Webinar on outlook for poultry sector

India is the world’s greatest egg and broiler meat producer. Final 12 months, the poultry sector value, together with eggs and broiler meat, was pegged at ₹1.98 lakh crore. Poultry is 1 of the promising sectors registering a double-digit CAGR more than the previous ten years.

The expansion more than the up coming 5 decades is envisioned to be fifteen for every cent.

Beleaguered by Covid

The sector has undergone a turbulent interval a short while ago. First, the Covid pandemic broke out and rumours about poultry products afflicted it badly.

Even as it was recovering from the unwell-outcomes, the avian influenza struck to result in a different setback.

Then came the next Covid wave with the lockdowns making certain closure of poultry meat shops on Sundays — a important working day for sales.

Then, the sector experienced to go through a real examination of character as farmgate prices dropped and prices of poultry feed materials these kinds of as soyabean and maize increased, other than edible oil which is specified to the animals for strength.

Price ranges of feed for egg-laying and broiler birds have doubled in the previous 3-four months.

Pretty a number of small farms have been compelled to shut down and some other people have cut down output.

These apart, the fees have increased on account of larger gas and labour charges.

The road in advance

How can the poultry sector march ahead to continue the double-digit expansion that has been witnessed more than the earlier ten years? What are the hurdles it could confront and how can the Indian market confront these difficulties?

These are some of the inquiries that an eminent panel of authorities will be answer at the Webinar ‘Post-Pandemic Outlook for the Poultry Sector’ organised by Godrej Agrovet and Hindu BusinessLine on August 12th.

The authorities include things like M Angamuthu, Chairman, Apeda Balram Singh Yadav, MD, Godrej Agrovet Suresh Chitturi, VC& MD, Srinivasa Farms Prashant Vatkar, CEO, Godrej Tyson Foods and G Chandrashekhar, senior journalist & coverage commentator.

To sign up for the webinar pay a visit to: https://little bit.ly/BLGODREJ or scan the QR Code.