Kerala poultry business expects revival after Christmas
INDIA, 13 December 2018 - Christmas, not Easter, will be the resurrection season for the USD$550 million chicken business in KeralaThe price of Christmas poultry has been rising beyond $2.75 per kilo this week, after the devastating floods in the state in August had wiped out more than 2.5 million farm birds.
"This scene will soon start changing on New Year's Eve, as farmers come together to set up a project to improve the chicken supply-chain through Brahmagiri Poultry Mission.
At a $6.1 million investment, the project counts on $140 million annual turnover," said Krishnaprasad, chairman of the Wayanad-based Brahmagiri Development Society (BDS).
Chief minister Pinarayi Vijayan is slated to inaugurate the poultry mission project in Malappuram on 30 December.
"About 250 poultry farms will be in place in four Northern districts by 30 December," said MV Santhosh, Administrative Officer, BDS told Financial Express.
"Within five years, BDS targets to give livelihood to 20,000 people," he said.
Source: Financial Express