Can egg business give to power to unorganized food market share

The food industry is basically comprised of high end brands, small and medium scale enterprises and local street vendors. The previous year was certainly a milestone in the history of India, decisions like demonetization and launching of 4G services had created buzz around the globe. Technological advancement has really turned the tables and brings a new energy to the industrial development. Various sectors such as F&B, education and training, retail and entertainment sectors have achieved phenomenal success after demonetization. One more segment that has prospered food industry is growing demand for egg business. Poultry industry will grow rapidly at compound annual growth rate of 10 per cent during 2012-13 to 2016-17 suggested by RNCOS report, Indian Poultry Industry Outlook 2017. It is projected to become billion dollar industry in forthcoming years, led the foundation for new business opportunities.

In order to increase production the government of Andhra Pradesh has started schemes to help organizations/entrepreneurs for the establishment of egg processing plant. 25 per cent of amount required for the infrastructural development will be supported by local government. To add more, interest subsidy will also offer for commercial operations as per provisions of food processing policy of industries development. The only motto behind such schemes is to make egg industry a sunshine business hub in forthcoming years. Small pocket entrepreneurs have shown great interest in governmental schemes.