Allana Group, one of the leading businesses in the agribusiness sector, has once again made a bold move by committing a whopping $1200 million to create a fully integrated poultry venture with nationwide reach. This landmark decision is set to revolutionize the poultry industry in the country and bring about positive change for both the consumers and the farmers.
The Allana Group, with over 150 years of experience in the agribusiness sector, is known for its quality products and ethical business practices. The group has a strong presence in various sectors such as food processing, agrochemicals, and animal nutrition. With this new venture, Allana Group aims to strengthen its position in the poultry industry and cater to the growing demand for poultry products in the country.
The poultry industry in India has witnessed significant growth in the past few years, with the increasing population and changing dietary habits. However, the industry has been facing several challenges, such as lack of technology and infrastructure, fragmented supply chain, and low productivity. Allana Group’s fully integrated poultry venture aims to address these challenges and create a sustainable and efficient supply chain for poultry products.
With this venture, Allana Group plans to set up state-of-the-art breeding, hatching, and rearing farms, along with feed mills, processing plants, and distribution centers across the country. This will not only create job opportunities but also improve the productivity and quality of poultry products. The integrated approach will ensure better control and traceability of the entire supply chain, from farm to fork.
Mr. Allanasons, Chairman of the Allana Group, said, “Poultry is a highly potential sector, and we are committed to utilizing our expertise and resources to create a sustainable agri-business model. With this fully integrated venture, we aim to provide our consumers with the best quality poultry products while ensuring a fair and profitable livelihood for the farmers.”
This commitment of $1200 million by Allana Group is a significant investment in the poultry industry, which will have a domino effect on the entire sector. It will not only boost the development of the poultry industry but also support the growth of allied sectors such as animal feed and veterinary services. The venture will also contribute to the government’s vision of doubling farmers’ income by 2022.
Additionally, this integrated poultry venture will bring about a positive change for the farmers. With the adoption of modern technology and better farming practices, the farmers will witness a significant increase in their productivity and income. The venture will also provide them with a stable market and fair prices for their produce, thus improving their socio-economic status.
In conclusion, Allana Group’s commitment of $1200 million to create a fully integrated poultry venture with nationwide reach is a game-changer for the country’s poultry industry. It will not only cater to the growing demand for poultry products but also create a sustainable and efficient supply chain. The venture will have a positive impact on all stakeholders, from farmers to consumers, and contribute to the country’s economic growth. We applaud Allana Group for its vision and commitment towards the development of the agribusiness sector in India.
