Venky’s to start feed production in Bangladesh

The $650 million conglomerate, which claims to be the largest fully integrated poultry group in Asia, looks to produce broiler and layer feed locally, said a company statement.

 

The company will set up its own factory in Jessore, with an estimated monthly production capacity of 4,500 tonnes.

 

Uttara Foods and Feeds Private Ltd, a subsidiary of Venky’s, will produce broiler and layer feed locally, using state-of-the-art technology.

 

"The venture would bring in better technology and market access for the poultry industry in Bangladesh which would ultimately benefit thousands of people employed in the sector," said B Venkatesh Rao, joint managing director of Venky’s.