By Tricitynews
Panchkula 15th March, 2019:- Srinivasa Farms, the industry leader in poultry breeding announces
extension of its strategic partnership with Hy-Line International, the
world leader in layer poultry genetics into North India. Through this
partnership Srinivasa Group will distribute Hy-Line commercial layers
throughout India .
Srinivasa Farms entered into a
strategic partnership with Hy-line International in June 2017 in South India
and the association is proving itself very successful . This partnership is
seeing breakthrough results and beating performance standards through
excellent customer service and technical assistance down south. Srinivasa
Farms & Hy-line International are now ready to extend
this association into North India aiming for bigger success
The size of the poultry industry in India is
around Rs. 100,000 Crores and is expected to grow at the rate of 8-10% over the
next few years. The potential is enormous when one considers the fact that just
65 eggs are consumed per capita in India compared to a country like Japan where
it is 330 eggs per capita.
This partnership has relevance much larger than just a business
association – it has enormous potential of making use of the genetically
superior Hy-Line layers to feed the rising population of India with an
economical source of animal protein.
Srinivasa has earned a reputation of being one of the best poultry breeding
companies in the country, adopting international standards of quality, hygiene
and efficiency. And this partnership with Hy-Line will ensure that they are the
leaders in this market on all fronts.
China, U.S of A and India are the world’s top three layer
producers. Out of this Hy-Line dominant player in China and U.S of A, but has a
limited presence in India. With this new strategic partnership Hy-Line can, through
an established and reliable partner like the Srinivasa Group become the top
layer breed in the world’s 3rd biggest layer market within a short period of
time.
According to Suresh Chitturi, Vice Chairman and Managing Director
of the Srinivasa Hatcheries Group that we as an organization have grown leaps
and bound in the last few years by innovating and forging strategic
partnerships like this one with Hy-Line. He is sure that joining hands with a
world leader like Hy-Line will enable us to deliver international quality
products to the Indian consumer Suresh Chitturi added further that apart from
securing an exclusive license to sell genetically improved Hy-line layer birds
to Indian farmers, the company is taking part in a joint venture with Hy-line
for establishing layer bird breeding farms. Layer bird business holds
high-growth potential in the country and is expected to double the size to
close to 500 + million birds in the next four-five years as the per capita
consumption is expected to grow four-times from the present 65 eggs level.
Mr. Jonathan Cede, President of Hy-Line International added that we
see the enormous potential of genetically superior Hy-Line layers to feed the
growing population of India an inexpensive source of protein through a
partnership with the Srinivasa Group as we found a suitable partner in them ,
which has a rich experience in poultry management. Our success in South India
is a proof to our commitment and delivering Quality produce.
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