The Hindu Business Line, August 25, 2023
New Delhi, Aug 25 (PTI) Union Minister Smriti Irani on Friday inaugurated a poultry feed plant and hatchery unit, which has been set up by IB Group at Amethi, Uttar Pradesh with an investment of Rs 160 crore.
Established in 1985, Chhattisgarh-based IB Group has a presence in hatcheries, broiler and layer breeding, genetic research and poultry diseases diagnostic, livestock feed (poultry, fish and shrimp), soyabean extract, edible oil and chicken processing. The group posted a turnover of Rs 7,782 crore in FY22.
Spread across 12 acres, the newly commissioned plant of IB Group has been established at Jagdishpur in Amethi district of Uttar Pradesh. It has the capacity to produce 600 tonnes of poultry feed per day and 3 lakh broiler chicks per day, the company said in a statement.