According to International Monetary Fund (IMF),
Indian economy is growing at rapid rate and is estimated to grow at 7.2% during
FY 2017-18. Development and growth is driven by consistently expansion of
industries and agricultural sector. However, egg industry is also playing a
vital role in national economy growth, as eggs are second most demanded
proteins by Indians consumers. Normal vegetarian families in India take eggs in
breakfast but typical Indians still didn’t treat eggs as vegetarian thus there
are mixed reactions. It isn’t an issue because egg production and consumption
is gradually paced up in last five years. Poultry production is always
considered as most dynamic sectors as it is quite difficult to assume future
growth. At present, India is positioned among top 5 countries with largest egg
production. In Asia, Indian and China is largest contributor to global
production of eggs each calendar year.
In last five
years, poultry industry in India has experienced heavy investments especially
by international and national investors. Moreover, government of India is also
taking keen interest to provide better infrastructure facilities to farmers. Underlying
factors include emerging urban population, changing consumption pattern and increased
income level. Egg business is divided into organized and unorganized market
share, 60% market is dominated by organized sector whereas rest falls under
unorganised. Nevertheless, commercial poultry farming is still is nascent stage
in states like Bihar, Rajasthan, Gujarat and Kerala. The growth of industry
would have been depend on demand, however, egg are consumed throughput the
country from east to west and north to south. With growing demand for eggs at
international market, government has taken various measures to support farmers,
promote egg products in foreign lands. Price of feeders is worrying for poultry
farmers; moreover, uncertainty is always a part of egg industry. But still egg
producers are hoping for positive results.
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