India has the world’s largest population of livestock. India produces around 5.3 million MT of Meat and 75 bn eggs annually. The current processing levels in poultry are 6%, while for meat it stands at 21%.
Poultry is a highly vertically integrated industry in India and matches the efficiency levels of many western countries. Government of India has taken steps for modernization of municipal abattoirs to provide safe and hygienic meat to consumers.
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Poultry is a highly vertically integrated industry in India and matches the efficiency levels of many western countries. Government of India has taken steps for modernization of municipal abattoirs to provide safe and hygienic meat to consumers.
“Export oriented units have invested significantly in establishment of large abattoirs-cum-meat processing plants with the latest technology. Farm automation, abattoirs, logistics, processing and point of sale cold storage infrastructure are an opportunity in India, given the changing preference of Indian consumers for clean, safe and hygienic meat and meat products.“
1. Major States: a) Eggs: Andhra Pradesh, Tamil Nadu and Maharashtra are the top egg producers in the country.
b) Meat: The largest producer of meat in the country is Uttar Pradesh producing 23% of the total meat followed by West Bengal contributing 12% to the meat production. Andhra Pradesh is the third largest meat producer in the country which produces 7% of the total production.
c) Poultry Meat
Haryana, West Bengal & Uttar Pradesh are the leaders in poultry meat production in the country.
2. Export Scenario:
India exported meat and poultry products worth around USD 5 bn in 2014-15 of which buffalo meat alone accounted for USD 4.8 Bn. Other export items include egg powder, sheep/goat meat etc. Major export destinations include Vietnam, Malaysia, Egypt, Thailand and Saudi Arabia.Other export items include egg powder, sheep/goat meat etc. Major export destinations include Vietnam, Malaysia, Egypt, Thailand and Saudi Arabia.
3. Key Fiscal Incentives
– 100% FDI permitted through automatic route in food processing sector.
– Concessional rate of Customs Duty applicable on imported equipment under the project import benefits. – Income Tax deductions on capital expenditure allowed at the rate of 150% for setting up and operating cold chain or warehouse for storage of agriculture produce.
– 100% income tax exemption available to new food processing, preservation and packaging units for the first 5 years of operation, and at the rate of 25%-30% thereafter.
PoultryReporter.com 