Indian poultry industry is expected to grow from an estimated US$6.49 billion to over US$12.9 billion.
 

His comments were made during India's first national conference themed ''Meat and Poultry Processing in India-Potential and Challenges,'' held in New Delhi. ''The Indian poultry industry has been growing at rates varying from an annual 8 percent to 15 percent. India, today is the fifth largest producer of eggs and the ninth largest producer of poultry broiler globally,'' Sahai said.


Sahai also underlined the need for a modernised food industry to enhance the quality of meat and poultry products in the country. Towards this, he said, the government had launched a comprehensive scheme for modernisation of abattoirs across the country.
 
Expressing concern over the mere 2 percent contribution of India in global meat production, he said the industry should take particular care to avoid contamination and deterioration of meat and its products. The government had allowed 100-percent FDI (foreign direct investment) in the sector to tap the opportunities available in the section, he added.
 

''We are also providing incentives to encourage research and development in food processing for product and process development and improved packaging'', the minister said.

 

Addressing delegates to the conference, Ashok Sinha, secretary, ministry of food processing industries, pointed to the need to frame a strategy for the development of meat and poultry production in the country. This would bring prosperity to millions in rural India and create employment opportunities.

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