March 29, 2006

India's Suguna Poultry posts 25-percent rise in sales

Suguna Poultry Group registered a 25-percent rise in sales to Rs10 billion in the last fiscal year that ended March 2006.

The group from India says the country's bird flu crisis should improve and it projected that its turnover will increase to Rs30 billion by 2010.

By 2010, Suguna hopes to establish a 20-percent market share in India's poultry production. Presently, the group has 14 percent of the market share.