The poultry feed plant has come up at an investment of Rs 160 crore.
Smriti Irani Union Minister inaugurated a state-of-the-art Poultry Feed plant and Hatchery unit set up by IB Group at Amethi, Uttar Pradesh with an investment of Rs 160 crore.
Spread across 12 acres, the newly commissioned plant of IB Group has come up at Jagdishpur in Amethi district in Uttar Pradesh, which has the capacity to produce 600 tonnes of Poultry feed per day and 3 lakh broiler chicks per day.
With the inauguration of the new plant, the group which posted a turnover of Rs 7782 crores in FY22, now has 5 poultry feed plants having a total capacity to produce 5800 tons of poultry feed per day. Besides, the group has 6 hatcheries, and a presence across 26 Indian states for its poultry, livestock feed, and edible oil businesses. IB Group is among the top 3 largest poultry players in Asia and a market leader in fish feed in India and edible oil in Central India.
Speaking on the occasion, Smriti Irani said, “I would like to thank IB Group for setting up the largest poultry feed plant of Uttar Pradesh in Amethi, which is far from Chattisgarh. For the growth of the country’s GDP, it is imperative to strengthen the poultry industry. I am hopeful that with technical support to young and talented farmers here, the plant will make its own mark very soon.
Commenting on the commissioning of the new plant, Bahadur Ali company’s founder said, “IB Group is aligned with prioritisation of development at grassroots level. We are privileged to set up the biggest poultry feed plant and hatchery unit of UP which has immense potential to generate local employment. The new plant will also benefit maize and soya-growing farmers of this region. My confidence in the growth of the poultry industry in UP has gone up manifold after interacting with the promising young farmers today. IB Group is committed to offering business opportunities and technology support to young and new poultry farmers in UP thereby improving their livelihood and making Uttar Pradesh a developed and an Atmanirbhar state in the region.”
